Sam Silverman, Managing Partner of EB5AN, was interviewed by The New York Post and was quoted in an article featuring EB5AN’s Twin Lakes Georgia rural EB-5 loan project.
The article details the rise in demand from foreign investors for the EB-5 program since the passage of the EB-5 Reform and Integrity Act of 2022 (RIA). The bill created new set-aside visa categories for rural and high unemployment targeted employment areas (TEAs), as well as public infrastructure projects.
Read the Full Article in the New York Post
A Rise in EB-5 Demand from Foreign Investors
In The New York Post, Silverman explained, ““There was no reason to do rural if you got the same benefit investing in New York City.”
Now that new EB-5 investors who select EB-5 projects in rural areas receive “priority processing” and access to 2,000 reserved visas per year, getting the Green Card quickly is realistic. Many of the EB-5 investors in the Twin Lakes rural EB-5 project have already received Green Card approvals within 12 months.
Since the RIA, demand for EB-5 has jumped significantly from just 350 investors in Q3 2022 to 938 investors in Q3 2022.
Investors and the Twin Lakes Rural EB-5 Loan Project
With regards to Kolter Homes’ Twin Lakes Georgia development, EB5AN Managing Partner Sam Silverman is also quoted in The New York Post saying the Kolter Group, a southeast focused developer, is raising its fourth round of EB-5 investment for the Twin Lakes rural EB-5 project.
Twin Lakes is a 1,300-home real estate development for active adults over 55, located in a rural TEA outside the Atlanta metro area. For 2022 and 2023, Twin Lakes was the number one best-selling new active adult home development in the state of Georgia. Thousands of qualifying EB-5 jobs have already been created.
As one of the largest private developers in the United States, The Kolter Group LLC and its predecessors and affiliates have invested in real estate projects totaling over $29 billion in value (both realized and in process). Kolter has developed thousands of single-family homes, apartment units, condominium units, hotel rooms, and finished land lots in the southeastern United States. Kolter has borrowed billions of dollars over its 25+ year history and has never failed to repay a loan. All EB-5 investments in Kolter projects are in good standing or have been repaid.
Learn more about Silverman’s take on the new visa categories for foreign investors nationals, as well as EB5AN’s Twin Lakes rural EB-5 project, in The New York Post.
Read the Full Article in the New York Post
For more information on how to join EB5AN’s Twin Lakes rural EB-5 loan project, schedule your free consultation with Managing Partner Sam Silverman today.
