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Alternate Route To EB-5 Via E-2 Through Grenada
EB-5 Investment Voice
Mona Shah & Associates Global Podcast Series
Reported by Hermione Krumm, Esq.
With issues around retrogression in the EB-5 program, aspiring investors are looking for alternative strategies. There is no doubt that E-2 visa has been the flavor of the month and legal practitioners and agents alike are passionately pursuing this alternate route for investors to come to the United States.
In this podcast, which marks the 50th podcast in the EB-5 Investment Voice series - the only Podcast series that focuses on the US immigrant investor visa, EB-5 and foreign direct investment, Dr. Christofer Ashby joins Mona and Rebecca to discuss the E-2 program in Grenada as a stepping stone to the US EB-5.
It is not the first time, however, that EB-5 Investment Voice invited guests to speak about the transition from E-2 to EB-5, as seen by our old podcast Changing Lanes from E-2 to EB-5 with Kamran Kirmani of NuRide posted on August 3, 2017 and the subsequent report (by the author) published on LexisTalk (https://www.lextalk.com/b/lextalk_blog/archive/2017/08/17/eb-5-investment-voice-changing-lanes-from-e-2-to-eb-5-with-kamran-kirmani-of-nuride.aspx). In addition, I have also had the privilege of talking about E-2 on our Chinese podcast and publishing a Chinese article on E-2 to EB-5 through a Grenadian citizenship, besides Mona - our principal partner’s early publication in April on E-2.
Our guest in this podcast, Dr. Christofer Ashby, Esq. is an ambassador for the government of Grenada, working with the Ministries of Finance and Foreign Affairs on matters of foreign direct investment. He holds multiple graduate degrees from the University of Southern California, including two PhDs in music and economics, and one J.D. Dr. Ashby has 30-plus years of experience in structured finance and business development, and he is currently developing luxury resorts on Grenada and Carriacou.
Dr. Ashby caught Mona’s attention after being highly recommended by many of his peers and the MSA team’s extensive due diligence on most current projects in Grenada. In this podcast, Mona, Rebecca and Dr. Ashby touched bases of Grenada’s E-2 program and discussed the subsequent transition to EB-5. Valuable advice was given on what to look for in a project on the island and why you should be wary of guaranteed returns.
1.Does the developer have the domain-specific expertise to deliver?
2.What are the sources of financing for this project?
3.Will the project be completed in a timely fashion?
Please see the link below for access to the podcast episode: http://mshahlaw.com/alternate-route-to-eb-5-via-e-2-through-grenada/ .
Podcast is a digital radio which the audience can easily stream and download to their computers and mobile devices. The audience can also subscribe to their favorite channels to automatically receive new episodes of their favorite shows. EB-5 Investment Voice is Mona Shah and Associates' series of podcasts devoted to providing insights into the Immigrant Investor Program for foreign investors, domestic fundraisers and enterprising entrepreneurs. Tune in to our latest episodes at http://mshahlaw.com/podcast/
About the Author:
Hermione Krumm, Esq. is an associate attorney with Mona Shah and Associates Global. Hermione works with EB-5, corporate, merger and acquisition (M&A), intellectual property and foreign direct investment (FDI) matters involving China, the UK and the US. Hermione writes and comments frequently on current business and immigration issues. Her articles have been published by LexisNexis, ILW, EB-5info, EB-5 Supermarket, etc. Hermione received her LL.B. (Hons) from the University of Manchester School of Law (UK), and obtained her LL.M. from Cornell Law School. Hermione speaks fluent English, Mandarin and Cantonese.