Peter, does your friend have projects in "targeted areas", where the requirement is $500k and not a Million ? If so, please share the details, I am looking to invest.
Mark, I am one of those prospective EB5 investors(500k, not million).
Unfortunately there is too much noise in EB5 projects, there are too many scammers and it it is extremely hard to evaluate which projects (if any) are worth taking the risk. The only way for me to feel good about my investment is
1) If there is enough history and success stories, OR
2) It is a business that I fully understand and have full transparency and control over how my money will be used, .. AND
3) I can be absolutely sure that the person running the business will be able to generate 10 fulltime US jobs and other criterion for EB5 project.