EB5 Full Investment program
The EB-5 program is a pathway for foreign national investors to permanently live in the US by making a qualifying capital investment in the US. To qualify for a Green Card through EB-5 you must:
1– Creation of a new U.S. enterprise
You must invest at least US$1 million in a new commercial enterprise or US$500,000 if the enterprise is located in a targeted commercial area (including areas with unemployment that is 50% of the national average or rural areas). The capital investment may be in the form of cash, inventory, equipment or other tangible assets or cash equivalents that are easily convertible.
The enterprise must create at least ten full-time jobs for qualified US workers, who must be directly employed by the enterprise. The investor is required to actively manage the enterprise.
2. Invest in a regional center
Overview of the physical Project:
The project is a twelve story mixed-use multi-tenant commercial building (approximately 330,000 sq. ft. of which 317,000 sq. ft. is rentable) with an adjacent parking deck that has some 600 parking spaces. As of October 15, 2015 the project is 70% completed and has 90% lease rate with full completion by June 2016.
The first four floors of the building are occupied by the Westin Hotel that has 119 rooms. The remaining floors occupied by office tenants. As of October 26, 2015 the first two tenants, DN and KeyBank, have already moved in.
EB5 Timeline, Process and Conditions:
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