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Washington state has many EB-5 regional centers

July 15, 2010 @ 10:25 pm
Posted by Exclusive Visas

Washington state has many EB-5 regional centers While California may hog all the headlines when it comes to EB-5 regional centers, another state on the West Coast also has a number of the centers, which are essential to the EB-5 visa program.

Washington, the northwest corner state of the continental U.S., has the third most EB-5 regional centers of any state, with seven. The Evergreen State trails only California and Florida in terms of quantity.

The EB-5 visa program gives foreign nationals a chance to earn a U.S. green card; if they invest $1 million (or in some designated areas, $500,000) in an American business and that investment leads to the creation or preservation of 10 jobs then the investor becomes eligible for a green card.

EB-5 regional centers can be private entrepreneurs, corporations or government agencies and were created to help and direct EB-5 funds and to call foreign nationals’ attention to certain EB-5 investment opportunities.

Those who want to invest in an EB-5 regional center in Washington state can do so in a number of different industries including real estate development and assisted living facilities for the elderly.

One Response to “Washington state has many EB-5 regional centers”

  1. Hank Mccurdy says:

    I am developing a 109 unit apartment complex in the Vancouver Wa. suburban market and need an investor with $1,000,000. It is a $12.5 million project and should be stabilized in about 2 years at which time the investor can be taken out with the permanent loan, or remain in the deal.

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