EB-5 Regional Center in Glen Oaks
Located in the Borough of Queens, Glen Oaks offers numerous benefits for families and business owners alike. Regularly deemed one of the best places to live in New York City, Glen Oaks offers the convenience of the city coupled with the hominess and safety of the suburbs. There’s a reason this part of town is populated by young people and seniors alike.
Home to a wide array of restaurants and shops, Glen Oaks is also a great spot for recreation. Residents and visitors can check out the World’s Fair Unisphere in Flushing Meadows, stroll through the Queens Botanical Garden, or view the art at MoMA. And with above-average public schools, Glen Oaks is the ideal spot to raise a family.
With so much going for Glen Oaks, it’s no surprise that this town is also a hotspot for business. Conveniently, the EB5 Affiliate Network (EB5AN) boasts a U.S. Citizenship and Immigration Services (USCIS)–approved regional center covering all of New York, including the neighborhoods in Queens.
Learn more about partnering with the EB5AN New York regional center. We look forward to hearing from you.
Discover the perks of partnering with the EB5AN New York State regional center
If you’re thinking of launching your EB-5 project in Glen Oaks, you might want to consider affiliating with the EB5AN New York regional center. One of numerous USCIS-approved EB5AN EB-5 regional centers, this resource has everything you need to get your venture off the ground.
One of the best reasons to partner with a regional center is that it makes it easier to fulfill the EB-5 job creation requirement. This is because both direct and indirect jobs count for regional center–affiliated projects. As a result, your project can use a larger portion of EB-5 capital to build the business. Currently, our regional centers cover 20 states around the United States.
Complete your I-924 application faster with help from EB5AN
If you prefer to establish a new regional center, filling out the I-924 is a crucial, albeit frustrating, aspect of the process. Consider working with EB5AN and letting us guide you through the process. Because we’ve completed more than 300 business plans and economic impact studies for the EB-5 program, we can help you avoid the common I-924 pitfalls.
Ready to get started on your I-924? Contact us today for a response in 24 hours or less.
Is your Glen Oaks business in a targeted employment area?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Glen Oaks, 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 Glen Oaks, 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 firstname.lastname@example.org. We promise to respond within 24 hours.
Build a business in New York’s biggest borough
Rising rent prices are driving residents out of Manhattan and Brooklyn and pushing them toward the largest borough. Located in Queens, Glen Oaks lets residents enjoy more affordable housing without sacrificing quality of life. Visit one of the neighborhood’s many brunch spots or enjoy the sun on Rockaway Beach. And, of course, kids will love visiting the animals at the Queens Zoo.
Because Queens is just a 15-minute train ride away from Brooklyn—45 minutes from Manhattan—residents have plenty of great employment opportunities at their disposal. The end result is a robust economy perfect for your EB-5 business.
New York population breakdown and income demographics
With a population of 15,517, Glen Oaks is clearly a community on the rise. This Queens neighborhood boasts a median income of $85,174 per household, meaning that residents have money to support local businesses. Plus, the increase in tourism to Queens will ensure that new EB-5 ventures see a steady stream of customers.
If you’re thinking of launching your EB-5 venture in the Glen Oaks area, consider partnering with the EB5AN regional center. We can save you time and money by helping you access funding and ensuring your business gets off the ground faster. And because regional center projects have less stringent job requirements (both direct and indirect jobs count toward the goal), the odds of securing permanent residency are that much higher for your investors.
Ready to make your dream of launching a Glen Oaks business a reality? Call us today at 1-800-288-9138, or send us an e-mail at email@example.com for a response within 24 hours. Whether you opt to partner with our regional center or launch one of your own, we look forward to supporting you on your EB-5 journey.