Foreign Investors: Financing

NHL Dept: Jamison said Thursday he took a look at the program, which essentially trades green cards for cash, but said it will not be part of his financing package in the purchase of the team from the NHL. He declined again to reveal any of his investors or details of his financing plan, but said he hopes to close the sale in January, according to Globe and Mail. One source said Jamison spent a lot of time and travel trying to attract foreign investors through the program, particularly in the Middle East. Another source said Jamison is not using the program because he failed to find any takers for the same reason he is having trouble getting conventional investors the Coyotes are a poor investment and eB-5 is the official name of the visa, a conditional green card, granted by the U.S. government to wealthy immigrants in exchange for an investment of at least $1-million $500,000 in rural or high-unemployment areas in an American business. I ve been at this 18 months, I ve looked at everything, Jamison said. I m aware of the EB-5 program and what it can do. We did discuss it, but we re not using it as part of our program, no. (www.immigrantscanada.com). As reported in the news.