Chicago’s EB-5 Regional Center
The EB5 Affiliate Network (EB5AN) regional center situated in Illinois offers full EB-5 coverage to the state’s largest city, Chicago. All Chicago neighborhoods, from Near North Side to West Loop and everything else, are included. Contact EB5AN to learn more about the benefits of affiliating with our Illinois EB-5 regional center for your Chicago EB-5 project.
What are some of the valuable benefits of affiliation with our EB-5 regional center in Chicago?
The advantages of EB-5 regional center affiliation are manifold. Here are a few.
1. The ability to begin raising capital instantly.
If you have an EB-5 project in Chicago, we’re sure you’d like to start securing EB-5 capital as soon as possible. If you affiliate with EB5AN, you’ll be able to begin raising capital quickly, and since our regional center offers full coverage across the entire state of Illinois, your project can be located anywhere within the city! For the full list of our Immigrant Investor Regional Centers that have been approved by U.S. Citizenship and Immigration Services (USCIS), please visit the USCIS website.
2. Easier investment requirements.
To qualify for permanent U.S. residence through the EB-5 program, each investor must make an EB5 investment that creates at least 10 full-time, permanent jobs. This is a daunting task for direct investors because they are allowed to count only direct employment positions that last at least two years. However, the requirement differs significantly for EB-5 investments in projects sponsored by regional centers. For regional center projects, you can count both direct and indirect job creation, making it much easier to create enough jobs for multiple investors, ultimately leading to more capital for your EB-5 project in Chicago.
3. A quick affiliation process so you can concentrate on raising capital.
You want to get out there and start raising EB-5 capital immediately, so don’t waste time wading through bureaucratic forms. We’re extremely familiar with the regional center affiliation process and would be happy to guide you through it to save you time and frustration. We’ll help you determine whether your EB-5 project is suitable for affiliation with our Chicago regional center, and then, we’ll sit down with you to figure out your project’s potential for job creation and capital support. After that, you can commence raising capital right away.
Set up your very own EB-5 regional center in Chicago by letting us fill out your I-924 application in only three weeks.
Completing the I-924 application form to establish a new regional center is not a simple task. The form is rife with legal, economic, and business aspects, making it difficult to complete if you’re not already familiar with the process. Fortunately, we at EB5AN are highly familiar with it—we know the ins and outs of the form, including exactly how to avoid all its common pitfalls. We also have a firm grasp on the USCIS adjudication process, so we’re more than qualified to assist you with your I-924 application.
Having already completed hundreds of business plans and economic impact studies that complied with USCIS guidelines, EB5AN boasts a history of success, and with our own regional centers covering more than 20 states, we’re highly experienced.
Have questions about how we can help you swiftly attain USCIS approval for your EB-5 regional center? Fill out our contact form, and we’ll get back to you within 24 hours.
Find out whether Chicago qualifies as a targeted employment area (TEA).
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Chicago 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 Chicago, 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.
Chicago: Culturally exciting and economically thriving
As one of the best-known U.S. cities, Chicago draws in countless visitors annually, ranging from tourists to students to investors. Travelers wish to see in person famous sights such as Willis Tower, and the highly esteemed institutions of the University of Illinois at Chicago, DePaul University, and the University of Chicago are educating the next generation of youth from around the country and across the globe. Furthermore, having endorsed the EB-5 Regional Center Program, Chicago has also become a hot spot for foreign investors looking to start new lives in the United States of America.
The Windy City, as well as the surrounding areas of Buffalo Grove, Naperville, and Clarendon Hills, is fully covered by our EB5AN State of Illinois EB-5 regional center, which offers comprehensive coverage to Cook and DuPage Counties. Our Illinois EB5AN regional center represents a chance for eligible foreign investors to gain U.S. permanent residence by investing in a USCIS-approved EB-5 regional center project.
Illinois population breakdown and income demographics
A total of 201,110 people populate the 234.1 square miles of the city of Chicago, resulting in a population density of 11,900 people per square mile. With that, Chicago is the 29th-most densely populated city in the USA and, consequently, a fantastic location for your EB-5 regional center project.
Would you like to create real change in Chicago neighborhoods with your EB-5 project? Affiliating with EB5AN offers you the chance to do so. By fostering job creation, you’ll help lower Chicago’s unemployment rate, improving both the city’s economy and its inhabitants’ standard of living.
Ask us today how we can help you affiliate your EB-5 project with EB5AN or assist you with forming your own USCIS-approved EB-5 regional center.
Call 1-800-288-9138, or e-mail firstname.lastname@example.org. We’ll respond within one day.