EB5 Affiliate Network’s EB-5 Regional Center in Redmond
All over the King County area, including Redmond, Kirkland, Bellevue, and Sammamish, the EB5 Affiliate Network (EB5AN) regional center in Washington covers developers who seek funding for EB-5 projects.
You can affiliate your Redmond project with an EB5AN Immigrant Investor Regional Center. Let us know you’re interested, and we’ll contact you within 24 hours.
EB5AN regional center rental provides developers with valuable benefits
When you rent our State of Washington EB-5 regional center, you can…
1. Raise EB-5 investment funds anywhere in Redmond.
Our EB5AN regional center with coverage of the entire state of Washington allows our affiliates to raise EB-5 capital for their projects in any area of Redmond, including its suburbs. EB5AN operates numerous regional centers—all approved by U.S. Citizenship and Immigration Services (USCIS) and listed on the USCIS website.
2. Attract investors by changing the way your EB-5 project meets EB-5 program requirements.
Unaffiliated projects may count only direct employment positions of more than 24 months toward their job creation total. Regional center projects, which allow investors to count indirect jobs, result in higher job creation numbers, so they tend to be much more attractive. This allows developers to easily gather more EB-5 capital for their projects.
3. Become an affiliate quickly so you can turn your attention to raising EB-5 capital.
USCIS compliance is a simple process when you rely on EB5AN’s expertise. We can expedite the EB-5 regional center affiliation process, including calculating your project’s potential to support EB-5 capital and create jobs as well as its suitability for affiliation with our Redmond regional center. Once that’s done, you can raise the EB-5 capital you need.
Wait three weeks, not three months, for your I-924 application to be completed
Since it involves close attention to a number of economic, business, and legal elements, correctly completing an I-924 application for establishing a new regional center requires the expertise of a professional team and often takes months. The team at EB5AN has a history of success, having conducted more than 300 business plans and economic impact studies in compliance with USCIS standards—which is unsurprising considering EB5AN regional centers cover more than 20 states. We’re not intimidated by the application’s intricacies or its lengthy adjudication process because our extensive experience and resources equip us to competently compile its requisite documentation.
If you would like to learn more about USCIS approval, contact EB5AN, and we’ll answer your questions within 24 hours.
Does Redmond have TEA designation?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Redmond 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 Redmond, 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.
Redmond is ripe with economic potential
Known as the bicycle capital of the Northwest, Redmond is famous as the home and headquarters of Microsoft Corporation and Nintendo of America. These two household names, along with several other leading corporations, including Genie Industries, AT&T Mobility, and Eurest Dining Services, employ almost 40,000 people locally. Microsoft alone employs more than 34,000 of its 90,000 worldwide employees in Redmond. The Washington School District and UPS are runners up as top employers in the area.
Washington population breakdown and income demographics
With a historic farmers’ market, a poet laureate, and a thriving indie music scene, Redmond exists as a unique balance between corporate and homegrown culture and presents an exciting invitation for new development. With a median per capita income of $36,000 per year, Redmond’s population of just under 65,000 can certainly benefit from more employment opportunities resulting from completed EB-5 regional center projects in the community.
The EB5AN State of Washington Regional Center has geographic coverage of the whole of King County. Immigrant investors can meet the qualifications for the EB-5 program and clear a path to U.S. permanent residency when they invest through our USCIS-approved Redmond regional center.
By becoming an EB5AN affiliate, you can play an active role in bringing new development and jobs to the people of King County.