Anatomy of EB-5 Investment - SDEB5

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Transcript of Anatomy of EB-5 Investment - SDEB5

fifth employment based preference for US visas Now lets look at a sample san diego EB-5 investment

Developer has identified a site located in a TEA area: 150% national average developer can accept $500K per 10 jobs created by the project October 2014: 5.8% needs to be 8.7% or above East village: ranges from 11% - 15.9% Plans to build offices, apartments and retail using EB-5 funds. This is when we get involved.

We would meet with the developer, evaluate the project for EB-5 program: eb-5 due diligence economic analysis - job creation eb-5 business plan ppm and investor offering, organization of entities. SAN DIEGO development corp. is a separate entity usually a Limited partnership made up of the investors and projects owners...essentially acting as the lending company to the project (NCE)

Since it’s in a TEA - amount is lowered to $500,000 per investor using immigration attorneys, international brokers and presenting at conferences just like this. Mexico, Venezuela, UK, South Korea, China, Taiwan

now that the investors have been identified funds are placed into an escrow account pending I-526 approval I-526 means actively investing $500,000 into job creating project submitted to USCIS with EB-5 BP and supporting docs...once approved funds can be deployed in to the project. the investor applies for a 2 year conditional green card I-485

Funds are deployed, 24 month later project complete and 80 investors have 80 green cards Within 3-5 years the Investors are repaid their $500K with interest and have their Green Cards for themselves, their spouses and any children under 21.

A new commercial enterprise is defined as any for-profit activity formed for the ongoing conduct of lawful business including, but not limited to: ●  A sole proprietorship ●  Partnership (whether limited or general) ●  Holding company ●  Joint venture ●  Corporation ●  Business trust or other entity, which may be publicly or privately owned

Family = spouse and children under 21 at time of petition.

USCIS Immigration and Citizenship summary data. Experts anticipate processing time will slowly decrease over the next fiscal year as the Immigrant Investor Program Office (IIPO) reaches its staffing goals. Despite this increase in I-526 Petition processing times, USCIS has actually greatly increased its activity on I-526 Petitions. In July 2013, USCIS took 300 actions on I-526 Petitions. In July 2014, USCIS took 1,200 actions. Another factor affecting processing times is the increase in receipts of I-526 Petitions. In the first eight months of the calendar year 2014, USCIS received approximately 8,000 I-526 Petitions and 1,200 in July 2014 alone. http://www.uscis.gov/tools/reports-studies/immigration-forms-data I-526 processing time worry because may age out children. Recommend submitting ASAP. 18 is the new 21