EB5 Affiliate Network’s EB-5 Regional Center in Sugar Land
Sugar Land, which can be found just a few miles from Houston, is known for the Houston Museum of Natural Science and for being the hometown of famed country singers. For those looking for an ideal location for an EB-5 project, affiliating with the EB5 Affiliate Network (EB5AN) State of Texas Regional Center is a great first step.
Sugar Land is a wise choice of location, as it attracts both tourists and investors. From the Fort Bend Children’s Discovery Center to Brazos River Corridor, there’s something for everyone in this Texas town.
Affiliation with EB5AN’s State of Texas Regional Center is a must
1. Increase your potential to attract capital investments.
There are many benefits to partnering with our regional center, including the potential to increase EB-5 capital investment. EB5AN has a strong network in Sugar Land, and that’s something investors are noticing. By targeting locations and taking advantage of networks, you can garner even more investment capital than expected. Plus, since our EB5AN regional center covers every city in Texas, you have options other than Sugar Land for your project location.
2. Meet the federal 10-job requirement more easily.
When you are unaffiliated with a regional center, the 10-job creation requirement under the EB-5 program only includes direct jobs. The EB5AN regional center in Sugar Land provides you with the upside to count indirect jobs toward the total required. Being able to count both direct and indirect jobs means you can meet the job creation requirement more easily.
3. Take advantage of experts at your fingertips.
You will have an entire team of EB-5 regional center experts eager to help you with every step, starting with regional center affiliation. You’ll enjoy a complete proposal overview, which is paramount in avoiding common mistakes. Our expert team will also tell you how many jobs your project will likely create, and estimate how much capital you could raise.
Would you like to find out about even more benefits? Simply contact us to learn about every advantage. When you’re an affiliate of EB5AN’s regional center in Sugar Land, every process becomes faster, easier, and less stressful.
Completing the I-924 application doesn’t have to take long
You’ve probably heard that completing the I-924 application can take months. That’s true, but with EB5AN’s expertise, you can be ready to submit your application in just three weeks.
EB5AN has completed more than 300 business plans and economic impact studies in more than 20 states with EB5AN regional centers. Our team can help you avoid the common pitfalls and roadblocks encountered when completing an I-924.
Throughout the application process, you can always contact us with questions or concerns, and get a response within 24 hours.
Check the EB5AN targeted employment area map for your location
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Sugar Land 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 Sugar Land, 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.
Sugar Land: The sweetheart of Texas
Sugar Land is in Eastern Fort Bend County and just 20 miles from downtown Houston. It was originally a sugar plantation in the 19th century and became incorporated in 1959. Corporate headquarters in the city include Minute Maid, Tramontina USA, and Noble Drilling.
The city encompasses almost 43 square miles. Easily accessible to Houston, it’s the 49th-biggest city in Texas, and its moderate population size makes it a favorite for commuters and those who want a quieter community.
Texas population breakdown and income demographics
It’s also known as being one of the wealthiest and fastest-growing cities in the state. The population jumped 158% between 1990 and 2000, and there’s been a 46% increase in jobs from 2000 to 2007.
In 2003, Sugar Land officially became a principal city and ousted Galveston in the rankings of most important city in the Houston metro area. To keep up with the booming economy, educational facilities are also being prioritized. The University of Houston System at Fort Bend relocated to a nearby 250-acre campus in 2002.
It’s not too late to enjoy the benefits of the Sugar Land boom. If you want to use our EB5AN regional center, or are interested in opening a center yourself, contact us.
Call us at 1-800-288-9138, or e-mail info@EB5AN.com.