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EB-5 News Archive for June, 2012
On June 20th 2012, Fred Burgess, Managing Partner at Exclusive Visas and Renata Castro, Project Manager at Exclusive Visas, escorted a group of prospect Brazilian Investors on a visit to the Princeton Baptist Hospital in Birmingham, Alabama.
The project, which is currently being offered under the EB-5 Regional Center Pilot Program as part of Sunbelt Regional Center’s project portfolio, comprises a US$ 57 million dollars expansion and remodeling of Princeton Hospital. The project will replace all 14 operating rooms with 16 news rooms, replace all 6 endoscopy suites, replace and expand all pre- and post –operative support areas, replace and expand instrument processing/sterilization department, replace the chapel and replace and improve waiting areas and lobby.
Princeton Baptist Hospital has successfully operated in the Birmingham area for the past 90 years, and is considered an excellence center for Cardiac and Vascular care.
“This EB-5 capital raise is a great example of how EB-5 Regional Center Pilot Program can benefit US communities through job creation”, said Fred Burgess.
Curtis James, CEO of Sunbelt Regional Center, has released data that shows that the EB-5 project will be responsible for generating over 1000 direct and indirect jobs.
The investor group from Brazil was impressed with the progress in the EB-5 project, and solidity of the group
behind the development. The expansion is scheduled to open July 27th, 2012, with the first procedure already scheduled for late August 2012.
Exclusive Visas thoroughly researches all Regional Center projects in the United States, and endorses only those projects that meet our rigorous standards. When you hire Exclusive Visas, we hold your hand from the moment you begin considering which Regional Center program to invest in, until the day you receive your permanent green card. You will be assigned a personal concierge to liaise between your Immigration Attorney, and the Regional Center throughout the entire process.
Exclusive Visas will start offering Webinars to foreign investors looking to learn more about EB-5 and its benefits. This Webinar will take the investor through the different steps of the EB-5 petition, time frames and other aspects of the EB-5 process. See dates
The concise and objective curriculum gives the investors the knowledge to make better decisions related to the selection of the various professionals involved in the EB-5 process, along with clarification of the Regional Center EB-5 Pilot Program. As we are in the eve of the sunset of the program, September 30, 2012, investors will also be educated in the implications of said date and dates to be aware of when planning for their EB-5 petitions.
Exclusive Visas has been involved in over 300 successful investor petitions, coming from the most various countries. Brazil, Iran, India, China, Vietnam, Thailand, Russia, Canada, Mexico, Venezuela, and Nigeria are a few of the countries from where we have worked with investors from. Exclusive Visas’ team of attorneys, economists, finance professionals and project managers possess the combined set of skills and knowledge needed to empower investors in the EB-5 process, which can be a daunting and scary process to undertake on one’s own.
The webinars will be held at different time and schedules to accommodate your different availabilities.