A TEA is a geographical area that is considered rural or has an unemployment rate of at least 1.5 times the national average. When EB-5 Visa applicants invest in a TEA, they can put forward $500,000 rather than $1,000,000. Individual states determine the precise boundaries of a TEA.
This is an involved question in most cases that requires a significant time investment to determine. The ease of determining whether your project is in a TEA will depend on its specific location. The process of determining whether your project is in a TEA will involve state and local government in most jurisdictions and can take 30 days or more.
The duration of fundraising depends on the size of the capital raise. The optimum time frame for a capital raise of twenty to fifty million dollars is nine to twelve months.
Closing costs are typically the same as any other form of capital.
Ideally, funding sizes are between $20-$50 million. However, we can make exceptions on a case-by-case basis.
We aim to return our investor’s capital in five to six years.
EB-5 funds cannot be repaid until USCIS approves the final investor’s I-829 petition. This typically occurs 38 to 42 months from the closing of the investment.
Cost varies based on the structure and risk of the investment, but is generally comparable to traditional forms of capital.
We typically require 20% from the partner and other sources, but this varies on a case-by-case basis.
No. EB5 Capital, our investors, and the investors’ attorneys handle all matters pertaining to the immigration process.