Asian Invasion 6
EB-5

Of all the information I've reported on the Asian Invasion in Hotchkiss Valley, this may be the scariest of all. Loudon County Property Assessor, Mike Campbell, ran across this information while trying to figure out how these properties should be keyed in to the county property system.

I wouldn't start to try to explain what all this means but it sure doesn't sound very good. EB-5 is an federal immigration policy that allows issuing Green Cards to foreigners who own American land, best I can tell. But remember, the restrictions on the property prohibit any of the land held by the Asian folks from ever being sold to US citizens.     

From Walton Global:

Employment-based (EB-5) Immigrant Investor Visa Program, providing a method for eligible immigrant investors to become lawful permanent residents—informally known as “Green Card” holders—by helping to finance a business in the United States that will create 10 permanent full-time jobs, per applicant, for qualified US workers.

Walton also says this program is Shariah endorsed. Think about that

Some of you folks that are way smarter then me on this stuff, read through this and see if you can make heads or tails of it. Take note, the Biden administration modified the EB-5 rules in March of 2022 and Walton announced their new EB-5 plans in May of 2023.

I'll certainly be forwarding this information on to state officials for consideration.

Walton Global Launches Global EB-5 Immigration Program

Offering applicants globally the ability to make real estate investments in U.S.-based development projects

May 22, 2023 12:37 PM Eastern Daylight Time
SCOTTSDALE, Ariz.--(BUSINESSWIRE.COM)--Walton Global, a real estate investment and land asset management company, is pleased to announce the launch of an employment-based immigration (EB-5) business line which offers applicants from across the globe the ability to make investments in U.S.-based development projects managed by Walton. This program provides a unique offering in the industry for EB-5 applicants to receive a return on their investment while also supplying opportunities for individuals who wish to obtain their Permanent Resident Cards and become U.S. citizens.

“We are looking forward to supporting economic development and new job creation in the U.S. by developing quality businesses that will stand the test of time,” said Bill Doherty, CEO of Walton Global. “Our strategy is to create developments in key communities across the country that will be welcomed by residents and promote tourism. We are committed to what we are doing, and we are prepared to provide exceptional and informed services to our growing number of global clients and investors in the EB-5 space.”

As one of the only EB-5 Shariah endorsed programs to date, Walton Global is taking extra steps to provide value for investors. In addition to their 11 global offices, Walton will provide additional, localized coverage in countries such as Brazil and Taiwan.

“This is an exciting milestone for Walton. As we expanded our business globally over the years, our investors and clients have been asking if we have the capability to help them immigrate to the U.S., and I’m glad we can now provide that service for them,” said Matt Keister, Executive Vice President at Walton Global. “We have assembled a best-in-class team that are experts in their field and understand the nuances of the EB-5 program. We are actively engaging immigration agencies and groups worldwide to extend our services and accommodate the growing demand for legalized immigration to the U.S.”

Walton Global is currently accepting requests for opportunities in EB-5 real estate investments. Visit walton.com.

About Walton Global

Walton Global is a privately owned, leading land asset management and global real estate investment company that concentrates on the research, acquisition, administration, planning, and development of land. With more than 44 years of experience, Walton has a proven track record of administering land investment projects within the fastest-growing metropolitan areas in North America. The company manages and administers US$3.4 billion in assets on behalf of its global investors, builders and developer clients and industry business partners. Walton has more than 93,000 acres of land under ownership, management and administration in the United States and Canada with business lines ranging from exit-focused pre-development land investments, builder land financing and build-to-rent. For more information visit walton.com.

Contacts
 MEDIA CONTACT:
Allison+Partners
 waltonglobal@allisonpr.com

From Walton Global:
 EB-5 Immigration and Developments

In 1990, the US government created the Immigration Act of 1990 called the Employment-based (EB-5) Immigrant Investor Visa Program, providing a method for eligible immigrant investors to become lawful permanent residents—informally known as “Green Card” holders—by helping to finance a business in the United States that will create 10 permanent full-time jobs, per applicant, for qualified US workers.

Using our years of experience in development, we our offering EB-5 services that provides opportunities for EB-5 applicants from across the globe to invest in US based development projects managed by Walton. EB-5 applicants can also receive a return on their real estate investment making our program unique in the industry. We understand the details of the EB-5 process to support our investors and the importance of developing relevant businesses that help the US economy that are completed on-time.
 

Learn More About Our EB-5 Offering

If you are looking for an EB-5 development project for an existing  applicant or if you are an applicant and would like to hear more about our EB-5 services, please fill out this form. We look forward to speaking with you. 

Link To Walton Global EB-5 Page

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10/9/23