What is EB-5?
EB-5 is an abbreviation for the United States Citizenship and Immigration Services’ 5th category of Employment Based visas, also known as the Immigrant Investor Program.
The EB-5 Program grants Green Cards to foreign nationals who make an investment that meets certain requirements set forth by the U.S.C.I.S., giving investors and their immediate families the opportunity to LIVE in the United States of America and apply for citizenship after holding a Green Card for only five years.
What is a TEA?
TEA is the U.S.C.I.S. abbreviation for Targeted Employment Area. A Targeted Employment Area is an area that has an unemployment rate of at least 150% the national average at time of investment or is a rural area that lies outside the boundary of all metropolitan statistical areas and any city or town with a population of 20,000 or greater.
TEAs allow you to invest with only $500,000
Why do they matter?
TEAs are important because they accomplish two things:
- They allow an investor to start their EB-5 Visa Program journey with $500,000 instead of the usual $1,000,000 dollars.
- It helps the targeted employment area’s economy by creating jobs and tax revenue that the area wouldn’t normally generate on its own.
Most investors wanting to immigrate to the U.S. through the EB-5 visa program usually have to invest $1,000,000 dollars. However, it is possible to immigrate to the U.S. through the EB-5 program with only an investment of $500,000 dollars. The reason investors are able to do this is that the project is located within a targeted employment area, or TEA.
Requirements & Costs
EB-5 Investments must be made where:
- The funds are at risk of loss
- Create 10 new American jobs for 24 months
- Be from legal sources
to comply with the requirements established by the United States Department of Immigration. The United States Department of Immigration requires that EB-5 investment be at least $1 million, except for in approved TEAs where the minimum amount except for in approved TEAs where the minimum amount is $500,000. This does NOT include administration and legal fees.
Approved Regional Center - more confidence
EB-5 Florida Real Estate Regional Center is a U.S.C.I.S. approved Regional Center in Central Florida specializing in equity real estate investments.
Regional Center status removes another variable from the EB-5 process. Approved Regional Center projects have already been reviewed by the USCIS and approved for EB-5 investments, so denial of the visa only occurs if the funds cannot be verified as being from a legal source or if the applicant is a criminal or terrorist.
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EB-5 CCWO Project Brochure
Everything you need to know about City Center West Orange as a project, Orlando as a City, and your EB-5 Investment.
Our comprehensive EB-5 Brochure will explain every step of the process, as well as provide answers to your questions.