EB-5 Regional Centers to showcase projects at the IREX residency and citizenship conclave
The EB5 Visa Program is an investment-based visa program offered by the US government that offers a path to permanent residency in the U.S to foreign investors who make significant investments in the U.S. that as a result create at least 10 permanent jobs in the U.S. economy.
EB-5 Visa Program was launched in 1990 that enable foreign investors to obtain a U.S. Green Card by investing in a business or real estate project that creates jobs for the U.S. economy and leads to growth in the USA. The New EB5 Investment visa requires a minimum investment of USD 800,000 in an EB5-approved real estate project, fund or business in the United States.
Ignacio Donoso, Esq., Managing Attorney of the award-winning immigration law firm, Donoso & Partners, confirms the uptick in interest in the U.S. EB-5 immigrant investor program: “The EB-5 regional center program was re-started in March of 2022, bringing both new rules and new opportunities. Our firm has witnessed a massive interest from Investors from India who have become more frequent users of the EB-5 programme because the new rules provide tangible improvement in comparison to nearly all other employment-based residency options which are subject to a long visa waitlist.”
Leading regional centers such as U.S. Immigration Fund, CMB Regional Centers, EB5 United, Peach Tree Group, EB5 Capital, EB5 Energy, FirstPathway Partner are showcasing their EB5 projects and investment options at the upcoming edition of IREX Residency & Citizensip Conclave 2023, New Delhi. The show will have participation from leading EB5 Law firms such as KLD LLP, Donoso & Partners LLC to answer your questions pertaining to the legalities of investing in EB5 for Indian Investors. An EB5 Experts panel discussion will also take place during the Conference on the first day of the show to discuss why investing in the EB5 program is ideal.
According to Nicholas Mastroianni III, President & CMO of U.S. Immigration Fund “U.S. Immigration Fund is honored to once again participate in IREX 2023 in Delhi. We eagerly anticipate forging valuable partnerships during this event and are proud to stand alongside numerous industry thought leaders. Our shared vision is to guide aspiring investors through the EB-5 visa process, paving their way to becoming U.S. residents.
In addition, we are thrilled to announce our industry-leading financing program, specifically designed to make the EB-5 program more accessible to investors throughout India.”
EB5 Regional Centers participating at IREX will be showcasing both urban as well as rural EB5-approved investment projects. “3-11 month processing times in rural designated projects has shaken the EB-5 industry. EB5 United’s recently completed One&Only EB-5 raise now has more than 35 I-526E Petitions approved, with the average time to approval at 6 months. At EB5 United, we have sought after the top rural development projects in the US since Congress indicated a shift that way in 2019. Now, we are excited to bring our two rural EB-5 offerings to Delhi.” Says Brennan Sim, Global Sales, EB5 United.
Peachtree Group, an investment firm with a rich history of driving growth through a diverse portfolio of commercial real estate assets will also be participating at IREX 2023, New Delhi. “With a focus on real estate acquisition, development, and lending, Peachtree Group manages over $2.5 billion in equity, augmented by services designed to protect, support, and grow our investments,” says Wendy Zhu, Director, EB-5 Investor Relations, Peachtree Group.
The EB-5 investor visa program provides an opportunity for foreign nationals to earn a permanent visa (Green Card) to live and work in the United States providing a path towards US citizenship. Witnessing the growing traction of the US EB5 Investor Visa Program, India is now the second-largest market for EB5 in Asia.
“CMB Regional Centers has been a trusted leader in the EB-5 program for over 25 years. CMB has assisted over 6,000 investors in pursuing their US immigration goals. CMB consistently offers some of the best EB-5 investment opportunities available. CMB is a proud IREX sponsor as the IREX team tirelessly brings together some of the best speakers and panelists addressing the most important topics in the global immigration by investment industry. We at CMB look forward to connecting with you in Delhi and working to assist you in achieving your immigration goals.” Says Matt Hogan, Vice President of Project Development, CMB Regional Centers.
The 15th edition of IREX will be held on 27th and 28th October, 2023 at Le Meridien, New Delhi. The show is a unique platform that offers various options and prospects of international real estate investment, residency and citizenship across the world. The conclave will bring together international real estate companies, residency and citizenship consultants, legal consultants, government bodies, property developers and other stakeholders from all over the world, under one roof.
The conclave’s focus is on international real estate and immigration by investment and will have participants from over 18 countries viz. Dubai, Canada, UK, Portugal, Greece, Cyprus, Malta, Spain, Austria, Germany, Turkey, Caribbean, Vanuatu and EB5 companies from USA that offer real estate investment or residency/citizenship by investment options. The projects and programs showcased will have an investment size of Rs 2 crores onwards.
(Press Release)
