Lakewood Doesn’t Make Cut for Tribune EB-5 Article, 7 Parts of McHenry County Qualify for the Investment for Visa Program
The Chicago Tribune dipped into what some call the “Buy a Visa” program on its front page Sunday.
At one time, the McHenry County SportsPlex was the featured project.
There was no mention of the Lakewood, Illinois, property on which projects qualify for the Federal EB-5 program.
Under the program foreigners seeking the American dream can invest $500,000 in an area of high unemployment and get a Visa.
The investment must create ten jobs or the deal is off, however.
There are four projects in the Chicago area being shopped around. All but one are nursing homes, which one might note, will not create many high paying jobs.
The areas in McHenry County where entrepreneurs can try to raise cash through the EB-5 program can be seen below.