Just 16 miles northwest of Chicago lies the picturesque Village of Skokie. An economically progressive town, Skokie is known for its high-quality schools, beautiful parks, and wide range of entertainment options. In fact, this diverse community was named one of the 80 fastest-growing suburbs in the U.S. by Money magazine.

If you’re searching for the ideal spot for your EB-5 business enterprise, Skokie might just be the place for you. And because the EB5 Affiliate Network (EB5AN) regional center in Illinois covers the whole of the Chicago region, including Skokie, aspiring developers and investors don’t have to worry about going it alone. For more information about renting a USCIS-approved regional center in Skokie or launching one yourself, call today or reach us online for assistance.

Rent our EB5AN State of Illinois EB-5 Regional Center or launch one of your own. We can help.

There are numerous reasons to consider partnering with an EB-5 regional center in Illinois, including that you can…

1. Raise EB-5 capital promptly for your Skokie enterprise

U.S. Citizenship and Immigration Services (USCIS) approved EB5AN’s Illinois regional center to handle ventures in all parts of the state, including Skokie. Immigrant investors and developers can feel comfortable launching enterprises in this exciting community. Affiliating with EB5AN allows you to begin raising EB-5 capital immediately.

2. Ensure all the jobs you create count toward your EB-5 job creation numbers

One of the benefits of partnering with a regional center like the EB5AN Illinois regional center is that it brings more total jobs to count toward your job creation total. You will get credit for both direct and indirect jobs created as a result of your business venture. Because more investors can meet the job creation requirement, a larger portion of funding can come from EB-5 capital.

3. Avoid regional center approval delays with help from EB5AN

Partnering with our regional center means a head start over creating your own regional center. Affiliating with our Illinois regional center gets you up and running more quickly, and you’ll have our support every step of the way. We’ll work hand in hand with you to create job creation estimates and determine how much EB-5 capital you can likely raise.

Get help submitting your I-924 petition so you can launch your Skokie EB-5 regional center faster

If you’ve been considering an EB-5 project, you probably know that gaining I-924 petition approval for establishing a new regional center can be time consuming and difficult. One of the benefits of working with EB5AN is that we have years of USCIS adjudication experience through the network of EB5AN regional centers that covers 20 states. Additionally, we’ve taken part in more than 300 business plans and economic impact studies. Our knowledge and experience are yours when you choose us to prepare your I-924 application—and we can complete it in as few as three weeks.

To learn more about our services, call today or contact our team of economists and business experts online. You can rest assured knowing we’ll get back to you within a day.

Find out if Skokie contains one or more targeted employment areas

Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Skokie, 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 Skokie, 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.

Skokie is a small Chicago suburb with big opportunities for business

Searching for the perfect North Shore destination for your EB-5 endeavor? This Chicago-area town is a favored spot among residents and visitors alike. Easily accessible from Chicago by car or train, Skokie boasts top-notch arts and entertainment, along with a diverse range of dining options and shopping. Residents and guests can drop by the North Shore Center for the Performing Arts in Skokie, which features two individual theaters. More for the outdoors? Stop by the Emily Oaks Nature Center, a 13-acre savanna featuring wildflowers, oak trees, wildlife, and a pond.

With so much going for Skokie, it’s no surprise that investors are choosing this city for their EB-5 projects. Whether you’re interested in partnering with the EB5AN Illinois EB-5 regional center or want to start a center of your own, we’ll be there to support you every step of the way.

Illinois population breakdown and income demographics

More than 64,000 people call the town of Skokie home. So, what draws them to this Chicago-area community? Location is everything for Skokie visitors and residents, who can reach the Windy City via the Edens Expressway and 10 suburban bus lines. Additionally, this pro-business community lets investors take advantage of low property tax rates, no sewer taxes, and top-rated emergency services protection.

Ready to start your EB-5 venture in this growing community? Whether you’re struggling to raise sufficient capital or meet job requirements, you can rest assured knowing EB5AN will be by your side every step of the way. Immigrant investors trust us to help them start new regional centers in less time. Additionally, we offer investors the opportunity to partner with our existing EB-5 center in Illinois, so you don’t have to wait to get your project off the ground.

To find out more about what we do, call us today at 1-800-288-9138, or contact us online at info@eb5an.com. We’ll get back to you shortly.