Experienced Eb-5 Consultants in South Florida

The EB-5 visa program was created by the Immigration Act of 1990 and was designed to put immigrant investors on the fast track to citizenship.  Foreign nationals who invested a certain amount of money in America or created a certain number of jobs for native workers were encouraged to apply for permanent residence.   Congress believed that EB-5 investors would help stimulate economic activity in certain parts of the country. Unfortunately, that did not come to pass.

According to report published by the Government Accountability Office in 2005, the response to EB-5 program has been underwhelming. In other words, it has failed to attract wealthy foreign investors in great numbers. One common complaint of prospective EB-5 investors is that the application process is confusing and time-consuming.  Even those with experience in international law often have trouble following the anfractuous instructions, rules and regulations. 

What Can Serious EB-5 Investors do?

The good news is that there has been some forward movement in the program in recent years.  EB-5 investors filed more than 3,800 applications in 2011, compared to only about 800 in 2007! One explanation for the increase is that many of the previously rigid regulations have since been relaxed, which has expedited the qualification process. It is also a fact that many potential investors now avail themselves of the services of experienced EB-5 consultants.

How Can They Help?

Not every U.S. state has an approved EB-5 regional center project. Thankfully, Florida is on the list. Foreign nationals who are interested in investing in the Sunshine State should contact an experienced EB-5 consultant as soon as possible to get the ball rolling. Even though the process is faster and less confusing than it was in the past, the right adviser can save most investors time and money.

Fred Burgess Esq. has been a practicing attorney for over two decades and has filed more than his fair share of EB-5 regional center application forms in the South Florida area. He is also a licensed mortgage broker and an expert on real estate law.  With the help of his experienced staff, Mr. Burgess has helped countless clients obtain permanent residence under the EB-5 program.

Developers Find Funding Opportunities As EB-5 Regional Center

The real estate and housing market crash has left real estate developers high and dry as the struggling economy continues to inflict a veritable drought on investors willing to brave the risky market. Fortunately there is one avenue of investment that has actually grown with the deflation of the U.S. economy. The decline of the American dollar may be bad news for us, but to foreign investors it’s a sweet opportunity to get more bang for their buck- or pound, franc or euro. For solvent foreign nationals looking to live and work in the U.S. this is great news. Through the EB-5 visa program, they can gain permanent resident status for themselves and their immediate family, simply by investing in an EB-5 Regional Center. For real estate developers, achieving official Regional Center designation opens up a world of project funding opportunities.

Advantages of Regional Center Designation

• Under the Regional Center designation, qualifying projects gain instant legitimacy and marketing with foreign investors looking to immigrate to the U.S.

• Because of the program requirements, the minimum investment capital will be between $500,000 and $1,000,000. Not only is this a guaranteed high investment, your project benefits from the get go since you know ahead of time what to expect.

• Regional Center investments appeal to foreign investors who are not interested in direct control over their majority share, so you get the capital your project needs without giving up the power to manage and direct its development.

Going Through The Process

Despite the obvious advantages to gaining Regional Center status, many developers are daunted by a major con- the application and approval process itself. The process, which can take anywhere from six months to a year, involves intense planning, submission of paper work, and a rigidly adhered to list of requirements and scheduling. The expense of hiring the multitude of experts needed to successfully achieve Regional Center designation can make gaining access to foreign investors tantalizingly out of reach. The best way to go is to hire an experienced EB-5 consultant firm like EB-5 Exclusive, which gives you access to a full team of professionals who can take you smoothly through the process from start to finish. Instead of paying multiple parties, you’ll pay one, and the return on that investment could save your business.