Rochester, New York, EB-5 Regional Center
If you’re looking for an EB-5 regional center to affiliate with that covers all of Rochester, including Pearl-Meigs-Monroe, Central Business District, and everything in between, look no further. EB5 Affiliate Network (EB5AN) has a United States Citizenship and Immigration Services (USCIS)-approved regional center in the State of New York that has designated geographic coverage of the entire state. Contact EB5AN to learn more about affiliating with EB5AN’s State of New York regional center.
What can EB5AN’s New York State Immigrant Investor Regional Center offer you?
Affiliating with our regional center can benefit you in several ways.
First, since our regional center’s coverage extends throughout the entire state of New York, you can start collecting EB-5 capital anywhere in Rochester. Our New York regional center is one of several EB5AN regional centers that have been formally approved by USCIS.
An affiliation with our regional center can also make it easier for you to meet the EB-5 job creation requirement of 10 jobs per immigrant investor. Regional center–affiliated projects can include indirect, direct, and induced jobs into their job calculations. Only direct employees can be counted in projects that are not affiliated with a designated EB-5 regional center, and those employees must keep their jobs for two full years. Being able to count all these job types means that there is a larger job cushion for investors and the project can raise more EB-5 capital since more investors can be involved with the project.
With our assistance, you can quickly get your project up and running through regional center affiliation. We will help you figure out how many jobs your project will create, how much EB-5 capital you can raise, and if your project is qualified for affiliation with our regional center covering Rochester, New York.
Want your I-924 application finished in three weeks? We can help you with that.
If you’re interested in creating your own EB-5 regional center, you’ll want to make sure that you have fully and accurately filled out your I-924 application. The various aspects of this process can be difficult to get through on your own. With our vast experience and past success, EB5AN is fully capable of guiding you through the application process and helping you avoid common pitfalls along the way. At this point in time, EB5AN has finished more than 300 business plans and economic impact studies for the EB-5 program. Our existing regional centers cover more than 20 states.
Contact us now to get started with your application for EB-5 regional center approval. We’ll get back to you within 24 hours.
Is Rochester considered a targeted employment area?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Rochester 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 Rochester, 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.
Rochester, New York, is a destination for many.
Rochester’s University of Rochester attracts students from all over the world who are seeking a higher education, and visitors are pouring in to see popular landmarks such as the Strong National Museum of Play. All of this creates a bustling economy for this city. Rochester has also given its endorsement for the EB-5 Regional Center Program as a method of immigration that benefits both immigrants and the United States.
Immigrant investors seeking to immigrate to the United States can feel secure investing in an EB-5 project through our EB5AN State of New York EB-5 regional center. Our center covers Flower City in Monroe County and all other New York areas within and surrounding Rochester, including Brighton, Fairport, and Irondequoit.
New York population breakdown and income demographics
Rochester has a population of 208,880 spread across 37.1 square miles, resulting in a population density of 5,835 people per square mile. Out of all the cities in the United States, it ranks 130th in population density.
If you choose to affiliate with EB5 Affiliate Network for your EB-5 regional center project, you will be able to provide a considerable benefit to Rochester by creating new full-time jobs for Rochester workers, thus substantially reducing the unemployment rate.
Contact us today if you’d like to hear more about the process of forming your own USCIS-approved regional center or affiliating with EB5AN’s own regional center. You can reach us by phone at 1-800-288-9138 or by e-mail at info@eb5an.com.