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.