Miami Luxury Condo Announces EB-5 Investment Opportunity

Blue Road and Ilia Development Group announced that The William will participate in the EB-5 Program, allowing qualified foreign nationals to pursue U.S. permanent residence by investment.

The news comes as The William has already generated notable international interest, buoyed by South Florida’s economic growth and global connectivity, as well as the project’s prime North Miami Beach location minutes from Aventura and Sunny Isles Beach, making it a natural draw for global investors seeking a foothold in the region.

Established by Congress in 1990, the EB-5 Immigrant Investor Program aims to stimulate the U.S. economy through job creation and capital investment. The program allows foreign nationals and their immediate family members, including spouses and unmarried children under 21, to obtain permanent residence by investing in qualifying development projects that meet federal job creation requirements.

To qualify, investors must invest $800,000 in capital from a lawful source of funds into the project. In return, investors are able to ultimately obtain U.S. permanent residence, with the flexibility to live and work anywhere in the U.S.

“EB-5 has long been a meaningful part of Blue Road’s development strategy because it connects global capital with projects that generate real economic impact and employment,” said Jorge Savloff, founder and CEO of Blue Road. “We have watched international investors look to South Florida for years as their gateway into the U.S. market, and we expect The William to resonate strongly with those seeking both residence opportunities and long-term value.”

The William presents an attractive investment opportunity for global investors. The project is also sought after for its proximity to Aventura Mall, Bal Harbour Shops, Oleta River State Park and the beaches of Sunny Isles, along with convenient access to the Brightline Aventura station and both Miami International and Fort Lauderdale-Hollywood International airports.

“The interest we are seeing from Latin America, especially in markets like Colombia, Mexico and Argentina, is significant,” said Edgardo Defortuna, President and CEO of Fortune International Group. “These are serious investors looking for a foothold in the United States, and South Florida is where they want to be. The William offers the lifestyle, location and accessibility they are seeking, now made even more attainable through the EB-5 program.”

Located at 2040 NE 163rd Street, The William is designed by internationally renowned architect Carlos Ott in collaboration with Behar Font & Partners, with interiors by Miami-based Urban Robot. The tower features more than 40,000 square feet of amenities, including a resort-style pool and sun deck, fitness and wellness facilities, spa treatment rooms, outdoor dining and lounge areas, co-working and café spaces, a children’s playroom and playground, and rooftop gathering areas featuring a pickleball court, courtside lounge and sweeping views of Biscayne Bay and the Atlantic Ocean.

 

 

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