Portfolio.com reports that Colorado freshman Democrat Jared Polis is proposing a bill that would modify the job requirements requirement of the EB-5 program. Investors at the $1,000,000 level could meet the program requirements with five jobs created as long as the investment is made through a venture capital fund or through investors with at least $10,000,000 invested in other businesses.
COLORADO CONGRESSMAN SEEKS TO IMPROVE EB-5 PROGRAM
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