In an article published by the Nashville Business Journal, Bass, Berry & Sims attorneys Michael Gibson and Mark Sheets provided insight on the EB-5 Immigrant Investor Program and proposed changes to the program pending Congressional action. The proposed changes include redefining where projects are located, raising the investment threshold and making more EB-5 visas available. “EB-5 can be a relatively inexpensive source of capital for real estate developers and presents an opportunity that is largely untapped in Nashville despite a booming commercial real estate market,” said the authors.
The full article, “Immigrant Investors Could Fuel Nashville Construction,” was published by the Nashville Business Journal on November 11, 2016, and is available online.