20 June 2014

Economic boost for Miami through EB-5 designation; Matsumoto Prize

Miami to receive economic boost through EB-5 program

Miami has received an EB-5 Regional Center for Foreign Investment designation, making it easier – and more attractive – for foreigners to invest in South Florida.

The City of Miami has received approval for designation as an EB-5 Regional Center for Foreign Investment under the U.S. Citizen and Immigration Services immigrant investment visa program.

By utilizing the EB-5 investment program, foreign capital investment in Miami is expected to increase, which in turn will likely translate into the creation of thousands of new jobs and economic growth for both the city and the entire South Florida region.

Mayor Tomas Regalado said the approval by the USCIS is a “tremendous vote of confidence”.

The program allows the city to assist foreign nationals who inject capital in to the U.S. economy by granting them special immigration status. To be accepted into the program, investors must spend at least $500,000 and prove in two years that they created 10 jobs.

Please contact me for more details if you are interested.

Matsumoto Prize for Modern Architecture

The George Matsumoto Prize is a unique design competition, focusing on Modernist houses in North Carolina. It features a jury of internationally-known award-winning architects, and an online People's Choice Vote

Which is where you come into play.

Matsumoto was one of the founding faculty members of the NCSU School of Design, who created some of North Carolina's most well-known and well-loved Modernist houses.

The Matsumoto Prize engages the public in the value of architecture, and demonstrates the unique talent of exceptional Modernist architects and designers in North Carolina. 

Voting is open until 5 pm Eastern on Sunday, July 13. You do not have to live in NC to vote, but you better have an opinion about modern architecture (good taste doesn't hurt). 

I participate every year and can tell you it really is fun - so head over to the Matsumoto Prize page, take your time to evaluate the entries and cast your vote – it does count! 

Photo: Lebda Guest House by Michael Kersting