EB-5 Regional Center in San Mateo
Part of the famed Silicon Valley, San Mateo is a tech-savvy town rich in local history. This San Francisco Bay cultural center boasts an array of entertainment options, including activities for the family. Spend the day at picturesque Laurelwood Park, or learn something new at the CuriOdyssey, a combination science museum and zoo.
Additionally, San Mateo is home to a number of large employers, including Franklin Templeton Investments and San Mateo Medical Center. And because the California EB5 Affiliate Network (EB5AN) regional center covers all of San Francisco Bay, including San Mateo, it’s also an ideal place for your EB-5 venture.
Whether you want to set up your own EB-5 regional center or want to partner with our existing one, we can help. Call us today to discover the many benefits of partnering with EB5AN on your San Mateo business, and get a response within 24 hours.
Partner with our San Mateo EB5AN regional center to expedite your EB-5 project
Learn more about the benefits of affiliating with an EB5AN EB-5 regional center in San Mateo:
1. Increase EB-5 capital
One of the benefits of partnering with the California EB5AN regional center is that it enables you to expedite the process of raising investment funds. The end result is that your EB-5 venture gets off the ground faster.
2. Boost job creation totals
When you work with our regional center in San Mateo, you can feel confident knowing that both direct and indirect jobs count toward your required job creation total. On the other hand, EB-5 projects not associated with a regional center can count only direct jobs in which workers have been employed for two years. By partnering with a regional center, you can raise your odds of meeting the jobs requirement while increasing available EB-5 capital for the project.
3. Get approved faster
If time is of the essence, trust EB5AN to help you secure regional center affiliation faster. From assessing jobs prospects to raising capital, we support you every step of the way. Additionally, we can provide you with a list of criteria your project needs to meet to ensure regional center affiliation.
EB5AN can complete your I-924 application faster
Completing the I-924 form is one of the most important steps involved in forming a new EB-5 regional center. Unfortunately, this process is often unnecessarily complex. Because EB5AN has submitted more than 300 USCIS-approved business plans and economic impact studies, we have the knowledge and experience to ensure the process goes off without a hitch. Rest assured knowing we’ll handle your business, legal, and economic concerns so that you can launch your venture faster.
At EB5AN, we are proud to operate regional centers with full coverage of more than 20 states. Contact us today to expedite USCIS approval of your EB-5 regional center.
Is your San Mateo business in a targeted employment area?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in San Mateo and other cities, it is important to understand 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 San Mateo, 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.
Great location and top companies combine to make San Mateo highly desirable
Location, location, location. This rule applies not only to buying a house but also to launching a business, and research shows San Mateo is a great place to do both. Convenient to Interstate 280, Highway 101, and Highway 92, San Mateo is less than 30 minutes from both San Francisco and San Jose. And with giants like Google and Facebook right next door, it’s a natural choice for a wide array of EB-5 businesses, including tech startups. If you’re searching for the perfect spot for your enterprise, consider the robust community of San Mateo, which is conveniently covered by the California EB5AN EB-5 regional center.
California population breakdown and income demographics
With a population of just over 101,000 and a median household income of $90,000, San Mateo is clearly a city on the rise. Because residents earn high average salaries, there’s plenty of money to invest back into the community. As a result, San Mateo is a great spot for a wide range of EB-5 businesses. You can provide lucrative employment opportunities for deserving individuals while helping your investors achieve their dreams of permanent residency.
Ready to turn your EB-5 goals into realities? At EB5AN, we’ve helped developers and investors throughout the United States partner with existing regional centers or launch their own. To learn more about how we can support you on every step of your journey, call today or contact us via email. We look forward to working with you.