Wednesday, December 26, 2012

EB5 Regional Center Application Often Specifies Florida and the Southwest

People moving themselves and their families to the United States under the EB5 investor immigration program seem to love the state of Florida and other warm locations. In 2011, six of the ten most popular locations for EB5 immigration were in Florida, with the Lakeland-Winter Haven area most popular. Other su
n belt locations are popular too, including the Phoenix area, Las Vegas, and Honolulu.

Major Urban Areas Also Popular with EB-5 Investors

New York City and Los Angeles also have their share of EB5 immigrants, who have helped fund major redevelopment projects in pockets of cities hard hit by the 2008 recession. But there are also less well-known areas that have targeted EB5 immigrants and actively courted them for reinvestment. For example, the state of Vermont's Regional Center is directly supervised by the state government and has seen great success.

Elements of a Successful EB5 RegionalCenter Application

When U.S. developers and entrepreneurs apply for Regional Center status so as to attract investment capital under the EB5 program, they must demonstrate several things in their application:

  • A clear geographic delineation of the area served
  • Specific industries EB5 immigrants can invest in
  • Economic reports showing how the Regional Center creates or saves at least 10 jobs per investor
  • Corporate documents such as operating agreements
  • Detailed budget and marketing information

Why Immigrants Love EB-5

Investors from all over the world love the EB5 program because it offers tremendous flexibility. Applicants can choose to live in a region where they have always wanted to live, can send their children and stepchildren to U.S. colleges and universities, and they can choose their level of day-to-day involvement with their investment project.

Why U.S. Businesses Love EB-5

U.S. businesses love the EB5 program because it brings much-needed capital into areas that need it, without costing taxpayers any money. EB-5 Regional Centers must be designed to create or preserve at least 10 full-time jobs per investor. Many U.S. projects regularly travel to countries like China, where the largest percentage of EB5 immigrants are from, in order to attract investment under the EB5 investors program.

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