Tapping into the EB-5 Program

Nevada's Captol

While utilizing the EB-5 Program can seem a bit overwhelming and daunting at first glance, its mission is simple: The EB-5 Regional Center Program is a Modern Economic Development Engine.
Since 2008 alone, the EB-5 Program has spurred over $14.6 billion of foreign direct investment into the U.S. economy. The Program utilized globalization to address the need for more flexible and affordable financing for economic development projects throughout the United States. In addition to helping regional projects acquire much needed capital, EB-5 Projects must create U.S. based jobs.

$14.6 BILLION and Growing!

As the overall economy has rebounded since the “Great Recession,” Northern Nevada has begun to establish itself as hub for business growth and entrepreneurship, while technology based companies are streaming to the area with Tesla, Switch and EBay setting the stage. However, some key counties within the State of Nevada are still struggling to reach pre-2008 growth and wage numbers. To address this void, the Nevada State EB-5 Regional Center (NVEB-5), a non-profit regional center, was created to serve three Northern Nevada counties including: Carson City, Douglas County and Lyon County.

These small communities are still plagued by high unemployment rates, low industry diversification, low number of skilled workers and low wages compared to national averages and the metropolitan areas of Las Vegas and Reno. NVEB-5 works to combat these shortfalls through economic development by way of foreign capital investment into qualified new and existing business ventures. In turn, these projects create quality U.S. based jobs which ultimately fuel the future prosperity of these rural Northern Nevada communities.

If you are a company or project developer seeking additional capital, contact NVEB-5 to discuss an exceptional opportunity to grow your business or launch a new venture that creates U.S. jobs.

For more information, contact NVEB-5:

Call: 1.885.498.6360

Or

Email: Admin@NVEB5.org

Source: IIUSA: Invest in the USA

NVEB-5 Sponsored Project Breaks Ground in Carson City, Nevada

The Nevada State EB-5 Regional Center, Inc. (“NVEB-5”), a USCIS-designated regional center under the EB-5 Regional Center Program (the “Program”), is sponsoring a real estate development project in Carson City, Nevada structured to be an EB-5-qualifying project. As the project’s Program sponsor, the Regional Center will review and monitor the Offering to confirm that the Project is in compliance with EB-5 rules and policies. NVEB-5 will be reporting to USCIS when and as required. Each investor will be required to invest a minimum of $500,000, since the Project is located in an existing “Targeted Employment Area.” According to the project’s economic analysis, it will create 42 permanent new jobs, comprised of direct, indirect and induced jobs.

The mixed use project is located in downtown Carson City, Nevada within the geographic designation of the NVEB-5 Regional Center, and broke ground on July 6, 2016. Carson City will soon be graced by a handsome, architectural historically-inspired design staying true to the open, inviting nature that is unique to the community.

The architecture features rich exterior textures and luxurious design details that complement and embrace the style of Nevada’s capital city. Against a stunning backdrop of the Sierra Nevada Mountains, the building’s rich woods, brilliant metals, brick and stone will create a distinctive sense of place.

The complex will be a destination that amplifies the appeal of the soon-to-be-completed pedestrian-friendly Carson City Downtown, which is projected to be completed in the fall of 2017. Conveniently located near majestic Lake Tahoe, Reno and the San Francisco bay area, the project is sure to attract new businesses and residents, and existing businesses looking to expand into the region. The Curry Street Project will help promote downtown revitalization and economic growth for the entire community.