Last week, Greenberg Traurig EB-5 attorney Laura Reiff spoke at the first of many monthly informational sessions hosted by the city of Miami’s Office of International Business Development.

The event began with a press conference with the mayor of Miami in City Hall and was followed by a widely attended informational session focusing on the EB-5 Immigrant Investor Program. Reiff discussed the nuances of the EB-5 program, challenges faced by entrepreneurs seeking EB-5 funding and federal securities regulations compliance.

The city of Miami received EB-5 designation earlier this year, and is the only regional center owned, managed and supervised by a municipality. By utilizing the EB-5 investment program, the city expects to increase foreign investment in Miami, which will translate into the creation of thousands of new jobs and economic growth for both the city and the entire South Florida region.