EB5 Affiliate Network’s EB-5 Regional Center in Milpitas
EB5 Affiliate Network (EB5AN) has a fully approved EB-5 regional center in California that covers all of Milpitas, including all of Santa Clara County.
If you’re planning an EB-5 project based in Milpitas, California, contact the EB5AN team to learn how to become an EB5AN business affiliate to simplify the EB-5 process for you and your investors.
Affiliating your EB-5 project with the EB5AN State of California EB-5 Regional Center gives you several advantages
1. You will be able to start raising EB-5 capital immediately, anywhere in Milpitas
Since EB5AN’s State of California Regional Center has geographic coverage of all of California, you can begin raising your EB-5 capital anywhere in Milpitas as soon as your affiliation is complete. EB5AN currently has numerous Immigrant Investor Regional Centers throughout the country, all of which have been approved by United States Citizenship and Immigration Services (USCIS). A complete list appears on the USCIS website..
2. You can use indirect jobs to meet the 10-job requirement for each investor
The EB-5 program regulations mandate that each EB-5 investor create at least ten 24-month full-time jobs for U.S. workers through their investment. Affiliating your project with one of our approved regional centers means that you can include indirect jobs along with direct employees in that total, giving you a higher job count and allowing you to raise a substantially greater amount of EB-5 investment capital. If you don’t affiliate your project with a USCIS-approved regional center, you can only include direct employees of the new enterprise in your job total.
3. You can start raising EB-5 capital sooner
If time is of the essence, our team of EB-5 experts will help you completely the regional center affiliation process so you can get started right away. We can help you figure out how many eligible jobs your project is projected to create, how much EB-5 capital your project can reasonably handle, and if your project plan is consistent with EB5AN’s affiliation criteria.
We can finish and submit your I-924 application within 21 days to help you form your own EB-5 regional center in Milpitas
Not only does EB5AN offer regional center affiliation for EB-5 projects, but we can also help you through the process of forming your own regional center. You will need to complete and submit Form I-924 to get your own regional center approved. EB5AN has the experience and resources necessary to guide you through the application and help you avoid common pitfalls. We can also answer any questions you have about the USCIS adjudication process.
Contact us for information on how EB5AN can help you get your EB-5 regional center up and running. As always, we will respond within 24 hours.
Is your EB-5 project in a targeted employment area?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Milpitas 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 Milpitas, 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.
The bustling city of Milpitas is an ideal location for your EB-5 regional center project.
Milpitas ranks first in the country for the number of people employed in the computer and electronics industry. Manufacturing plants serve as the primary employers in the area, including Flex, Linear Technologies, and Headway Technologies. Both research and manufacturing take place here, in the tradition of San Francisco’s rich technological history.
The area also boasts a rich arts community. The Milpitas Alliance for the Arts has been active since 1997, funding and promoting public murals, plays, and sculptures. The Art in Your Park project set up numerous sculptures in public parks around the city. Every August, the Celebrate Milpitas Festival brings together musical performance, craft arts, and food.
The EB5AN EB-5 regional center in California covers the entire area of Santa Clara County. Through our regional center, foreign investors seeking green cards can invest in an EB-5 project through a USCIS-approved regional center that covers all of Milpitas including the surrounding areas of South Bay, East Bay, and Fremont.
California population breakdown and income demographics
Milpitas has a population of about 77,000 people and remains one of the more densely populated areas of California, given its location in the prized Bay Area. With a median household income of $99,000 per year, Milpitas is a wealthier area, but a large income gap creates disparity between the haves and have nots, and the city could still benefit from outside development projects.
Milpitas fully supports the EB-5 Regional Center Program as a way for investors to legally migrate to the United States while boosting the U.S. economy at the same time. Milpitas’ prime location makes it an ideal placement for your EB-5 project. Affiliating your project with EB5AN would create full-time jobs for this community, reducing the unemployment rate and benefitting the residents of Milpitas and surrounding areas.
Contact us today for more information about setting up your own USCIS-approved EB-5 regional center or affiliating with the EB5AN State of California EB-5 Regional Center.
You can reach us by phone at 1-800-288-9138 or by e-mail at info@EB5AN.com. We look forward to hearing from you and are happy to answer any questions you may have.