Allison Berman, managing director and general counsel of Greystone EB-5 Allison Berman, managing director and general counsel of Greystone EB-5

NEW YORK CITY—New regulations published on Wednesday will impact the real estate industry raising the minimum investment amounts to be eligible for the EB-5 visa and limiting targeted employment areas (TEAs). Allison Berman, the managing director and general counsel of Greystone EB-5, highlights how the new rules will affect the real estate industry.

The EB-5 program allows foreign investors to obtain green cards by investing in US businesses that employ American workers.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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