Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Off Topic
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Kelley Jorgensen
  • New to Real Estate
  • Vermillion, SD
0
Votes |
5
Posts

EB5 Project Across State Lines

Kelley Jorgensen
  • New to Real Estate
  • Vermillion, SD
Posted

I live in Southeastern South Dakota, and if you're familiar with EB5 you'll know about the scandal that took place a few years ago --essentially, several Chinese investors were scammed, they sued the state, we lost our regional center. (https://www.uscis.gov/working-united-states/permanent-workers/employment-based-immigration-fifth-preference-eb-5/eb-5-immigrant-investor-regional-centers/approved-eb-5-immigrant-investor-regional-centers) Anyway, our former governor, Mike Rounds presented an overhaul bill backed by Graham (sen SC) and Cornyn (sen TX) and is trying to get the center back. --as far as I understand anyway. 

My question is, can I use the Omaha or Minneapolis Regional Centers to fund a hotel + retail project in South Dakota? 

Loading replies...