Archive for month: June, 2015
As the Northern Nevada region clears the carnage of the economic recession, it emerges stronger than ever. Once thought strictly as an entertainment capital, it is slowly blossoming into a technological power house.
With the recent start of construction on the Tesla Gigafactory, other new technology companies are exploring the economic and quality of life benefits Northern Nevada has to offer. In addition to the construction of the new Tesla battery manufacturing plant east of Reno, other recognized companies are exploring the region including: Apple, Dairy Farmers of America, Amazon and the Switch Data Center to name a few.
The recently announced Switch Data Center will provide cloud-based data backup for mega companies such as Ebay and Dreamworks. Currently, its only data center is located in Las Vegas and Switch looks to create a double redundancy system with the addition of the new Northern Nevada facility. Work has begun on the first phase of the $1Billion data center.
Technology based companies/project developers rely heavily on capital to launch new operations, relocate or expand. A powerful tool available to these companies/project developers is the EB-5 Program. As a certified USCIS EB-5 Program, the Nevada State EB-5 Regional Center facilitates local job creation through foreign capital investment into local, approved projects. If you are a Technology based company or supplier interested in joining the Northern Nevada Tech World and require capital, please contact NVEB-5 to discuss how we can assist you.
To learn more about the many benefits of becoming an approved EB-5 Program, contact The Nevada State EB-5 Regional Center at: 885.498.6360 or visit: NVEB5.org.
More Northern Nevada Technology In the News…
We know that one of the major EB-5 Program benefits to Companies/Project Developers in the United States is to create jobs through Foreign Investment. But, how does the EB-5 Immigrant Investor Program benefit the Foreign Investor?
There is no one simple benefit. Instead, the unique blend of benefits and flexibility are numerous, making the EB-5 Immigration Program an ideal option for a number of qualified applicants. Benefits include:
• Retirees who are self-sufficient and want to reside in the United States
• Parents who want a child to study in the United States and obtain in-state tuition
• Foreign nationals who are reaching the 6 year limit for their H-1B visa status
• A foreign national investor in a US business who does not want to be active in the day-to-day operations of the business
• Spouses of permanent residents
• Foreign nationals with an urgent need, or desire, to become a permanent resident
• Foreign nationals who need/want to relocate to a stable region
• Many other foreign nationals who may have no other options for legal status in the United States
Nevada State EB-5 Regional Center is ideal for high net worth foreign investor because:
1. USCIS approval of a project offers a potential investor a level of security.
2. The added benefit of “in direct and induced employment creation” formulation for the EB-5 investor, assisting in meeting the job-creation requirement of an investment.
3. The passive investment-nature of the limited partnership role with the New Commercial Enterprise. The role of a limited partner satisfies the management requirement imposed by federal regulations, while simultaneously relieving the EB-5 investor of responsibility for day to day business operations. As a limited partner, the investor has limited policy-making involvement, yet no day-to-day management authority. Thus, for the vast majority of immigrant investors not interested in management of the business, the EB-5 Regional Center program offers the most attractive investment option.
4. Live anywhere in the US. Another advantage of the Regional Center program is that the investor is not required to live in the same geographic location as the investment. Rather, he or she can live anywhere in the United States.
To learn more about the EB-5 Immigrant Investment Program visit:
USCIS.gov or NVEB-5.org
Or call the Nevada State EB-5 Regional Center direct at: 855.498.6360
704 W Nye Lane, Suite 201
Carson City, NV 89703
Toll Free: 855-498-6360