Phoenix EB-5 Regional Center Rental and Formation
Project developers in Phoenix can affiliate their EB-5 projects with the EB5 Affiliate Network’s regional center in Arizona. This EB-5 regional center’s area of geographic coverage spans every neighborhood in the city of Phoenix, including Downtown and Booker T. Washington.
Contact EB5 Affiliate Network (EB5AN) to find out how becoming a business affiliate of the EB5AN State of Arizona EB-5 regional center can facilitate your Phoenix EB-5 project.
What can your EB-5 project gain by renting the EB5AN regional center in Phoenix?
By affiliating your EB-5 project with the EB5AN regional center, you can…
1. Raise EB-5 investment capital for your project right away.
Since our EB5AN Arizona EB-5 regional center has coverage of the entire state of Arizona, every area of Phoenix is also included in its coverage. This means our affiliates have access to EB-5 funding no matter where in Phoenix their projects are located. U.S. Citizenship and Immigration Services (USCIS) has approved all of EB5AN’s regional centers, and the EB5AN Arizona EB-5 regional center is listed on the USCIS website.
2. Count direct, indirect, and induced jobs for higher job creation figures.
The centerpiece of the EB-5 program is its requirement that each investor’s contribution results in the creation of 10 new full-time jobs. While direct EB5 investment projects are limited to counting only directly created positions that last for 24 months or more, job creation figures for regional center projects are based on a broader view of their economic impact that leads to higher numbers. The greater ease of meeting EB-5 program requirements offered by regional center projects makes them more attractive to EB-5 investors, which makes EB-5 capital more accessible for those projects.
3. Save money and get started on your Phoenix EB-5 project sooner.
The professionals at our Phoenix EB-5 regional center can expedite the affiliation process so you can start raising EB-5 capital rather than paying substantial fees and waiting months for USCIS approval. We’ll partner with you to assess your project’s job creation potential and whether it’s a good fit for EB-5 capital generally and our Phoenix regional center specifically. When the regional center affiliation process is complete, you can immediately begin raising EB-5 capital.
If you’re seeking to form your own Phoenix EB-5 regional center, EB5AN can prepare your I-924 petition in just three weeks.
To prepare an I-924 application worthy of USCIS approval, it’s necessary to understand the application’s complexities and how it’s adjudicated by USCIS. EB5AN’s team of economists and business professionals has the expertise and the resources to confidently complete your I-924 petition. We’ve secured approval for EB-5 regional centers covering more than 20 states and completed several hundred USCIS-compliant business plans and economic impact studies.
Where are the targeted employment areas in Phoenix?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects, 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 Phoenix, 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 email@example.com. We promise to respond within 24 hours.
Both Phoenix and its economic climate are warm and welcoming.
Phoenix, the cultural center of the Valley of the Sun, welcomes tourists to beautiful sites such as the Desert Botanical Garden and Papago Park. Students come to attend Grand Canyon University and Arizona State University’s Downtown Phoenix campus. Investors have also found Phoenix to be an attractive destination since the city approved the EB-5 Regional Center Program, which offers benefits for both the US economy and the foreign investor in pursuit of US permanent residency.
Our EB5AN State of Arizona EB-5 regional center has geographic coverage of Maricopa County, including the city of Phoenix and neighboring areas such as Gilbert, Chandler, and Paradise Valley. Through our USCIS-approved EB-5 regional center, both EB-5 investors and developers can meet their goals.
Arizona population breakdown and income demographics
With a population of over 1.6 million, Phoenix is the largest city in the state of Arizona, the largest capital city in the US, and the fifth-largest city in the US overall.
The large population of Phoenix makes it a great candidate for development through the EB-5 program. You can contribute to the community’s economic growth and provide new employment opportunities for its residents by affiliating your project with our EB5 Affiliate Network EB-5 regional center.
We look forward to working with you. Contact EB5AN today to find out how to become an EB5AN business affiliate or how to set up a new EB-5 regional center with USCIS approval. Call 1-800-288-9138 or e-mail firstname.lastname@example.org. A member of our team will respond to your inquiry within 24 hours.