Louisiana presents many EB-5 investment opportunities
While Louisiana has been hard hit by the Gulf oil spill, the state still presents a great deal of EB-5 investment opportunities.
According to the U.S. Citizenship and Immigration Service (USCIS) there are three EB-5 regional centers in the Pelican State.
The three EB-5 regional centers, the Gulf Coast Funds Management Regional Center, the New Orleans’ Mayor’s Office Regional Center and the Louisiana-Mississippi Regional Center, offer an assortment of EB-5 investment opportunities.
Such EB-5 visa program staples as mixed-use real estate development are available, but there are a number of unique EB-5 investment opportunities as well. The Gulf Coast Funds Management Regional Center lists shipbuilding as one of the industries upon which it focuses and the other two regional centers in Louisiana are involved in the harbor facilities sector.
The EB-5 visa program was created in 1990 to help American companies gain access to foreign capital. If foreign nationals invest $1 million (or in some designated areas, $500,000) and that investment leads to the creation or preservation of 10 jobs then the investor becomes eligible for a U.S. green card.
EB-5 regional centers were established to help better direct and manage such foreign investment.