2017 : Economic Dev.
Some Park Towns Recruit EB-5 Program Foreign Entrepreneurs
The EB-5 Immigrant Investor visa is a way to get admitted to the US as a Conditional Permanent Resident. You must invest $500,000 in a new business. If you successfully hire 10 full time people in 2 years, you get to be a permanent resident. The program is particularly popular with Canadians. Some Park towns are actively recruiting foreign entrepreneurs who can take advantage of the program.
Influenced Scenarios
Evidence
Vermont Continues to Have Success with EB-5 Investments
The Jay Peak resorts have opened and new projects have been started.
Read the news story update here.
Read the news story update here.
Vermont using EB-5 visas to attract resdients and visitors
This has not been used in the Adks yet, but a big project in Vermont has been built with this approach to funding. It has not been without issues but they got a big project built.
For Some Park Towns Recruit EB-5 Program Foreign Entrepreneurs
For Some Park Towns Recruit EB-5 Program Foreign Entrepreneurs