Congress created the EB-5 program in 1990 to benefit the U.S. economy by attracting investments from qualified foreign investors. Under the program, each investor is required to demonstrate that at least 10 new jobs were created or saved as a result of the EB-5 investment, which must be a minimum of $1 million, or $500,000 if the funds are invested in certain high-unemployment or rural areas.
In 1992, Congress enhanced the economic impact of the EB-5 program by permitting the designation of Regional Centers to pool EB-5 capital from multiple foreign investors for investment in USCIS-approved economic development projects within a defined geographic region. Today, 95 percent of all EB-5 capital is raised and invested by Regional Centers.
What the Minority Chamber of Commerce is doing:
- Facilitates and Secure investment in job-creating economic development projects by pooling capital raised under the EB-5 immigrant investor program with qualified investors from Latin America, the Caribbean, Middle East and Europe.
- We create our own structures offerings that allow foreign investors the opportunity to receive green cards under the U.S. Government’s EB-5 program and L1A Visa. We have a unique expertise in creating opportunities that do not involve regional centers, but offer all of the benefits of a scaled organization without the negatives in the majority of applications.
- We create our own economic analysis models, including those developed by the U.S. Department of Commerce, to demonstrate that job creation targets required by law have been achieved and will be effective. For investments made through the Chamber Economic Development Center, at least 10 direct, indirect or induced jobs must be created for projects.
- Identify investment opportunities that will create jobs in local communities, often by our economic community center : The Minority Chamber of Commerce Foundation
- Assist in marketing those investment opportunities to investors from around the world, particularly to assure transparency in the project with the appropriate business plan
- Ensure and prepare documentation that the investment offering complies with federal and state securities laws and SEC regulations as well as specific EB-5 requirements, for 1 million or $500, 000 projects.
- The Minority Chamber of Commerce Foundation coordinate all background , due diligence and coordination with U.S Securities Law & Exchange commission, state regulators and other federal authorized federal agencies in all investment offerings made by EB-5
- Is necessary to clarify to any Investments made through the U.S. EB-5 program must be “at risk” in the same way that investments in stocks or equity funds carry an inherent risk. There is no guaranteed financial return but all projects will be consistent in the best interest of the investors.
- We want to inform that for any application is approved by USCIS, EB-5 investors receive a conditional visa that is valid for two years. In order to receive a permanent visa, these investors must demonstrate that the legally required economic benefits flowing from their investments have been achieved.
For more information and process for interview : [email protected] 786.260.1965