Immigration
Qualifications
Two Teriyaki Madness Restaurants in a Targeted Employment Area (TEA) for $800,000
Select from great locations chosen by our experts in pre-approved TEAs designated by the Department of Workforce Development to qualify for a $800,000 EB-5 investment.*
Job
Creation
As the only investor in the project you get the first allocation of jobs, in fact you claim all the jobs. No waiting in the jobs allocation queue to see if there will be jobs leftover for later investors. All of the jobs are credited to you.
· Unemployment rate of at least 150% of the national average rate, · Outside a metropolitan statistical area or the outer boundary of any city or town having a population of 20,000 or more
Completion Risk
The regulations governing the EB-5 program require that your business become operational. In a traditional EB-5 model, multiple investor funds are pooled together to form the business. If the regional center fund manager doesn’t find enough investors, the business may not have sufficient capital to open. Under the Own My EB-5 model there is never a shortfall of EB-5 investors. The only investor needed to open your stores is you!
Bridge Financing
Many regional center fund managers claim to have solved the problem of completion risk with bridge financing. Under the traditional loan model, a project may use interim temporary bridge financing prior to receipt of EB-5 immigrant investor capital. Typically bridge financing is allowed, however if USCIS finds that EB-5 was not contemplated prior to acquiring the original temporary financing or that the financing was not short-term, your investment may not qualify for an immigration benefit. Under the Own My EB-5 model there is never a need for bridge financing because you control your destiny.
Redeployment
The regulations governing the EB-5 program require that immigrant investors maintain their capital investment “at-risk” over the two years of conditional permanent residence. Since 2015, investors born in several countries have been subject to a wait for visas, and USCIS processing times have increased, which lengthens the time your funds must be maintained in the business. In recent years, traditional EB-5 offerings, which loan the funds to businesses, have faced issues when the borrower sells or refinances the business and repays the EB-5 investment before the investor has met their immigration requirements. The regional center fund manager then redeploys the EB-5 funds and invests them “at risk” into a new business. Under the agreements they may be able to do this without your vote. They may select a financially risky project or even worse USCIS may find this redeployment to be non-qualifying, risking your immigration benefit. Under the Own My EB-5 model your funds stay in your restaurants. You are not reliant on the decisions of a 3rd party owner of your project, because you are the owner of your project.