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| George Livingston |
MAITLAND, FL -- A unique development enterprise based in
Orlando recently participated in a trade mission to Beijing to brief Chinese
investors in a bid to attract investors to develop assisted living facilities
in Florida.
George Livingston, a principal of Orlando EB-5
Investments, LLC, said an extensive presentation for the potential backers, all
members of a fast-growing class of increasingly affluent Chinese entrepreneurs,
was made in Beijing.
Livingston and Orlando EB-5 Investments are banking on a
23-year old U.S. immigration policy that encourages foreigners to invest in
U.S. businesses. The EB-5 immigrant visa category grants green cards to
foreigners seeking permanent resident status when they invest at least $500,000
in approved U.S. business enterprises that generate jobs.
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| Richard Asta |
Currently the U.S. grants 10,000 EB-5 immigrant visas
annually.
“That is a tremendous volume of investment capital and it
substantially benefits the U.S. economy, not to mention our balance of trade,”
Livingston explained.
Livingston said Orlando EB-5 Investments boasts an
influential principal---LivingVentures, Inc. formerly known as Green Global Investments,
LLC.
LivingVentures currently operates 1,000 housing units in 10
facilities in Toronto, and plans to expand to 3,000 to 5,000 units by the close
of 2013, Livingston said.
The firm is currently acquiring two Florida properties where
it plans to develop 240 residential units for assisted living and memory care
seniors.
“We are seeking funding from EB-5 investors to acquire and
develop assisted living facilities and senior housing throughout Florida,”
Livingston said.
Contacts:
Richard A. Asta, President, Orlando EB-5Investments,
407-875-9989 ext 1728 rasta@realvest.com
George Livingston, Chairman, Green Global Investments
/LivingVentures 407-875-9989 Glivingston@realvest.com
Larry Vershel, Larry Vershel Communications Inc. 407 644
4142 Lvershelco@aol.com
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