August 25, 2011
The Florida Regional Center was invited to Veracruz, Mexico to present at an educational EB-5 investment conference. Richard Yellen, an EB-5 expert and United States attorney with the Florida Regional Center, discussed the main benefits of the EB-5 program and the Regional Centers current project, Harbourside Place, near Florida’s Gulf Coast.
The August 25, 2011 conference was directed at investors from the Latin American community who are interested in American investment opportunities. Richard Yellen spoke on the benefits of the EB-5 Program, how to chose the EB-5 Project for you, and how to make a safe and educated decision regarding your investment and green card eligibility.
The EB-5 program allows foreigners to invest in United States, USCIS Approved, projects that stimulate the U.S. economy thus creating much needed jobs for Americans. EB-5 participants will make an investment of $500,000 or $1,000,000 for projects not located in designated Targeted Employment Areas (TEA), into a U.S. project that will create at least 10 jobs for U.S. Citizens. In return, the investor will earn interest on their investment, a full-repayment of their principal and Permanent Residency status in the United States. This can be obtained for yourself, your spouse, and any unmarried children up to 21 years of age. More information on the EB-5 visa can be found here.
The seminar also highlighted the details of the Harbourside Place Project, which is currently being funded by EB-5 investments. The development is currently under construction and is set near the Gulf Coast of Florida by the Atlantic Ocean. The facility will feature an entertainment plaza and outdoor amphitheatre, retail space, restaurants and eateries, professional offices, 4-star hotel accommodations and marina slips. Harbourside Place is projected to create more than 2,400 jobs over the next three years and will provide exceptional economic stimulus for the region.
Following this conference, the Florida Regional Center executive team traveled to Mexico City, Mexico to meet with prospective EB-5 clients. These meetings are held in a one-on-one setting with EB-5 experts and attorneys present to help the prospective clients navigate the EB-5 program and their individual scenarios. The team helped to educate all of the participants in the meetings and were happy to have signed three new clients to invest in the Harbourside Place project. This project is filling up quickly, but there are still some opportunities available.
You can also learn more about EB-5 investments and the Harbourside Place by visiting our webpage. Get updates on where the Florida Regional Center will be presenting their next seminars by subscribing to our blog or following us on Twitter @eb5palmbeach.
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