Put Your Eb5 Green Card To Work In A Southern California City That Needs Assistance
Like any other Regional Center, this one requires that you invest $500
,000 in a new company, or increase the net worth of an existing company by 40 percent. You must also gain jobs for at least ten U.S. citizens or approved immigrant workers. The company behind the Imperial Regional Center, Pacificland International Development, Inc., or PID, has high hopes for the area that you will be assisting them with once you receive your eb5 green card.
Your money will help the economy of the Targeted Employment Area inside the Heber region. The opportunities available through the Imperial Regional Center mainly involve retail. The objective is to boost the economy through six industries, including wholesale shopping areas, retail shopping centers, dining locations, hospitality centers, entertainment complexes, and performance venues. Your investment will assist in developing, operating, and managing these new businesses in Imperial County.
Heber is an unincorporated Targeted Employment Area within Imperial County. It has this title due to its rural status and higher than average unemployment rates. If you agree to put your investment to work here, you will not need to directly hire ten new employees. Instead, you can show that your new business indirectly resulted in the hiring of at least ten people, whether you participated in the hiring process or not.
In order to get your eb5 green card at the Imperial Regional Center, you will need to show U.S. Citizenship and Immigration Services, or USCIS, a copy of your approval letter once your funds have been verified. Additionally, you will need the center's business plan for its project, the method in which you will create ten or more jobs, limited partnership agreement, subscription agreement, and escrow agreement. In order to stay in good standing, the Imperial Regional Center will need to monitor and record its activities and those of its immigrant investors, so be prepared to help document how your investment is a benefit to the area.
At this Regional Center, you will focus on providing the area with businesses related to retail, restaurant, entertainment, hospitality, and cultural interests. This might include parks, recreational areas, lighted walkways, shopping centers, movie theaters, parking structures, hotels, bars, art galleries, outlet stores, outdoor stages, rivers, and more. Overall, your job could include anything that will benefit the area and help it prosper, so be sure to include such objectives in your business plan to get your eb5 green card.
by: Lisa Goldberg
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Put Your Eb5 Green Card To Work In A Southern California City That Needs Assistance Anaheim