How Will New Immigration Change Impact South Florida Real Estate?

Major changes to a federal immigration program that has fueled South Florida real estate development for almost three decades came into effect Thursday. The EB-5 investor visa program, which gives wealthy immigrants a chance to invest in U.S. real estate projects in exchange for a permanent U.S. residency, also known as a green card, will now be more expensive for foreign investors. [Source: Miami Herald]

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