The development
Location, design, residence types and shared spaces show what the development is intended to offer.
The residences
The original floor plans show each layout with its interior and outdoor areas. Ask the broker about a particular residence, its price and its availability.
The location
The development is on the Biscayne Boulevard corridor in North Miami Beach. Measure the distances that matter to you, such as work, school and the airport, from the addresses you would actually use, and visit the area at different times of day before you decide.
Before you buy
Ask for the purchase agreement, the condominium documents and the association budget before you sign, and review them with your own real estate attorney. Confirm the delivery date, the deposit terms and what is included in the price.
A home purchase and EB-5
Buying a residence is a real estate transaction. It does not by itself qualify for EB-5 and is separate from any EB-5 investment.
Does buying a home in the development qualify for EB-5?
No. Buying a home for personal use does not by itself qualify for EB-5. The EB-5 investment goes into a new commercial enterprise that must create at least 10 full-time jobs for qualifying U.S. workers; purchasing a particular residence is a separate transaction with separate rights. Ask which documents govern each one.