EB5 Affiliate Network’s EB-5 Regional Center in Hicksville
The hamlet of Hicksville, in addition to Oyster Bay, Nassau County, and the Long Island area, falls within the coverage of the EB-5 Affiliate Network (EB5AN) State of New York Regional Center. When you affiliate your EB-5 project with our regional center, you avail yourself of numerous benefits. Contact us to get started with the affiliation process, and we’ll be in touch right away.
What can EB5AN’s New York regional center offer my Hicksville EB-5 project?
There are a multitude of legal, financial, and logistical advantages from which your Hicksville EB-5 project can benefit when you affiliate with our State of New York regional center. When you choose to affiliate with our EB-5 regional center, it becomes easier to…
1. Gain access to EB-5 investment capital for an EB-5 project anywhere in Hicksville
Since our New York regional center’s scope of coverage includes the entire city, this includes anywhere you want to develop your Hicksville EB-5 project in Nassau County. The network of EB5AN regional centers covers 20 states, and they are all approved by United States Citizenship and Immigration Services (USCIS) and listed on the USCIS website.
2. Increase your job creation numbers
Normally, an EB-5 project must create 10 full-time jobs for American workers lasting 24 months or more to satisfy USCIS criteria for economic stimulation. For direct investments made without regional center sponsorship, only direct employment counts toward this 10-job total. However, when you affiliate with us, your Hicksville EB-5 project can include direct, indirect, and induced job creation in its final job creation numbers, making your project more enticing to foreign investors.
3. Quickly affiliate to begin raising EB-5 capital right away
EB5AN has extensive experience with USCIS compliance. We can handle the regional center affiliation process for you quickly, allowing you to turn your attention to raising EB-5 capital for your Hicksville EB-5 project. With our team of professionals managing the bureaucratic minutia of your project, you can focus on getting the investments you need to get your project started.
Have an I-924 application prepared for submission in just three weeks
You may want to establish a new regional center, but preparing an I-924 application can be a time-intensive process. Many organizations take months to prepare, edit, and submit the I-924, after a lengthy procedure of compiling the correct financial, legal, and business documentation.
At EB5AN, our team of professionals has extensive experience with the entire process. We have the expertise and workforce to have an approval-worthy I-924 application ready in about three weeks. We have expert knowledge of the application process, and we can help you navigate it smoothly. Our team has completed over 300 business plans and economic impact studies in compliance with USCIS standards. In addition, we’ve successfully created our own regional centers with coverage of 20 states. For more information on faster EB-5 regional center application preparation, contact us today.
Will your Hicksville EB-5 project benefit from TEA designation?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Hicksville 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 Hicksville, 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.
Hicksville is ripe with opportunity
With a median household income of $105,000 and a population of just over 40,000, Hicksville is one of the wealthier sections of Long Island. It exists at a major nexus of the Long Island Railway, lying at the juncture where the Ronkonkoma Branch and Port Jefferson Branch meet to form the Main Line. Served by a public library, a post office, and a public school system, this small hamlet covers only 6.8 square miles. As a subsection of Oyster Bay Township, it is primarily a residential area. Its relatively affluent and concentrated population has the potential to support new development and projects; there is no shortage of opportunities in this culturally rich and historic area of New York.
New York population breakdown and income demographics
Immigrant investors have a clear path to permanent U.S. residency by working through our USCIS-approved State of New York Regional Center. Moreover, by becoming a business affiliate of EB5AN, you can take an active role in creating opportunities for both foreign investors and the American people.
For help with EB5AN regional center affiliation or new USCIS-approved regional center formation, contact us now. Call 1-800-288-9138 or e-mail info@eb5an.com, and we’ll be in touch within 24 hours.