Benefits of Affiliation with Our Tennessee EB-5 Regional Center
Immediate Ability to Raise EB-5 Capital in Tennessee
Business affiliates of EB5AN, including our Tennessee EB-5 regional center, can immediately begin raising EB-5 investment funds in any of the designated geographic areas that comprise our USCIS-approved regional centers.
Indirect Job Creation Calculations
Business affiliates of our regional centers can calculate job creation through both direct and indirect job methodologies. This leads to higher job creation figures than direct non-regional center calculations of actual payroll employees.
Regional Center Affiliation Process
The regional center affiliation process can be a fast solution and a great fit for those looking to begin a project immediately. The benefits of affiliating with a regional center make this an excellent choice for many project developers.
Our experienced team will work with you to understand whether EB-5 funding is a good fit for your project and whether you qualify to affiliate with our regional centers.
Let Us Help You to Create Your Own Tennessee EB-5 Regional Center
Our Team Will Complete Your I-924 Application for a Tennessee EB-5 Regional Center in Three Weeks
EB5AN has obtained full state regional center coverage in multiple states and has completed more than 100 USCIS-compliant business plans and economic impact studies. The I-924 application process is complicated and requires legal expertise, economic analysis, business plan creation, and an understanding of how USCIS adjudicates applications.
EB5AN has the internal resources to assemble all required aspects of an I-924 application. Additionally, we have extensive experience with I-924 applications and understand all the key components and common pitfalls.
There are various approaches to take when filing an I-924 form; please contact us to learn more about the process and how we can work together to get your regional center approved quickly by USCIS.
Targeted Employment Area (TEA) Qualification Report in Tennessee for EB-5 Tennessee Regional Center Projects
Please visit our EB-5 TEA Map to determine whether your Tennessee EB-5 regional center project’s location qualifies as a rural or high unemployment targeted employment area (TEA).
Click image to view the TEA map and instantly download a free TEA qualification report.
Because TEA designation is crucial to the success of many EB-5 projects, it is important to understand how USCIS reviews TEA designation requests. Once you determine whether your Tennessee EB-5 regional center project is located in a TEA, you can prepare a TEA report yourself. The free downloadable report available through the EB5AN TEA map is also suitable for submission to USCIS.
If you still need assistance with preparing your EB-5 TEA report for your EB-5 regional center project in Tennessee, please contact the EB5AN team directly by phone at 1-800-288-9138 or via e-mail at firstname.lastname@example.org, or simply order an EB-5 TEA Qualification Report.
About the State of Tennessee and the Economic Climate of Our EB-5 Tennessee Regional Center
The EB5AN Tennessee EB-5 regional center was created to provide an investment vehicle for qualified foreign investors seeking to obtain permanent resident status in the United States through an investment in a USCIS-approved EB-5 regional center with geographic coverage of all 95 counties in the State of Tennessee.
Historically, several elected Tennessee public officials, including senators and congressional representatives, have endorsed the EB-5 regional center program as a great opportunity for the U.S. economy and for foreign investors who want to immigrate to the United States and invest in a USCIS-approved Tennessee EB-5 regional center such as the EB5AN Tennessee Regional Center.
Tennessee: Population and Income Demographics
According to the 2010 U.S. Census, the State of Tennessee has a population of approximately 5.2 million people over the age of 16. Within this group, approximately 3.2 million people are in the labor force, with 2.9 million who are employed and 0.2 million unemployed. These population numbers represent approximately 2.5 million households.
Tennessee: Unemployment Trends
Unemployment statistics for 2018 show average unemployment in Tennessee at around 4.0%. Monthly unemployment rates in 2018 were 4.1% for August, 4.0% for September, and 4.0% for October.
Tennessee covers an area of 41,217 square miles, with a width of 120 miles and a length of 440 miles. This implies a population density of 159 people per square mile, which makes Tennessee the 20th-most densely populated state in the United States.
The capital of Tennessee is Nashville, the largest city is Memphis, and the largest metro area is the Nashville metro area. The gross domestic product (GDP) of Tennessee in 2010 was $250 billion. This implies a compound annual growth rate from 2000 to 2010 of 4.51% and a per capita GDP of $43,267. Tennessee has the 19th-largest economy in the United States by GDP.
In the 20th century, healthcare, manufacturing, retail, education, hospitality, construction, and transportation contributed to the state of Tennessee’s economic development. The Tennessee economy is driven almost entirely by its 10 metropolitan areas. In 2004, they produced a combined total of 95.7% of Tennessee’s domestic product.
Tennessee State Government & EB-5 Investment Financial and Employment Statistics
Tennessee: Real GDP (2011–2014)
From 2011 to 2014, Tennessee’s GDP grew by 6.45%, with an average annual GDP growth of 2.15%. In 2016, Tennessee’s real GDP was $0.287 trillion, ranked 19th in the U.S. The 2011 to 2012 financial year saw the largest percent change in GDP at 3.1%, signaling a strong and growing economy.
Tennessee: Total Personal Consumption Expenditure (2012–2014)
Personal consumption expenditure is the primary measure of consumer spending on goods and services and is a primary engine driving economic growth. Tennessee’s personal consumption expenditure grew from $0.198 trillion in 2012 to $0.21 trillion in 2014. From 2013 to 2014, total personal consumption expenditure grew by 3.8%.
Tennessee: State Government Finances (2013)
In 2013, the government of Tennessee collected $13.39 billion and spent $32.949 billion, resulting in a difference of $19.56 billion. Revenue is sourced from federal and local taxes, sales tax, and individual and corporate taxes. Expenditures include education, welfare, highways, police, and other social services.
Tennessee: Total Economic Impact of EB-5 Investments (2013)
In Tennessee, EB-5 investment has supported the direct creation of 1,150 jobs. These jobs were the result of roughly $54.27 million in direct investment from EB-5 projects, contributing $148.90 million to the state’s GDP. EB-5 investment in Tennessee also contributed $12.88 million to federal revenue and $5.88 million to Tennessee state government and local municipal revenue.
Tennessee: New Privately Owned Housing Units Authorized by Building Permits in Permit-Issuing Places
Since 2009, Tennessee has seen increased growth of privately owned housing units, both in new buildings and housing units. In 2014, roughly 22,000 privately owned units were authorized by building permits. Most of these units are in Tennessee’s largest cities, which include Nashville, Memphis, Knoxville, Chattanooga, and Clarksville.