EB-5 Regional Center in Tucson, Arizona
If you’re considering an EB-5 project in Tucson, Arizona, contact us to learn more about the benefits of being a business affiliate of the EB5 Affiliate Network (EB5AN) regional center in Arizona, which has been approved by U.S. Citizenship and Immigration Services (USCIS). Tucson is a prime spot for an EB-5 project, as every neighborhood in the city is covered by the EB5AN regional center in Arizona, including Iron Horse and West University.
What you get by affiliating your EB-5 project with the EB5AN regional center in Arizona
EB-5 regional center affiliation holds three key benefits.
1. Start raising capital for your EB-5 project in Tucson without delay.
If you are pursuing an EB-5 project in Tucson, your affiliation with EB5AN will empower you to generate EB-5 investment funds right away from any Tucson location. The Arizona EB5AN regional center has geographic coverage of the entire state. USCIS has approved numerous EB-5 regional centers for EB5AN, all of which are listed on the USCIS website.
2. Use indirect jobs to bolster job creation numbers needed to comply with the EB-5 requirement of 10 jobs per EB-5 investor.
You can combine direct and indirect job totals if your EB-5 project is affiliated with any of the EB5AN regional centers. By using both direct and indirect job creation, your job totals will be more substantial, enabling project developers to fundraise more effectively. EB-5 projects with no regional center affiliation can count only employees that have been on the payroll for at least two full years.
3. Let our experienced team complete the EB5AN affiliation process so you can begin pursuing EB5 investment capital.
- The total of EB-5 eligible jobs your project generates
- The quantity of EB-5 capital your project can support
- The criteria your project meets for Tucson EB-5 regional center affiliation
Three weeks to complete the I-924 application and your Tucson EB-5 regional center will be ready
The successful completion of an I-924 application for a new EB-5 regional center requires a thorough understanding of the form’s complex parts. Through our vast experience, EB5AN has earned a reputation for skillfully completing I-924 applications. We understand the form’s business, legal, and economic components and the typical errors that can occur. We can also advise you on the USCIS adjudication process. We have more than 300 USCIS-compliant business plans and economic impact studies to our credit, and we offer regional center coverage in more than 20 states.
Learn how we can secure swift approval for your EB-5 regional center. Contact EB5AN; we promise a response within 24 hours.
Determining targeted employment areas in Tucson
Because targeted employment area (TEA) designation holds numerous benefits for EB-5 projects, 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 Tucson, 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.
Tucson’s strong economy
Tucson attracts hundreds of thousands of visitors, students at universities, and investors every year, thanks to acclaimed landmarks such as Sonora Desert Museum and well-known institutions such as the University of Arizona. Tourists and students travel to Tucson from around the world. The EB-5 Regional Center Program has been endorsed by the city of Tucson, which views the program as a sterling opportunity for foreign investors and a boost to the U.S. economy.
Through the EB5AN State of Arizona EB-5 regional center, which covers Pima County (including the Old Pueblo), qualified foreign investors seeking permanent resident status in the U.S. can invest in a USCIS-approved EB-5 regional center. This regional center covers Tucson and nearby areas such as Sahuarita, Oro Valley, and Catalina Foothills.
Arizona population breakdown and income demographics
With a population of 530,706 and covering 236.5 square miles, Tucson, Arizona, has a population density of 2,299 people per square mile, making it the 534th-most densely populated city in the nation.
With its large population, Tucson would benefit from your EB5 project affiliating with the USCIS-approved EB5AN Arizona regional center. The community benefit your project creates would include full-time jobs and a subsequent reduction in unemployment.