We at the Center for Immigration Studies write frequently about the EB-5 (immigrant investor) program, and apparently that’s why we recently received this (partially redacted) blast e-mail:
Dear Attorney Group.
[redacted name of Brooklyn wholesale grocer] is willing to sponsor EB5 clients. As such we are looking for passive overseas financial investors for our 19 year old establishment.
I can be contacted at [redacted].
We do not know if our new friend in Brooklyn knows that USCIS requires the creation of ten new jobs with each $500,000 EB-5 investment, or that the agency thinks about the program as a way of expanding business activities in the U.S.
But the wholesale grocer has hit the nail on the head in terms of the actual operations of the EB-5 program; it uses the most passive of alien investors, and it is usually involved in non-cutting edge activities like a 19-year-old wholesale grocery firm in Brooklyn; which sounds like a stable business in a stable place.
I wonder, did he get any nibbles from his missive? He did not reply to our questions about it.
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