Hilo EB-5 Regional Center Affiliation
The city of Hilo, including Waiakea, Waimea, and Mokaoku, lies within the geographic scope of the EB5 Affiliate Network (EB5AN) State of Hawaii Regional Center. To find out more about affiliating your EB-5 project in Hilo with the EB5AN regional center, contact EB5AN today.
Why rent the EB5AN regional center with coverage of Hawaii for your EB-5 project in Hilo?
When you affiliate your project with our EB-5 regional center, you gain…
1. Freedom to raise EB-5 capital anywhere in Hilo
Affiliation with this regional center will allow you to raise EB5 investment capital for your project anywhere in Hawaii, including any part of Hilo. Like all EB5AN’s regional centers, the Hawaii regional center has been approved by U.S. Citizenship and Immigration Services (USCIS) and appears on the USCIS list of approved regional centers.
2. An incentive for EB-5 investors to contribute funds to your project
Since the EB-5 program requirements specify a minimum of 10 full-time jobs created by each investor, projects that make fulfilling the requirement easy are more attractive to investors. EB-5 regional center projects can count direct, indirect, and induced jobs toward the requirement, unlike direct EB-5 investment projects, which can count only direct jobs.
3. The assistance of a team of experts to expedite the regional center affiliation process
Becoming an affiliate doesn’t have to be a long process. We’ll work side by side with you to assess your project’s
- potential to create jobs,
- ability to support EB-5 capital, and
- suitability for sponsorship by our Hilo regional center
Once your regional center affiliation is complete, you can begin raising EB-5 capital without delay through our Hilo EB-5 regional center.
In only three weeks, we will prepare your I-924 application to form a new Hilo EB-5 regional center.
Form I-924, Application for Regional Center Designation Under the Immigrant Investor Program, requires detailed documentation from several disciplines, including legal documents, economic reports, and business plans. EB5AN’s extensive experience includes setting up regional center coverage in more than 20 states and the completion of several hundred business plans and economic impact studies according to USCIS standards. We have the resources and the expertise to prepare your application for USCIS adjudication within just three weeks.
To find out how we can expedite Form I-924 completion for your EB-5 regional center, contact our team. Within 24 hours, we’ll answer your questions.
Is your Hilo EB-5 project in a targeted employment area (TEA)?
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects in Hilo 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 Hilo, 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 firstname.lastname@example.org. We promise to respond within 24 hours.
Hilo and its economy are blossoming.
Hilo, the Orchid Capital of the World, offers tourists breathtaking views with landmarks such as Akaka Falls State Park and the Hawaii Tropical Botanical Garden. The University of Hawaii at Hilo brings both U.S. and international students to the Big Island to study for health care and communications careers. Hilo has also attracted EB-5 investors by welcoming the EB-5 Regional Center Program as a contributor to economic prosperity in the region.
The USCIS-approved EB5AN State of Hawaii EB-5 regional center with geographic coverage of Hilo provides the means for immigrant investors to subsidize beneficial development projects in Hilo while gaining U.S. permanent residency. This regional center covers all of Hawai’i County, including Puna, Pahoa, Honokaa, and other towns.
Hawaii population breakdown and income demographics
With more than 45,000 people, Hilo is the largest city on the Big Island. It’s also the closest city to the popular Volcanoes National Park. By affiliating your EB-5 project with our USCIS-approved EB5AN regional center in Hawaii, you’ll generate employment opportunities for Hilo’s people and help promote economic development in this community.