EB5 Affiliate Network’s EB-5 Regional Center in New Hyde Park
Want to take advantage of the best options for your New Hyde Park–based EB-5 project? Learn more about affiliating with EB5 Affiliate Network (EB5AN). Our New York regional center covers the city of New Hyde Park in full, extending its services to North New Hyde Park, all of Nassau County, and every other district of Long Island.
How can affiliating with the EB5AN State of New York Regional Center aid your New Hyde Park EB-5 project?
Affiliating with an EB5AN EB-5 regional center will simplify and enhance your project for a variety of reasons.
1. You can begin raising EB-5 capital right away.
Naturally, you want to start gathering EB-5 capital for your project in New Hyde Park as soon as possible. The quickest way to do so is to affiliate with the EB5AN regional center. We’ll allow you to instantly commence acquiring EB-5 investment funding anywhere in the city of New Hyde Park, as our regional center covers the entire state of New York. You can view the Immigrant Investor Regional Centers for which U.S. Citizenship and Immigration Services (USCIS) has awarded us official approval on the USCIS website.
2. You can leverage indirect job creation to more easily fulfill EB-5 investor requirements.
Your EB-5 project must satisfy the EB-5 program condition of creating 10 new jobs. For unaffiliated projects, this means full-time positions lasting 24 months or more. When you affiliate with our regional center, however, you may include both direct and indirect job creation in your final numbers. This incentivizes investors to fund your project, as they can more easily meet program requirements.
3. You can complete the affiliation process quickly and painlessly with our assistance.
Don’t let bureaucratic issues delay you from gathering capital for your New Hyde Park EB-5 project. Our highly experienced team can aid you in the regional center affiliation process, allowing you to start raising capital even sooner. Once we determine the eligibility of your project for affiliation with our regional center, we’ll consult with you to ascertain job creation numbers.
Want to establish your own EB-5 regional center? Let us prepare your I-924 application in three short weeks.
Our experienced team will make sure of it: we’re familiar with best practices for working with the USCIS, including navigating their adjudication process. We offer comprehensive EB-5 coverage in more than 20 states, and we’ve already conducted hundreds of business plans and economic impact studies that complied with USCIS guidelines.
The I-924 form contains a variety of complicated legal, economic, and business details, but we can efficiently compile all of these for you. We have developed a network of professionals who can expertly complete the I-924 application form and have the experience to anticipate and address the many difficulties that often arise.
Which parts of New Hyde Park count as targeted employment areas?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in New Hyde Park, 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 New Hyde Park, 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.
New Hyde Park invites new growth
With about 10,000 inhabitants and a median annual household income of $112,000, New Hyde Park constitutes a smaller and more affluent area of New York, and its economy is promising. Located on the outskirts of Manhattan, the small Long Island town of New Hyde Park is primarily a commuter village. As such, this attractive and mostly residential area has the potential for new businesses that remains untapped by the smattering of retail and warehouse operations that constitute the primary local employers. Many residents return home in the afternoon from a workday in the city proper, and the area could benefit from more local businesses.
New York population breakdown and income demographics
By investing in development projects in New Hyde Park through the EB5AN State of New York EB-5 Regional Center, qualified foreign investors can begin the process of earning U.S. permanent residency in this promising cultural and financial frontier of the United States. Working with us is a great opportunity to obtain permanent residence by investing through our USCIS-approved EB-5 regional center.