Canny foreigners invest their way into green card with EB-5

News Snapshot:

Glades County is one of Florida’s sparsest locales, a rural expanse with 12,000 residents, two firefighters and no major grocery store. It’s there that Jeff Akerman is springing to life a religious Jewish community of 1,300 homes — the next Williamsburg, Brooklyn, but on Lake Okeechobee. The novel project — planned with two synagogues and a pair of religious schools — is getting an assist from an improbable source: financiers from China and India, whose investment could mean a quick ticket to a US visa. 8 Incentives to encourage rural investment via the EB-5 program have extended nationwide. Mike Guillen/NY...