Securing capital: EB-5 program pros and cons

Securing capital: EB-5 program pros and cons

Guest contributors Monroe Moxness Berg PA and CohnReznick provide tactics for finding growth capital with the EB-5 program. Monroe Moxness Berg is a law firm specializing in multiunit franchise finance, mergers and acquisitions, and taxation. CohnReznick is a firm providing accounting, tax and advisory services through its Hospitality Industry Practice.

The restaurant community is embracing a unique tool to secure development capital. Restaurant owners who have proven concepts and desire to expand their brand are taking advantage of the EB-5 Program, otherwise known as “buying a Green Card.” The program was part of legislation enacted in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors.  

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