What EB-5 project strengths should you look for? As the popularity of the EB-5 Program increases year after year, more and more individuals are rushing to make their business project an "EB-5 project."
With so many options now on the market, what are the major EB-5 project strengths to look for?
These are 15 major EB-5 project strengths to look for:
• Affiliation with a regional center;• The EB-5 project and regional center team's reputation• History of experience with in the specific project industry• The regional center needs a strong business plan (that meets Matter of Ho requirements) and a strong marketing plan• Familiarity with the EB-5 Program requirements• Transparency and project team's willingness to keep the investor up-dated consistently• A project that already has investors (try not to be the first or last investor on a project)• USCIS EB-5 Program compliance• USCIS approval (project pre-approval with the regional center's I-924 is better) and regional center designation• Thorough job (direct & indirect) creation methodology• Job creation buffer to ensure job creation estimates will be met• Market return rates on investments• Targeted Employment Area (TEA) project location• Project location must possess strong economy (such as major cities like New York City, San Francisco, Los Angeles, Miami, Las Vegas, or Seattle)• Strong exit strategy for each investor (and one that is not dependent on other investors)For more EB-5 due diligence questions, consult an experienced and knowledgeable EB-5 immigration attorney.