Michigan EB-5 regional center reps meet with potential investors
Since being approved as an EB-5 regional center earlier in the year, representatives from central Michigan’s investment lure, known as Regional Center: EB-5 MRC, have been meeting with potential investors in China to help bring in funding and job opportunities for nine state counties.
Ken Kousky, CEO of the enterprise, suggested that a deal is in the works to secure investment and begin new projects later this year, Midland Daily News reports.
“We have met with several qualified investors,” he told the news source. “They have told us they’re looking for low-risk investments, that they’re interested in extending their business interests in the U.S. and that they’re seeking to complete the immigration process.”
He added, “These are all things with which we can assist them through the EB-5 program.”
As an EB-5 Regional Center, Kousky’s venture is authorized by the U.S. federal government to collect foreign capital for targeted investment in central Michigan. In return, investors are eligible for an expedited process to secure a U.S. green card.
Nationally, EB-5 investment opportunities have produced more than $1 billion in capital and created more than 2,000 U.S. jobs.