In-Depth Look at an EB-5 Regional Center

What does EB-5 stand for?

The term EB-5 is a United States Citizenship and Immigration Services (USCIS) designation that stands for Employment-Based 5th Category. Under the U.S. immigration law, there are five different categories of immigrating through employment-based avenues, and since EB-5 deals with employment-creation, it’s been designated as the 5th category of Employment-Based methods of immigrating. EB-5 is also commonly referred to as Investor Green Card or Investment Green Card.

What is an EB-5 Regional Center?

An EB-5 Regional Center is defined as a government approved entity, public or private, which is involved with the promotion of economic growth, improved regional productivity, job creation, and increased domestic capital investment. In practical terms, a regional center serves as an entity that companies/project developers affiliate with in order to raise EB-5 capital.

The designation “EB-5 Regional Center” is similar to the concept of licensing; the regional center designation allows projects, which meet specific job creation advantages, to legally access EB-5 capital (foreign capital investment).

The EB-5 Program’s capital is created by foreign investors who invest in an approved company/project developer’s project. The capital investment must create a minimum of 10 jobs for US workers. The investor is NOT personally responsible for creating these jobs, but rather the money invested will allow a company/project developer’s business to create jobs.

Investors are given the opportunity to analyze the business or project itself prior to investment.

The professionals at the Nevada State EB-5 Regional Center are here to provide guidance through the steps of the EB-5 process and are responsible for directing investors to regional projects that are in compliance with the state and federal regulations.

It’s a win-win-win!

  • The Foreign Capital Investors gain legal entry to the US
  • The Domestic businesses receive capital to start or grow their business
  • The local economy gains local jobs

 

For additional information about this outstanding program, please contact the Nevada State EB-5 Regional Center:

Admin@NBEB5.org

Toll free: 855.498.6360

Job, population growth to test Nevada’s infrastructure

With the economy in Nevada rebounding, there is revitalized interest in investing in business opportunities within the Silver State. The recent announcement by Tesla to locate its gigafactory east of Reno is just one example of how Nevada is cutting unemployment and growing its population. In fact, the Economic Development Authority of Western Nevada (EDAWN) is projecting an increase, in the region, of more than 50,000 jobs by 2019.

Last year, EDAWN assisted 34 companies in moving or expanding in Nevada. The statistics are intriguing and even more companies are looking at the advantages of domiciling in Nevada.

Please read the complete article below.

If you are a new or expanding business looking for investors, the Nevada State EB-5 Regional Center provides support services that focus on the growth of both existing businesses and new business ventures through foreign capital investments. For more information about the advantages of becoming an EB-5 approved project, please contact 885.498.6360.

Job growth to test region’s infrastructure says EDAWN
Nevada must get ahead of challenges posed by increased economic activity, population, according to Economic Development Authority of Western Nevada.
Check out this story on rgj.com: http://on.rgj.com/1Joe9ef

Nearly five years after Nevada posted the nation’s highest unemployment rate during the recession, the state finds itself facing the challenges that come with a rebound.

 

Curated from Job, population growth to test Nevada’s infrastructure

 

Foreign Capital Investment – Looking to invest in within the United States.

Investing in the United States provides investors and their family members with an array of personal and financial benefits in one of the most dynamic and desirable locations in the world. People come to the US for many reasons including: virtually unlimited outdoor recreation, exploration, quality of life living environment, good health, and personal growth. In addition to these benefits, the United States offers extensive financial opportunities throughout the country and in virtually any business category.

Many individuals and their families seek to take advantage of the benefits of US residency through the EB-5 Program. This program is designed to assist individuals in obtaining legal entry into the US through capital foreign investment utilizing a stringent United States Citizenship and Immigration Services (USCIS) regulated process.

So what is an EB-5 Program Regional Center?

The simple explanation!

An EB-5 Regional Center brings together:

  1. Foreign Capital Investors – individuals seeking legal entry into the United States thru a stringent program monitored by the United States Citizenship and Immigration Services (USCIS).
  2. Company /Project Developers –entities seeking capital to start or grow a domestic business or project.

Why?

The EB-5 Program works to bring these parties together in an effort to create local jobs.

Sound Interesting? To learn more about the advantages of participating in the EB-5 Program, contact The Nevada State EB-5 Regional Center.

Contact us:

Admin@NVEB5.org

Toll Free: 855.498.6360

Located in Northern Nevada’s beautiful Carson City., The Nevada State EB-5 Regional Center, is a group of knowledgeable professionals bringing together exceptional business ventures and foreign capital investors. Our experienced staff provide company/project developers and investors with easy to understand guidelines for the program and assists participants in navigating the process. 

 

 

IIUSA Closes Second Year Issuing Regional Center Business Journal – IIUSA | Blog

EB-5 is Working! For You! For America!

In 2008, there were less than 20 approved EB-5 Regional Centers in the United States. Today, there are hundreds. The EB-5 Program has grown and evolved since its inception. In efforts to keep EB-5 Regional Centers abreast of vital information on legislation developments, share success stories and promote upcoming events, the Invest In the USA (IIUSA) was created. Founded in 2005, IIUSA is the national membership-based 501(c)(6) not-for-profit industry trade association for the EB-5 Regional Center Program.

The IIUSA provides members and non-members alike with up-to-date information on the procedures, processes and outcomes of the entire EB-5 Program and just released its second Regional Center Business Journal. See article below.

To receive more information on the EB-5 Program, to become an EB-5 approved project or qualified foreign investor, please contact 855.498.6360.

As the industry continues to grow at a rapid pace, IIUSA is proud to serve as the primary resource for EB-5 related information. We’ve worked hard over the past two years to provide consistently high quality content for the Regional Center Business Journal, and hope it serves as a reminder of IIUSA’s commitment to our members and colleagues

 

Curated from IIUSA Closes Second Year Issuing Regional Center Business Journal – IIUSA | Blog

 

U.S. Department of State Publishes FY2014 EB-5 Visa Statistics by Immigrant Origin

As expected, China mainland born investors constituted the majority in EB-5 in FY2014, with 9,128 immigrants, or 85.4% of the 10,692 visas issued plus status adjustments made in the EB-5 category. This number also signifies a 32.4% relative increase from the amount of China mainland born EB-5 immigrants in FY2013, in which they constituted 80.5% of the EB-5 category total. In both years, investing $500,000 in a TEA through a regional center was the overwhelming investment choice for China mainland born applicants, with 95.5% choosing that route in FY2013 and 98.2% in FY2014.

 

for the EB-5 category. The publication breaks-down EB-5 numbers according to visa recipient’s specific country of origin, also offering continental totals. The publication additionally differentiates between the type of EB-5 investment that was made (directly or through a regional center), and whether the investment was made in a targeted employment area, among other data. These numbers offer insight into where and how the EB-5 program is most utilized, and in combination with data from

 

Curated from U.S. Department of State Publishes FY2014 EB-5 Visa Statistics by Immigrant Origin

 

US Dept. of State Statistics on EB-5 Visa Usage

that informs the public of the availability of visa categories for that particular month, that the EB-5 industry was warned that based on then current demand patterns it was likely that the availability of EB-5 visas for investors from China with I-526 approvals (and their spouse and children under 21) would be backlogged due.  The reason for this is a combination of: the total number of visa available annually to all employment-based immigrant visa categories, the number of EB-5 visas available annually, and the per country caps per category once its annual allocation has been exhausted.  With 8,567 of the annual EB-5 visa allocation of 10,000 issued in fiscal year (FY) 2013, the December 2012 warning from State never came to fruition in FY2013.  However, recently reported data from Chief of the State’s Visa Controls Office, Charles Oppenheim, indicates that it is unlikely (absent Congressional action) we can avoid a backlog in availability of EB-5 views to investors and family from China in FY2014.

In just the first couple of months of FY2014, 4,748 EB-5 are spoken for already.  That number is up 50.2% in the same period as last year.  With the prospect of “retrogression” (the technical term for a backlog in visa availability) looming as the EB-5 industry moves toward the 10,000 visa quota, there are several wide ranging implications that IIUSA members should pay close attention to. From an immigration standpoint, the investor’s ability to file for Adjustment of Status or Consular Processing will be delayed as a result of a backlog of I-526 petitions, which would lead to Child Status Protection Act (CSPA) considerations for “age out” situations. For Regional Centers, job creation and capital redemption timelines will be impacted by a lag in visa approvals. Also, such a delay would create issues with funds sitting in escrow, potentially leading to concerns regarding project development and whether the EB-5 capital will be available when needed. From a securities perspective, new risk factors for private placement memoranda (PPMs) would arise as a result of retrogression. Issuers will have to disclose the potential risks associated with the new reality. Lastly, other country’s with immigrant investor programs will use retrogression to compete with EB-5.

 

Curated from US Dept. of State Statistics on EB-5 Visa Usage Indicate Backlog in FY2014 is Likely – IIUSA | Blog

 

Mining: Progress Amid Tough Economics

“Different aspects of the industry are struggling, but our ability to be sustainable is greater now than ever because we’ve learned to be more efficient, to manage the highs and lows,” said Tim Crowley, recently retired president,

 

“Tesla will put a lot of pressure on our school system—from kindergarten to higher education—to produce engineers and a smart workforce,” Crowley added. “We’ll benefit from that as well.”

 

Another bright spot is the potential for mining rare earth elements in the Silver State—terbium, dysprosium, europium, ytterbium and more. An existing deposit in California near the Nevada border suggests those elements are present here.

 

 

Curated from Mining: Progress Amid Tough Economics

 

MPI Report Findings on Immigrant Investor Programs Such as EB-5

The demand for immigrant investor programs that offer citizenship in exchange for financial investments worldwide is growing, as the demand from China and other emerging economies grows. As more countries set up programs, other countries with long-standing ones are questioning the programs’ economic benefits and are looking for ways to increase their impact, reports the Migration Policy Institute in a new report.

, examines the increasing mix of players and types of immigrant investor programs, their policy design, benefits and other considerations. During the past decade, the number of countries with immigrant investor programs has increased dramatically, and about half of all European Union member states now have dedicated routes. Demand has increased as well, with the U.S. EB-5 Immigrant Investor Visa Program, for example, nearing its annual cap of 10,000 visas this year for the first time, after two decades of relatively low uptake.

“Cash-for citizenship” policies have not been without controversy, however, as Malta experienced in 2013. Its plan to sell passports for 650,000 euros (later upped to 1.15 million euros in cash and investments) sparked an outcry in the country — as well as in Brussels, since a Malta passport grants immediate access to EU citizenship.

 

Curated from MPI Report Findings on Immigrant Investor Programs Such as EB-5

 

Bringing Local Businesses and Foreign Investors Together

The NVEB-5 Regional Center (located in Carson City, ) is a unique blend of a non-profit and an approved U.S. Citizenship and Immigration Services (USCIS) organization utilizing industry proven processes and procedures. Principally focused on growth of both existing businesses and new business ventures through foreign capital investment, the Regional Center assists foreign investors in navigating the EB-5 program in which they can become fully qualified to obtain a U.S. Green Card for legal immigration into the United States.

On October 20, 2014, the Northern Nevada Business Weekly interviewed NVEB-5 Administrator, Lynn Beteag on the EB-Program. See article below or click here.

A Carson City program that matches job-creating businesses in need of capital with foreign investors who want a U.S. visa is beginning to fill its pipeline of projects. Nevada EB-5 Regional Center, one of 700 regional centers across the country, works under the umbrella of a federal program established in 1990 to encourage foreigners to invest in the United States. But Nevada State EB-5 Regional Center is one of only two in the country established as a nonprofit, says Administrator Lynn Beteag. And the two agencies that oversaw creation of the EB-5 Center — the Hop and Mae Adams …

 

For more information about the Nevada State EB-5 Regional Center, please contact us.

3 Things Reno Can Expect From Tesla’s Gigafactory – Forbes

Over the past few days, since the project was officially announced on Thursday, state officials have been painting a big picture with their Tesla expectations.

 

New roads and road improvements have popped up all over the South, from Georgetown, Kentucky, home to Toyota’s main U.S. manufacturing complex, to Canton, Miss., the home to Nissan’s big truck plant. You can probably expect tha

 

Curated from 3 Things Reno Can Expect From Tesla’s Gigafactory – Forbes