EB5 Affiliate Network Commonwealth of Massachusetts Regional Center
Geographic Coverage: All 14 Counties in the Commonwealth of Massachusetts
now to learn more about becoming a business affiliate
Benefits of Affiliation with our Massachusetts EB-5 Regional Center
Immediate Ability to Raise EB-5 Capital in Massachusetts
Business affiliates of EB5 Affiliate Network, including our Massachusetts 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 Massachusetts EB-5 Regional Center
Our Team Will Complete Your I-924 Application for a Massachusetts EB-5 Regional Center in 3 Weeks
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.
Targeted Employment Area (TEA) Approval Letter in Massachusetts for EB-5 Massachusetts Regional Center Projects
Please visit our EB-5 TEA Map to determine if your Massachusetts 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 Massachusetts EB-5 regional center project is located in a TEA, you can request a formal TEA designation letter from the appropriate Massachusetts 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 Massachusetts, please contact us directly by phone at 1-800-288-9138 or via e-mail at firstname.lastname@example.org.
About the State of Massachusetts and the Economic Climate of our EB-5 Massachusetts Regional Center
Our Massachusetts 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 14 counties in the state of Massachusetts.
The EB-5 Regional Center Program has been endorsed by Massachusetts Governor Charlie Baker, Senator Elizabeth Warren, Senator Ed Markey, and several United States Congressmen representing districts within the state of Massachusetts 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 Massachusetts EB-5 regional center such as the EB5 Affiliate Network State of Massachusetts Regional Center.
Massachusetts: Population and Income Demographics
According to the 2010 U.S. Census, the state of Massachusetts had a population of approximately 5.4 million people over the age of 16. Of this, there are approximately 3.6 million people in the labor force, with 3.3 million who are employed and 323 thousand who are unemployed. These population numbers represent approximately 2.5 million households in the state of Massachusetts.
Massachusetts: Unemployment Trends
Unemployment statistics for the state of Massachusetts in 2015 show average unemployment at 4.7%. Monthly unemployment rates in the state of Massachusetts in 2015 were 4.5% for October 2015, 4.5% for November 2015, and 4.6% for December 2015.
The state of Massachusetts covers an area of 10,555 square miles, with a width of 183 miles and a length of 113 miles. This implies a population density of 858 people/square mile, which makes Massachusetts the 3rd most densely populated state in the United States.
The capital and largest city of the state of Massachusetts is Boston, and the largest metro area is Greater Boston. The Gross Domestic Product (GDP) of the state of Massachusetts in 2010 was $379 billion. This implies a CAGR ’00-’10 rate of 3.34% and a per capita GDP of $52,251. Massachusetts has the 12th largest economy in the United States today by GDP.
Thirteen Fortune 500 companies are located in Massachusetts, the largest of which are the Liberty Mutual Insurance Group of Boston and MassMutual Financial Services of Springfield. CNBC’s list of “Top States for Business for 2014” has recognized Massachusetts as the 25th best state in the nation for business. According to a 2013 study by Phoenix Marketing International, Massachusetts had the 6th-largest number of millionaires per capita in the United States, with a ratio of 6.73%.
Massachusetts State Government & EB-5 Investment Financial and Employment Statistics
Massachusetts: Real gross domestic product (GDP) for 2011-2014
From 2011 – 2014, Massachusetts GDP grew by 5%, with an average annual GDP growth of 1.9%. In 2014, Massachusetts real GDP was $0.42 trillion dollars, the eleventh in the U.S. 2013-2014 saw the largest percent change in GDP at 2.3%, signaling a strong and growing economy.
Massachusetts: 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. Massachusetts personal consumption expenditures grew from $0.3 trillion in 2012 to $0.32 trillion in 2014. From 2013 – 2014, total personal consumption expenditure grew by 3.2%.
Massachusetts: State government finances (2013)
In 2013, the government of Massachusetts collected $55.44 billion in and spent $56.77 billion, resulting in a net difference of -$1.33 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.
Massachusetts: Total economic impact of EB-5 investments (2013)
In Massachusetts, EB-5 investment has supported the direct creation of 8 jobs. These jobs were the result of roughly $0.5 million in direct investment from EB-5 projects, contributing $0.69 million to the state’s GDP. EB-5 investment in Massachusetts also contributed $0.11 million to federal revenue and $0.04 million to Massachusetts state government and local municipal revenue.
Massachusetts: New privately-owned housing units authorized by building permits in permit-issuing places
Since 2009, Massachusetts has seen an increased growth of privately-owned housing units both in new buildings and housing units. In 2014, roughly 2,000 privately-owned units were authorized by building permits. Most of these units are constructed in Massachusetts’s largest cities, which include Boston, South Boston, Worcester, Springfield, and Lowell.
The EB5 Affiliate Network State of Massachusetts Regional Center covers the entire state of Massachusetts, including the two largest cities in the state. Boston is the state’s capital and the largest city in New England; it is one of the most historic, wealthy, and influential cities in the United States. Worcester is the second-most-populous city in Massachusetts and is known as the “Heart of the Commonwealth.”