EB5 Affiliate Network’s EB-5 Regional Center in Cupertino
You’ll find Cupertino in the heart of California’s Silicon Valley. It’s home to the Apple headquarters, and a great location to consider for an EB-5 project sponsored by the EB5 Affiliate Network (EB5AN) California regional center. It’s not just high-tech in Cupertino—parks and gorgeous trail-lined spaces like the Rancho San Antonio Open Space Preserve offer something for everyone in this slice of Silicon Valley.
If want to rent an EB-5 regional center in Cupertino or are interested in opening your own center, you can get things done faster and more easily with EB5AN on your side. contact us today to learn how we can help you.
The many benefits of EB5AN’s State of California Regional Center support
1. Get more investment capital, even in the investment capital of the country.
Can you attract more investment capital even when you have your sights set on Silicon Valley? Yes, because it’s all about connections and networking. EB5AN boasts numerous USCIS-designated immigrant investor regional centers in the country, including in California, giving your Cupertino regional center extensive backing and experience.
EB5AN has the experience and networks necessary to help you with every step. This level of expertise will attract investors—and their EB-5 capital. Our California regional center can operate in any city in the state.
2. Meet the federal 10-job requirement more easily.
One of the requirements of the federal EB-5 program is creating 10 jobs per investor, but when you’re unaffiliated, all those jobs need to be “direct.” However, affiliate with a regional center, and you can also count indirect jobs. This means you meet job creation requirements far more easily and boost your appeal to EB-5 investors.
3. Know you have experts on your side.
The regional center affiliation process, or opening your own center, can be time consuming, and many aspects of the process can be confusing. Your time is extremely valuable, which is why you deserve to have a support team of experts on hand.
When you affiliate with our EB5AN Cupertino regional center, this is exactly what happens. We will help with everything, from providing a proposal overview (which helps avoid mistakes) to telling you how many jobs your project can create and the amount of capital investment risk you should take.
Simplify the I-924 application with EB5AN regional center aid
Approval of an I-924 application can take months at best, and years at worse. That’s a lot of wasted time, and you might lose investors. However, since EB5AN has successfully submitted 300 business plans and economic impact studies in more than 20 states with EB5AN regional centers, we can guarantee a faster approval process.
If you’d like an update throughout the application process, or if you have any questions, you will always get a reply within 24 hours of any query.
Is your project located in a targeted employment area?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Cupertino and other cities, it is important to understand both the benefits of and the USCIS process for TEA designation. To determine whether your EB-5 project location falls within a TEA, please consult our free EB-5 TEA map, which includes data for the entire United States. All you need to do is to enter the project address—the rest of the process is automated.
The EB5AN TEA map relies on the most recently published versions of two data sets, namely American Community Survey (ACS) five-year data and Bureau of Labor Statistics (BLS) data. It assesses TEA eligibility based on four calculation methodologies USCIS accepts—three related to calculating unemployment rates and one related to qualification as a rural TEA. Unemployment rates are calculated using (1) American Community Survey (ACS) five-year unemployment data by census tract, (2) the census-share methodology, which is based on a combination of ACS data and county-level BLS data, and (3) BLS county-level data for TEA determination on a county-wide level. To determine rural qualification, population and geographical data are considered. To qualify as a TEA, a project site needs to qualify under only one calculation method.
A TEA can also be created by combining directly adjacent census tracts and considering the weighted average unemployment rate. The EB5AN TEA map performs this function automatically.
If you confirm that your EB-5 regional center is located in a TEA in Cupertino, you can also use the EB5AN TEA map to instantly download a free TEA Qualification Report that shows all the data and calculations that support TEA qualification for your project location. Should you have any questions or concerns, don’t hesitate to contact the EB5AN team by phone at 1-800-288-9138 or via e-mail at info@EB5AN.com. We promise to respond within 24 hours.
Cupertino is located in Santa Clara County just west of San Jose. It borders the Santa Clara Valley and edges into the beautiful Santa Cruz Mountains. The population is only around 60,000, as many employees live in nearby bedroom communities. In 2015, Cupertino was ranked as one of the most educated cities in the United States by Forbes. It’s known for being an affluent region and has been ranked as one of the wealthiest U.S. cities with populations over 50,000.
California population breakdown and income demographics
Cupertino boasts a number of subdivisions, many of which are located near Stevens Creek Boulevard and the Lawrence Expressway. Unsurprisingly, Cupertino is also known for high housing prices, with areas like Monta Vista and Rancho Rinconada being some of the most desirable neighborhoods in the region. Multi-million-dollar homes are the norm here, with “entry points” starting at around $1.5 million for homes in the best areas. Tech workers and investors have both been strongly drawn to the area since the 1990s.
TSeveral computer and semiconductor companies besides Apple call Cupertino home—although the 150-acre Apple campus is a major landmark. However, almost no actual manufacturing takes place in Cupertino. Instead, it’s a city of office parks specializing in design and management. This is fantastic for local homeowners and tourists who want to be close to major corporations but avoid the side effects of being in a manufacturing-rich area.
Cupertino has a lot to offer, and it is a highly desirable location for your California project. Start the EB5AN affiliation process by contacting us today. Whether you want to affiliate with an EB-5 regional center or want to find out more about opening your own center, we are happy to help.
Call us at 1-800-288-9138 or e-mail info@EB5AN.com.