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Ronald Klasko Spoke at Addressed Pennsylvania Real Estate Lawyers on How the EB-5 Visa Program Can Help Their Developer Clients

H. Ronald Klasko addressed real estate lawyers from around the state at PBI’s 15th Annual Real Estate Institute on what they need to know to help their clients raise capital for US projects through the USCIS’ EB-5 Visa Program. Mr. Klasko’s talk focused on how, with sources of capital drying up or frozen, developers around the country are turning to the EB-5 green card program to fund new projects. The program is simple to understand. Foreign investors can get a fast track green card to live in the U.S. by investing in projects that create jobs. The program allows for a $500,000 investment by the foreign investor in projects in designated regional centers. Developers are actively trying to get such designations for their projects.

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