Tri-Cities Investment District EB-5 Regional Center A Foreign Investor Program. In the States of Washington and Oregon

Size: px

Start display at page:

Download "Tri-Cities Investment District EB-5 Regional Center A Foreign Investor Program. In the States of Washington and Oregon"

Domenic Merritt
6 years ago
Views:

1 Tri-Cities Investment District EB-5 Regional Center A Foreign Investor Program In the States of Washington and Oregon

2 EB-5 Job Creation Program

3 How does it work? Tri-Cities - Project Foreign Investor Green Card

4 Where has it been successful? Currently there are 100+ approved Regional Centers in 32 States. All EB-5 funding and/or projects must be administered by an approved regional center.

5 Who has done this? (Other Regional Centers Across America)! The State of Pennsylvania was one of the first states to embrace the EB- 5 investment program 30+ projects since Projects Investors Approved Funds Raised Jobs New Jobs PIDC (Philadelphia) Regional Center $343,000,000 6,860 Pennsylvania Regional Center $169,000,000 3,380 TOTAL $500,000,000 invested & 10,000+ new jobs

6 PIDC Regional Center Example

7 PIDC Regional Center

Tri-Cities And Our Expedited USCIS Approval Execute Service Agreement 1 st Installment Client Completes Securi@es Ques@onnaire Legal Agreements Completed by Securi@es ANorney and Executed by all

8 Tri-Cities And Our Expedited USCIS Approval Execute Service Agreement 1 st Installment Client Completes Securi@es Ques@onnaire Legal Agreements Completed by Securi@es ANorney and Executed by all Par@es Securi@es ANorney Completes Private Placement Memorandum Client Completes Economist Ques@onnaire Economist Completes Econometric Study for SubmiNal to USCIS Client meet with Blender Crea@ve to begin Marke@ng Study/Website Development Blender creates and produces website and project brochures CFP completes all required manuals, forms and USCIS applica@on Securi@es ANorney Reviews USCIS SubmiNal Package Applica@on submined to USCIS, Final Installment of Service Agreement Receive USCIS Approval, Engage Foreign Brokers

9 USCIS Requirements PreparaUon of Business Plan in CIS format ImmigraUon/Investor Manual Offering Memorandum SubscripUon Agreement OperaUng Agreement Escrow InstrucUon (if required) Economic Study Job CreaUon Model & Investment Criteria for C.I.S. InternaUonal MarkeUng Plan Quarterly/Annual C.I.S ReporUng

10 Tri-Cities Investment District What makes us different? Total EB-5 Solution Business Development Consultants for both US and International Regional Center Management International Marketing Innovative Entrepreneurs Concierge Service EB-5 Tracking Software Tri-Cities Research District

11 Our Home and Initial Project Development Area The Tri-Cities - Communities of KennewickPasco-Richland and Neighbor - The Tri-Cities Research District Area to be Developed

12 Tri-Cities Projects Economic Development Project 1 Title: Embassy Suites Hotel LocaUon: Tri- CiUes (Richland) Project Amount: $35,000,000 DescripUon: Embassy Suites is an upscale hotel brand designed to suit the needs of the well-seasoned business traveler who knows what he/she wants in accommodations. The brand also caters to the pleasure traveler, tourists and families. This upscale, all-suite hotel offers extravagant amenities, such as a full, cooked-to-order complimentary breakfasts in the morning and a complimentary reception with food and wine service in the evening.

13 Tri-Cities Projects Economic Development Project 2 Title: Homewood Suites LocaUon: Tri- CiUes (Richland) Project Amount: $17,500,000 DescripUon: Homewood Suites is a mid-level hotel brand that caters to the extended-stay traveler; one who still wants quality and comfort, but at a lower price-point and without the additional amenities found in Embassy Suites. The extended-stay traveler is one who generally stays at a hotel for 4 to 5 days at a time and can rebook multiple times a year. Many of the travelers that are connected to the Tri-Cities economic growth projects, both private and public, meet the profile of the extended-stay traveler.

Tri-Cities Projects Economic Development Project 3 Title: Apartments at Horn Rapids LocaUon: Tri- CiUes (Richland) Project Amount: $37,000,000 DescripUon: The 318 unit Apartments at Horn Rapids

14 Tri-Cities Projects Economic Development Project 3 Title: Apartments at Horn Rapids LocaUon: Tri- CiUes (Richland) Project Amount: $37,000,000 DescripUon: The 318 unit Apartments at Horn Rapids complex will help supply the high demand for housing that has been created due to the increase in jobs and lack of new housing starts due to the reduction of conventional lending for new construction projects since the beginning of the economic downturn in The garden style apartments located within the master planned golf community consist of 1, 2, & 3 bedroom units with garages--a highly desired benefit for professionals, students and families.

Tri-Cities - Projects Economic Development Project 4 Title: Paragon Corporate Housing LocaUon: Tri- CiUes (Richland) Project Amount:

than a hotel room for extended stay business travel.

The development will provide an advantage to all business travelers in a common setting designed for their specific use, with the added

15 Tri-Cities - Projects Economic Development Project 4 Title: Paragon Corporate Housing LocaUon: Tri- CiUes (Richland) Project Amount: $35,000,000 DescripUon: The Paragon Corporate Villas development consists of 135 corporate-stay lodging units for executives who desire more than a hotel room for extended stay business travel. The units will be designed and constructed by Parastone, LLC and then leased to Paragon Corporate Housing. The development will provide an advantage to all business travelers in a common setting designed for their specific use, with the added benefit of booking options at the nearby hotel facilities being developed by TCID. In addition, this project will have complete onsite management, maintenance, supervision and amenities associated with corporate executive travel, creating the ultimate extended stay option in the region.

Tri-Cities And Our Future: In addiuon to the iniual 4 projects outlined,

future projects group and is soliciung proposals in all areas of

TCID seeks to partner with local entrepreneurs seeking to expand their

TCID is working closely with the Tri- CiUes Research District and wants

16 Tri-Cities And Our Future: In addiuon to the iniual 4 projects outlined, TCID plans to develop new projects in the future and has created a future projects group and is soliciung proposals in all areas of industry. TCID seeks to partner with local entrepreneurs seeking to expand their businesses. TCID is working closely with the Tri- CiUes Research District and wants to assist it in providing financing to current and future businesses seeking to re- locate there. TCID seeks to be a premier partner to the Tri- CiUes communiues of Kennewick- Pasco- Richland and its future needs.

17 Tri-Cities - Keys to success Experienced Strategic Partners Economic & Policy Resources, Inc. - Top EB- 5 Economist Arnstein & Lehr, LLP. Top SecuriUes Law Firm Baker Donelson, PC Top EB- 5 Agorney Law Firm, having assisted in muluple Regional Center approvals Global Law Group 100% success in I- 526 and I- 829 (over 1000 applicants processed) Investor MarkeUng In house direct sales in China, the Middle East, South Korea, South America and Russia Wailian Group Immigrant Consultants with established branches in over 20 countries

Expedited Timeline Service Agreement Dral Documents Economic Study Offering Documents USCIS Business Plan Final Documents Economic Study Offering Documents

18 Expedited Timeline Service Agreement Dral Documents Economic Study Offering Documents USCIS Business Plan Final Documents Economic Study Offering Documents USCIS Business Plan MarkeUng Manual Investor Manual Start Process 14 Days 30 Days InternaUonal MarkeUng USCIS Approval Funds in Escrow 60 Days 60 Days Days

19 Pathway to United States Citizenship Average 4 months May enter US at any time months Base on successful job creation Based on PPM exit strategy Select Project Complete Application Approval Process Approved Green Card Investment Return Submit I- 526 form Deposit $560,000 USD and applicauon fee in escrow I- 526 approval process Veong Investors Receive condiuonal green card $500,000 USD released for investment Submit I- 829 form CondiUonal status removed 4-7 years aler entering the U.S. Investment returned to investor OpUon for ciuzenship or keep the green card

20 The EB-5 Process

21 Regional Center Contact Information Contact: Tri-Cities Investment District, LLC P.O. Box Salem, Oregon Attention: Mr. Stew Stone Toll Free Telephone: (888) Facsimile: (503) Mr. Jorge A. Cordova Cell (928) Investor Relations

SHERATON HOTEL AT ATLANTA INTERNATIONAL AIRPORT (AIA) PROPERTY HIGHLIGHTS

SHERATON HOTEL AT ATLANTA INTERNATIONAL AIRPORT (AIA) PROPERTY HIGHLIGHTS Shoora EB5 Fund presents its latest offering - the 4 star Diamond full service Sheraton Hotel by The Marriott, which has direct