EB5 Affiliate Network Commonwealth of Massachusetts Regional Center
Geographic coverage: All 14 counties in the Commonwealth of Massachusetts
View the official regional center designation letter for the EB5AN Massachusetts Regional Center.
Contact us 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 USCIS-approved regional centers.
Indirect Job Creation Calculations
Business affiliates of our regional centers can calculate job creation through both direct and indirect job methodologies. This leads to higher job creation figures than direct non-regional center calculations of actual payroll employees.
Regional Center Affiliation Process
The regional center affiliation process can be a fast solution and a great fit for those looking to begin a project immediately. The benefits of affiliating with a regional center make this an excellent choice for many project developers.
Our experienced team will work with you to understand whether EB-5 funding is a good fit for your project and whether you qualify to affiliate with our regional centers.
Let Us Help You to Create Your Own Massachusetts EB-5 Regional Center
Our Team Will Complete Your I-924 Application for a Massachusetts EB-5 Regional Center in Three Weeks
EB5AN has obtained full state regional center coverage in multiple states and has completed more than 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 USCIS.
Targeted Employment Area (TEA) Qualification Report in Massachusetts for EB-5 Massachusetts Regional Center Projects
Please visit our EB-5 TEA Map to determine whether your Massachusetts EB-5 regional center project’s location qualifies as a rural or high unemployment targeted employment area (TEA).
Click image to view the TEA map and instantly download a free TEA qualification report.
Because TEA designation is crucial to the success of many EB-5 projects, it is important to understand how USCIS reviews TEA designation requests. Once you determine whether your Massachusetts EB-5 regional center project is located in a TEA, you can prepare a TEA report yourself. The free downloadable report available through the EB5AN TEA map is also suitable for submission to USCIS.
If you still need assistance with preparing your EB-5 TEA report for your EB-5 regional center project in Massachusetts, please contact the EB5AN team directly by phone at 1-800-288-9138 or via e-mail at firstname.lastname@example.org, or simply order an EB-5 TEA Qualification Report.
About the Commonwealth 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 through an investment in a USCIS-approved EB-5 regional center with geographic coverage of all 14 counties in the Commonwealth of Massachusetts.
Historically, several elected Massachusetts public officials, including senators and congressional representatives, have endorsed the EB-5 regional center program as a great opportunity for the U.S. economy and for foreign investors who want to immigrate to the United States and invest in a USCIS-approved Massachusetts EB-5 regional center such as the EB5 Affiliate Network Massachusetts Regional Center.
Massachusetts: Population and Income Demographics
According to the 2010 U.S. Census, Massachusetts has 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 323,000 who are unemployed. These population numbers represent approximately 2.5 million households.
Massachusetts: Unemployment Trends
Unemployment statistics for 2015 show average unemployment in Massachusetts at 4.7%. Monthly unemployment rates were 4.5% for October 2015, 4.5% for November 2015, and 4.6% for December 2015.
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 per square mile, which makes Massachusetts the third-most densely populated state in the United States.
The capital and largest city of Massachusetts is Boston, and the largest metro area is Greater Boston. The gross domestic product (GDP) of Massachusetts in 2010 was $379 billion. This implies a compound annual growth rate from 2000 to 2010 of 3.34% and a per capita GDP of $52,251. Massachusetts has the 12th-largest economy in the United States 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 sixth-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 GDP (2011–2014)
From 2011 to 2014, Massachusetts’s GDP grew by 5%, with an average annual GDP growth of 1.9%. In 2014, Massachusetts’s real GDP was $0.42 trillion, ranked 11th in the U.S. The 2013–2014 financial year saw the largest percent change in GDP at 2.3%, signaling a strong and growing economy.
Massachusetts: Total Personal Consumption Expenditure (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’s personal consumption expenditure grew from $0.3 trillion in 2012 to $0.32 trillion in 2014. From 2013 to 2014, total personal consumption expenditure grew by 3.2%.
Massachusetts: State Government Finances (2013)
In 2013, the government of Massachusetts collected $55.44 billion 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 eight 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 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 in Massachusetts’s largest cities, which include Boston, South Boston, Worcester, Springfield, and Lowell.
The EB5 Affiliate Network Commonwealth 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.”