All over the Woodside area, encompassing the whole of Queens County, the EB5 Affiliate Network (EB5AN) regional center in New York covers developers who seek funding for EB-5 projects.

You can affiliate your Woodside 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 New York State EB-5 regional center, you can…

1. Raise EB-5 investment funds anywhere in Woodside.

Our EB5AN regional center with coverage of the entire state of New York allows our affiliates to raise EB-5 capital for their projects in any area of Woodside, including its suburbs. EB5AN operates numerous regional centers, all of which have been approved by U.S. Citizenship and Immigration Services (USCIS) and are displayed on the USCIS website.

2. Attract investors by boosting the way your EB-5 project meets job creation 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 Woodside regional center. Once that’s done, you can raise the EB-5 capital you need.

Wait three weeks, not three months, to complete your I-924 application

Since it involves close attention to a number of economic, business, and legal elements, completing an approval-worthy I-924 to establish an EB-5 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.

Our own regional centers cover more than 20 states, so we’ve had plenty of practice. 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 Woodside have TEA designation?

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

Woodside is ready to thrive

One of the most diverse neighborhoods in the country, this historic section of Queens is home to almost 40% Asian Americans, and all of the constituent ethnicities of the area represent themselves in the local cuisine. Woodside is famous for its Thai, Korean, Filipino, Chinese, Indian, Dominican, and Ecuadorian restaurants, and the regular and vibrant street fairs and parades are serviced by a litany of pop-up vendors. About 15% of Woodside’s population is Filipino American, mostly concentrated in the neighborhood on Roosevelt Avenue called “Little Manila,” which is supported by the Bayanihan Filipino Community Center and saturated with mostly Filipino-owned businesses.

New York population breakdown and income demographics

With a median per capita income of $49,000 per year, Woodside’s population of just over 45,000 can benefit from more employment opportunities resulting from completed EB-5 regional center projects in the community. By becoming a business affiliate of EB5AN, you can play an active role in bringing new development and jobs to the people of Woodside.

The EB5AN State of New York EB-5 Regional Center has geographic coverage of the whole of Queens 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 Woodside regional center.

For help with EB5AN regional center affiliation or new USCIS-approved regional center formation, contact us now. Call 1-800-288-9138 or e-mail info@EB5AN.com, and we’ll be in touch within 24 hours.