The United States welcomed 282 Brazilian immigrants last year through the EB-5 investor visa program, as the country rose to become the third largest user of EB-5 visas for the first time, a new report from the U.S. Department of State shows.

Brazil’s rise to number three for fiscal year 2017 came on an 88 percent increase in new visas issued year-over-year. In 2015, just 34 EB-5 visas were issued to Brazilians.

Mainland Chinese nationals still dominate the program, which has become a key source of financing for high-end residential projects in New York City in recent years. Seventy-five percent of EB-5 visas, or more than 7,500, were awarded to mainlanders in 2017. The country with the second most visas was Vietnam, with 471 visas issued. That country has held the number two spot for three years, according to analyses of historical data from Suzanne Lazicki, a Utah-based EB-5 business plan writer.

Full Article: The real deal

More Real Estate News

waldorf-astoria-miami-residences-condos-preconstrucion-florida-newyork

Miami a paradise for many wealthy buyers.

Waldorf Astoria Residences Miami100-story tower located in Downtown Miami across from Biscayne BayConceptually designed by world renowned architect Carlos Ott ...
/ News
theGROVE-Orlando-properies-view

The Grove Residences Orlando Resort & Waterpark

Su Magia Comienza Aquí The Grove Residences Resort and Water Park es mucho más que el mejor complejo vacacional de ...
/ News, Orlando, Pre-Construction
nativo-miami condos airbnb render

Natiivo Miami Condos for Airbnb

Natiivo Miami Condos for Airbnb Why Natiivo for Airbnb? To answer this question we have to look at one of ...
/ Downtown, News, Pre-Construction
Legacy Miami Condos

Legacy Miami Condo Hotel

Legacy Miami Condo is both luxury hotel and residential tower featuring 278 branded residences sitting above a 255 room hotel. Just a short distance ...
/ Downtown, News, Pre-Construction
Una brickell condo pre construction

4 Bedrooms – Lease – Miami

...
/ News
echo_brickell_condo_sales-rentals-leasing

2 bed units for lease Brickell

We have created this page for you with all the 2 bed available units in the Brickell area. Please feel ...
/ News
Una brickell condo pre construction

UNA BRICKELL PRE CONSTRUCTION MIAMI

OVERVIEW Designed by Adrian Smith + Gordon Gill Architecture, Una takes its inspiration from the elegant shapes and materials of ...
/ Brickell, News, Pre-Construction
david beckham

Beckham partners eye Melreese golf course for MLS stadium site

David Beckham and his partners are considering a new property for their multimillion-dollar Major League Soccer Stadium. Miami City Manager ...
/ News
Prive Aventura

Privé developers win another victory in ongoing litigation with neighbors

Miami Federal Judge Robert Scola Jr. granted summary judgment in favor of project builders Gary Cohen, Daniel Lebensohn, BH3 and ...
/ News