Presenting a New World of Opportunity - EB-5 … a New World of Opportunity EB-5 Visa Program in...
Transcript of Presenting a New World of Opportunity - EB-5 … a New World of Opportunity EB-5 Visa Program in...
Presenting a
New World of
Opportunity
EB-5 Visa Program in South Florida
Investment in a USCIS designated Regional Center
100% success rate on all previous I-526 petitions
Project offerings qualify for reduced investment of $500,000
Over $45,000,000 in EB-5 capital raised to date
Florida Restaurant Franchise Group Welcome to South Florida!
We are Florida Restaurant Franchise Group (FRFG), a leading team of experienced restaurateurs in South Florida. Our passion for great food and entertainment has been instrumental to our success. The EB-5 Visa program has allowed us to share our passion with our customers and better yet, bring much needed jobs and economic growth to South Florida.
As President of Florida Restaurant Franchise Group, I am ecstatic about the overwhelming success of our restaurants. My team and I are developing nationally recognized franchise restaurants like VooDoo BBQ & Grill and Twin Peaks, which are quickly becoming popular in Florida.
The EB-5 investors have already fully funded the first phase of the VooDoo BBQ & Grill expansion in Florida,
with 2 locations already fully operational.
Our rapid expansion of VooDoo BBQ & Grill and Twin Peaks is credited to the unique concepts of both brands, offering customers a different approach to dining.
VooDoo BBQ & Grill is a New Orleans restaurant franchise, serving mouth-watering barbecue in Cajun Creole and Caribbean spices. While, Twin Peaks offers a mountain sports lodge ambiance and provides boldly flavored comfort food enjoyed by customers across 13 states and soon to open in South Florida.
I welcome the opportunity to share my success with you and let you experience the delicious food our customers love nationwide!
Joe Sloboda, President and Director of Operations
The EB-5 Regional Center Program
Quickest Way to Obtain Permanent U.S.
Residency for you, your spouse and all
unmarried children under the age of 21
Direct Pathway to U.S. Citizenship
Currently No Quota or Waiting List for the EB-
5 Program
Lower University Tuition Costs for Students as
U.S. Resident
Live and Work in any part of the United States
Travel To and From more than 160 Countries
without Limitations or Restrictions as a U.S.
Resident.
No Need for Sponsor
Not Required to Speak English
No Minimum Education Required
No Direct Management
Responsibilities
Required Student loans provided by
U.S. Government to U.S. Permanent
Residents, otherwise not available to
F1 Student Visa holders
The EB-5 Regional Center Program allows eligible aliens the opportunity to become lawful permanent U.S. residents by investing $500,000 into a qualified EB-5 project in a USCIS designated Regional Center and create at least 10 permanent American jobs per individual investment.
Most Regional Centers are located within a “Targeted Employment Area” which is an area that, at the time of investment, is a rural area or an area experiencing unemployment of at least 150 percent of the national average rate.
As such, the EB-5 Regional Center Program is one of the most flexible immigration programs in the world, allowing foreigners to gain permanent United States residency for themselves, their spouse, and any unmarried children under the age of 21, through their EB-5 investment.
Created in 1990, the EB-5 program has contributed more than $1.5 billion into the U.S. economy and has resulted in the realization of American dream for over 2,000 foreign immigrants in the last year alone. Below are some of the benefits enjoyed by the EB-5 investors:
Presenting a New World of
Opportunity and helping promote the region to the international community.
Advantages of the Palm Beach Regional Center
Previous Approvals: Previous EB-5 Projects within the Palm Beach Regional Center have received close to 80 approvals on the I-526 petitions. A total of 5 EB-5 projects have already been sponsored by the Palm Beach Regional Center. Attractive Minimal Participation Levels The Palm Beach Regional Center allows foreign investors to invest in prearranged programs at two levels of investment - $500,000 in more than forty county-wide locations that have unemployment at 150% or more of the national average. Desirable Location Although EB-5 investors are free to live anywhere in the United States they wish, those interested in participation will find a great satisfaction in making their home in one of America’s most desirable locations.
Palm Beach Regional Center
Palm Beach Regional Center is approved by USCIS to operate in the Florida counties of Miami/Dade, Broward, Palm Beach, Martin, Port St. Lucie, Indian River, Hendry, Okeechobee and Charlotte. It is a great place to discover the wealth of opportunity that exists in the United States. Here in the center of the Western Hemisphere is a blossoming international business capital, already recognized for its magnificent climate, gorgeous beaches and golf courses, as well as its famous real estate.
The region is blessed with numerous high-growth industries, such as bioscience and aquatech, and its rich multiculturalism makes it a comfortable destination for tourists and business people from all over the world. As the region evolves into a global gateway, a bounty of opportunities are constantly emerging.
The Palm Beach Regional Center presents an opportunity to consider investment in a variety of different projects. These projects are carefully vetted and selected upon the basis of their ability to meet stringent criteria while meeting EB-5 standards in creating employment.
The Palm Beach Regional Center is operated by Palm Beach Investment and Finance. It was established in 2008 with the intent of developing local industries, creating jobs and economic growth for the region,
EB-5 Visa Program in South Florida
Investment in a USCIS designated Regional Center
100% success rate on all previous I-526 petitions
Project offerings qualify for reduced investment of $500,000
Over $45,000,000 in EB-5 capital raised to date
EB-5 Project Structure Florida Restaurant Franchise
Group EB-5 Projects are
administered through the Palm
Beach Regional Center – a
USCIS approved and federally
designated Regional Center. The
projects are located in cities like
Miami, Fort Lauderdale and
West Palm Beach, which are
some of the most wealthy and
important economic areas of the
United States. All of the
development sites have been
certified and designated as
being located in a “TEA” zone,
therefore qualifying for the
$500,000 investment
requirement.
FRFG projects are typically
structured in the form of a loan,
for a period of 5 years. The loan
will be used for the acquisition,
construction and operation of
the restaurants. In some cases,
the investment is backed by real
estate and typically has the first
lien on all assets of the business.
During the course of the loan,
the investors receive a fixed
interest rate payment, which is
accrued annually. The
distribution of typically 2% is
paid every 6 months.
Once the conditions on the
green card have been removed
and the loan has reached its
maturity, the developers would
then refer to the available
sources to repay the loan to the
investors. For example,
operational profits accrued
during the years of operation
may be used. Other options
include the refinancing of the
loan or ultimately the sale of the
restaurant and the sale of the
proceeds used to repay the loan.
VooDoo BBQ & Grill New Orleans Style Barbecue
Taste the Magic!
Since 2002, VooDoo BBQ & Grill has
become a nationally recognized
restaurant and is poised to become one
of the largest barbecue restaurant
franchises in the country. VooDoo BBQ
currently has 54 operating and licensed
locations and development sites in
Louisiana, Texas, Mississippi, North
Carolina, South Carolina and Florida
with additional plans in place to expand
into Georgia, Alabama and Washington,
D.C.
VooDoo is known for world-class and
mouth-watering barbecue, which begins
with the finest premium quality
ingredients and paired harmoniously
with the perfected smoke meats in a
blend of Cajun Creole and Caribbean
spices.
Previous EB-5 Success:
In 2012, Florida Restaurant Franchise
Group fully funded the first phase of the
VooDoo BBQ & Grill expansion in
Florida. A total of 10 EB-5 investors
participated in the project and have
received 100% approvals on their I-526
petitions. The first phase has already
opened 2 VooDoo BBQ locations in
Kendall and Pembroke Pines, with two
more stores set to open before the end of
2013 in Fort Lauderdale and Hollywood.
Combined, the restaurants will create a
total of 175 full time jobs, which is 75%
more than needed to meet the EB-5
Program jobs requirement.
Unlike many other EB-5 projects in the
country, the development of our
restaurants is not dependent on EB-5
funds in order to begin operations. FRFG
will proceed with the development with
or without the EB-5 investors.
Why choose Florida?
Florida is the 4th largest state in the
United States. The EB-5 projects offered
by Florida Restaurant Franchise Group
are located in the southeastern region of
the United States.
Because of its year round warm weather
and extensive coastline, the State of
Florida is a very popular place to live and
enjoy recreational activities. The Miami
metropolitan area is the largest
metropolitan area in both Florida and
the Southeastern United States.
Tourism and trade are the two largest
driving economic forces in this market,
with more than 60 million tourists
visiting the area each year.
Florida has enjoyed substantial
migration of wealthy individuals to
metropolitan areas, as prime waterfront
real estate became available at attractive
prices, and because Florida is one of the
seven US States that does not impose a
personal income tax.
VooDoo BBQ & Grill Grand Openings 2013
VooDoo BBQ & Gill - happy customers at the May 2013 opening.
- Grand opening of Pembroke Pines location in January 2013.
- Jack Flechner at the May 2013 Grand Opening of VooDoo in Kendall, FL.
Twin Peaks EATS DRINKS SCENIC VIEWS
Twin Peaks Restaurant has been nationally
recognized with multiple awards and is quickly
becoming one of fastest growing restaurants in
the United States. Founded in 2005, Twin
Peaks Restaurants meet the needs of an
untapped market.
The restaurant offers a mountain sports lodge
ambiance and provides boldly flavored comfort
food enjoyed by customers across 13 states.
Since opening of the original location near
Dallas, Twin Peaks now operates 33 restaurants,
with plans to unleash 17 more by the end of 2013.
The success of the franchise is simple – cold draft-
beer from up to 24 taps, house-made food, state-of-
the-art TV’s and most importantly, friendly and
beautiful Twin Peaks Girls.
The Twin Peaks Restaurant brand scored a 2010
"Hot Concept!" award from the trade magazine
“National Restaurant News”.
Growth Map of Twin Peaks
THIS “HOT CONCEPT” IS COMING TO FLORIDA
In the summer of 2013, Twin Peaks opened
its first Florida restaurant in Orlando. Now
there are plans to open more than 25 Twin
Peaks restaurants across the state over the
next 10 years. Jack Flechner and his team at
Florida Restaurant Franchise Group have
exclusive rights to develop the brand in
South Florida.
Cities like Miami, Fort-Lauderdale and
Palm Beach are top cities for tourism and
Florida Restaurant Franchise Group is
taking full advantage of this amazing growth
opportunity in developing the Twin Peaks
franchise brand.
How long does the EB-5 application process take?
The life cycle of an EB-5 based petition is divided into two parts – the approval of the I-
526, and the actual adjustment of status or consular processing. The initial part, which is
the processing of the I-526, can take from 3 months to 12 months. The approval of the I-
526 is a crucial part of the petition, as USCIS evaluates, at this time, whether the EB-5
investment follows the guidelines imposed by law.
What is “lawful source of funds”?
In order for the EB-5 investor to become a US legal resident or green card holder, the EB-
5 investor must be able to show to USCIS that the capital invested in the job-creating
entity was obtained through lawful means. Income tax returns, evidence of acquisition
and sales of property (in the US and abroad), and evidence of gift of funds are among
some of the documents your immigration attorney will likely request in order to establish
that the capital invested was earned through lawful means.
What happens if the investor’s green card is denied?
Since investors are fearful that they will lose their money if their green card application
(I-526) is denied, we have established a 100% refund policy of all investment funds and
applicable fees. To further assure approval, we have employed the services of some of the
most experienced EB-5 attorneys in the country to review each investor’s petition before
it is submitted to USCIS to help assure a streamlined approval process and reduce the
chances for a denial. Please reference all offering documents for complete explanation of
refund policy.
What is your experience with developing and running a franchise?
Florida Restaurant Franchise Group has a combined 30 years of success in running
various national franchise operations. Most recently, Joe Sloboda and his team developed
and operated the fast food concept of Five Guys Burgers and Fries in the greater Miami
area. Five Guys has been one of the fastest growing restaurant chains in the United States
and has approximately 900 stores. The location ran by Mr. Flechner in Miami Beach, was
in the top 5 highest-grossing stores in the country.
Frequently asked questions Below are some of the most commonly asked questions regarding the EB-5 Visa Program and
the projects offered by the Florida Restaurants Franchise Group. For additional information,
please contact Florida Restaurant Franchise Group directly at [email protected]
Florida Restaurant Franchise Group www. eb5restaurants.com
THIS MATERIAL IS INTENDED FOR GENERAL INFORMATION PURPOSES ONLY. THIS IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES. ANY OFFER OF SECURITIES IN ANY SPONSORED FLORIDA RESTAURANT FRANCHISE GROUP PROJECT MAY ONLY BE MADE PURSUANT TO A WRITTEN OFFERING MEMORANDUM AND ANY SALE OF SECURITIES IN SUCH PROJECT SHALL BE EVIDENCED BY A SUBSCRIPTION AGREEMENT EXECUTED BY THE POTENTIAL INVESTOR. THE UNITS WILL BE OFFERED AND SOLD (i) OUTSIDE OF THE UNITED STATES IN RELIANCE ON REGULATION S UNDER THE SECURITIES ACT AND (ii) INSIDE THE UNITED STATES UNDER THE EXEMPTION FROM REGISTRATION PROVIDED BY SECTION 4(2) OF THE SECURITIES ACT AND REGULATION D PROMULGATED THEREUNDER AND OTHER EXEMPTIONS OF SIMILAR IMPORT PURSUANT TO THE LAWS OF THE STATES AND JURISDICTIONS WHERE THE OFFERING WILL BE MADE. NO OFFER TO SELL OR SOLICITATION OF AN OFFER TO BUY UNITS MAY BE MADE IN ANY JURISDICTION IN WHICH, OR TO ANY PERSON TO WHOM, IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR SALE.
FRFG
2149 North Commerce Parkway,
Weston, FL33326
Tel: +1 (954) 727-9800
Fax: +1 (954) 727-0303