EB5 Affiliate Network State of California Regional Center
Geographic Coverage: All 58 Counties in the State of California
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Benefits of Affiliation with our California EB-5 Regional Center
Immediate Ability to Raise EB-5 Capital in California
Business affiliates of EB5 Affiliate Network, including our California EB-5 Regional Center, can immediately begin raising EB-5 investment funds in any of the designated geographic areas that comprise our regional centers. Click here to view our official approval listed on the United States Citizenship and Immigration Services Website.
Indirect Job Creation Calculations
Business affiliates of our regional centers can calculate job creation through both direct and indirect job methodologies, leading to higher job creation figures than direct non-regional center calculations of actual payroll employees.
Regional Center Affiliation Process
The affiliation process can be a fast solution and a great fit for those looking to begin a project immediately.
Our experienced team will work with you to understand if EB-5 is a good fit for your project and if you qualify to affiliate with our regional centers.
Let Us Create Your Own California EB-5 Regional Center
Our Team Will Complete Your I-924 Application for a California EB-5 Regional Center in 3 Weeks with Refund Guarantee
EB5AN has obtained full state regional center coverage in multiple states and has completed over 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 the USCIS.
Working With Us Will Save You Time: Our I-924 Regional Center Application Processing Times are ~5 Months Below the USCIS Average
Targeted Employment Area (TEA) Approval Letter in California for EB-5 California Regional Center Projects
Please visit our EB-5 TEA Map to determine if your California EB-5 regional center project is located in a census tract that automatically qualifies as a Targeted Employment Area (TEA).
Click Image to View the TEA Map
To learn more about how USCIS reviews TEA designations and why is it important to obtain a TEA designation for an EB-5 project, please visit our main page on Targeted Employment Area (TEA) Designation.
Once you determine if your California EB-5 regional center project is located in a TEA, you can request a formal TEA designation letter from the appropriate California state agency. To view a list of all state agencies that issue EB-5 TEA letters, please visit EB-5 TEA State Agencies.
For easy-to-follow instructions on how to obtain an official EB-5 TEA letter, please visit How to Get a TEA Letter. Here you will also find a set of sample materials, including an official TEA letter and a set of analyses completed in support of a TEA letter request to a state agency certified to issue EB-5 TEA letters.
If you still need assistance with getting an official EB-5 TEA letter for your EB-5 regional center project in California, please contact us directly by phone at 1-800-288-9138 or via e-mail at firstname.lastname@example.org.
About the State of California and the Economic Climate of our EB-5 California Regional Center
Our California 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 of America through an investment in a USCIS-approved EB-5 regional center with geographic coverage of all 58 counties in the state of California.
The EB-5 Regional Center Program has been endorsed by California Governor Jerry Brown, Senator Dianne Feinstein, Senator Barbara Boxer, and several United States Congressmen representing districts within the state of California as a great opportunity for the United States economy and for foreign investors looking to immigrate to the United States of America and invest in a USCIS-approved California EB-5 regional center such as EB5 Affiliate Network State of California Regional Center.
California: Population and Income Demographics
According to the 2010 U.S. Census, the state of California had a population of approximately 29.5 million people over the age of 16. Of this, there are approximately 18.9 million people in the labor force, with 16.6 million who are employed and 2.2 million who are unemployed. These population numbers represent approximately 12.5 million households in the state of California.
California: Unemployment Trends
Unemployment statistics for the state of California in 2015 show average unemployment at 6.2%. Monthly unemployment rates in the state of California in 2015 were 5.7% for October 2015, 5.7% for November 2015, and 5.8% for December 2015.
The state of California covers an area of 163,696 square miles, with a width of 250 miles and a length of 770 miles. This implies a population density of 246 people/square mile which makes California the 11th most densely populated state in the United States.
The capital of the state of California is Sacramento, the largest city is Los Angeles, and the largest metro area is the Greater Los Angeles area. The Gross Domestic Product (GDP) of the state of California in 2010 was $1,901 billion. This implies a CAGR ’00-’10 rate of 3.74% and a per capita GDP of $46,488. California has the largest economy in the United States today by GDP.
The five largest sectors of employment in California are trade, transportation, and utilities; government; professional and business services; education and health services; and leisure and hospitality. In output, the five largest sectors in California are financial services; trade, transportation, and utilities; education and health services; government; and manufacturing.
California State Government & EB-5 Investment Financial and Employment Statistics
California: Real gross domestic product (GDP) for 2011-2014
From 2011 – 2014, California GDP grew by 7.65%, with an average annual GDP growth of 2.2%. In 2014, California real GDP was $2.11 trillion dollars, the highest of any state in the U.S. 2013-2014 saw the largest percent change in GDP at 2.8%, signaling a strong and growing economy.
California: Total personal consumption expenditures (2012-2014)
Personal consumption expenditure is the primary measure of consumer spending on goods and services and is a primary engine driving economic growth. California personal consumption expenditures grew from $1.39 trillion in 2012 to $1.48 trillion in 2014. From 2013 – 2014, total personal consumption expenditure grew by 4.4%.
California: State government finances (2013)
In 2013, the government of California collected $315.4 billion in and spent $283.6 billion, resulting in a net difference of $31.8 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.
California: Total economic impact of EB-5 investments (2013)
In California, EB-5 investment has supported the direct creation of 6,085 jobs. These jobs were the result of roughly $438 million in direct investment from EB-5 projects, contributing $572.65 million to the state’s GDP. EB-5 investment in California also contributed $84.12 million to federal revenue and $50.94 million to California state government and local municipal revenue.
California: New privately-owned housing units authorized by building permits
Since 2009, California has seen an increased growth of privately-owned housing units both in new buildings and housing units. In 2014, roughly 12,000 privately-owned units were authorized by building permits. Most of these units are constructed in California’s largest cities, which include Los Angeles, San Diego, San Jose, San Francisco, and Fresno.