The Benefits Of Living In Old Fort Bay Bahamas

If you are considering moving to the Bahamas, there are a lot of different things you’ll want to think about. One of the most important things you’ll have to decide is where you want to live. You should strongly consider moving into the Old Fort Bay Bahamas real estate development. This development is a fantastic place to call home.

This Development Can Be Your Home Away From Home

If you move to Old Fort Bay, you don’t have to live there all of the time. There are plenty of vacation rentals in the area. Your place in Old Fort Bay can be a second home to you.

There are a lot of people that want to spend more time in the Bahamas but aren’t willing to live there on a full-time basis. If you’re one of those people, take a closer look at Old Fort Bay. See if this community might be a good fit for someone like you.

It Offers Everything That You Could Want

If you do wind up living in this community, you’ll be living in the lap of luxury. This community offers everything you could possibly want in a Bahamas home. From spectacular views to large kitchens, this development has it all.

If you look at some pictures of this real estate development, you’ll be blown away. Most people are very impressed when they see the Old Fort Bay development. Take a look at the development and see what you think.

It’s Easy To Move Here

Normally, moving into a property in another country can be a big hassle. However, if you want to live in Old Fort Bay, everything should go very smoothly for you. You can work with Better Homes and Gardens | MCR Bahamas Group as you prepare for your move. They’ll walk you through every step of the moving process.

Moving is a lot easier when you have a partner. MCR Bahamas Group will make sure your needs are met. If you tell them what you need, they’ll be able to provide those things to you.

It’s In The Perfect Location

The Bahamas are absolutely beautiful. With that said, there are a few locations that are better than others. Old Fort Bay is in a very special location. It’s a historical site that is very close to the biggest attractions that the Bahamas have to offer.

If you do live in this part of the Bahamas, you won’t have to miss out on anything. You’ll be able to enjoy every aspect of life in the Bahamas. Once people have had the chance to visit Old Fort Bay, they don’t ever want to leave.

As you can see, there are plenty of benefits to living in the Old Fort Bay Bahamas real estate development. If you’re interested in living here, reach out to the MCR Bahamas Group and let them know what you are interested in. See if they can tell you what you need to know.

All About The EB-5 Investment Program

Investment Research
Investment Research

The EB-5 investment program is actually a visa investment program designed to bring in an infusion of fresh cash into the US economy by the issuing green cards to foreigners who invest in the country, especially the lower-income areas.While the underlying principle is simple, there is still some difficulty understanding how the program actually works and how it is being implemented.
Very briefly, however, the EB-5 investor program requires interested applicants to invest at least $1 million in an existing US business, use at least $500,000 to stimulate the economy of a poverty-ridden area, or make or preserve at least ten jobs. Once an applicant meets any of the requirements, he or she is granted permanent residency or issued a green card.

The money coming from the EB-5 program is managed by the different regional centers. These regional centers are authorized by the US immigration service to pool the money and develop projects. You will be surprised to know that these regional centers are run by private organizations, although some are run by local government.

In areas where there is a high unemployment rate, the minimum investment amount is reduced to $500,000. These areas are designated at Targeted Employment Areas or TEAs. A local area can only be considered a TEA if its unemployment rate is at least 150% higher than the national average.

The number of new immigrants that come to the US through the EB-5 investor visa is actually small – less than one percent of green card holders every year. There are around 10,000 visas that are available every year to investors and their immediately family member. However, the highest number of admissions was in 2013, for 7,000 visas.

Despite its noble intent, some quarters have been quick to point out the high-profile cases of fraud involving EB-5 immigrants as well as the program’s innate vulnerabilities. However, nobody can ever deny that the program could potentially benefit local communities and the country overall, both in the long term and short term. To date, financing from the EB-5 program has been funneled largely to fund commercial-property development projects, building assisted-living facilities, and building manufacturing plants.

How difficult is it for an investor to get an EB-5 visa? It’s rather difficult especially when you consider that there is a complex network of intermediaries, which enjoy little regulatory oversight. In other words, accountability for how the money is spent is rather questionable.

Aside from this, the immigrant has to bear the burden of complying with the program’s requirements, even though they may know nothing and have little control over the investment process.

This situation is exacerbated by the lack of coordination between the local Economic Development Agencies or EDAs and the regional centers that manage EB-5 investment money. The lack of coordination means that interested applicants in the investor visa program have a dearth of information on which areas in the United States they can enter in as an immigrant. In other words, they don’t know what choices they have.