Benefits of Affiliation with our Hawaii EB-5 Regional Center
Immediate Ability to Raise EB-5 Capital in Hawaii
Business affiliates of EB5 Affiliate Network, including our Hawaii 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 Hawaii EB-5 Regional Center
Our Team Will Complete Your I-924 Application for a Hawaii 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 Hawaii for EB-5 Hawaii Regional Center Projects
Please visit our EB-5 TEA Map to determine whether your Hawaii 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 Hawaii 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 Hawaii, 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 State of Hawaii and the Economic Climate of our EB-5 Hawaii Regional CenterRegional Center
Our Hawaii 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 five counties in the State of Hawaii.
Historically, several elected Hawaii 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 Hawaii EB-5 regional center such as the EB5 Affiliate Network Hawaii Regional Center.
Hawaii: Population and Income Demographics
According to the 2010 U.S. Census, Hawaii has a population of approximately 1.1 million people over the age of 16. Of this, there are approximately 729,000 people in the labor force, with 640,000 who are employed and 49,000 who are unemployed. These population numbers represent approximately 450,000 households.
Hawaii: Unemployment Trends
Unemployment statistics for 2015 show average unemployment at 3.7%. Monthly unemployment rates were 3.4% for October 2015, 3.2% for November 2015, and 2.9% for December 2015.
Hawaii covers an area of 10,931 square miles, with a length of 1,522 miles. This implies a population density of 218.6 people per square mile, which makes Hawaii the 13th-most densely populated state in the United States.
The capital and largest city of Hawaii is Honolulu, and the largest metro area is the Oahu metropolitan area. The state’s gross domestic product (GDP) in 2010 was $67 billion. This implies a compound annual growth rate from 2000 to 2010 of 4.90% and a per capita GDP of $43,615. Hawaii has the 38th-largest economy in the United States by GDP.
The history of Hawaii’s economy can be traced through a succession of dominant industries: the sandalwood, whaling, sugarcane, pineapple, military, tourism, and education industries. Since statehood in 1959, tourism has been the largest industry in Hawaii, contributing 24.3% of the gross state product (GSP) in 1997, despite efforts to diversify. Hawaii’s gross output for 2003 was $47 billion; per capita income was $30,441. Hawaiian exports include food and clothing. These industries play a small role in the Hawaiian economy due to the shipping distance to viable markets such as the West Coast of the continental U.S. The state’s food exports include coffee, macadamia nuts, pineapples, livestock, sugarcane, and honey.
Hawaii State Government & EB-5 Investment Financial and Employment Statistics
Hawaii: Real GDP (2011–2014)
From 2011 to 2014, Hawaii’s average annual GDP growth was 1.3%. In 2014, Hawaii’s real GDP was $0.07 trillion, ranked 38th in the U.S. The 2010–2011 financial year saw the largest percent change in GDP at 1.6%, signaling a strong and growing economy.
Hawaii: 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. Hawaii’s personal consumption expenditure grew from $0.05 trillion in 2012 to $0.06 trillion in 2014.
Hawaii: State Government Finances (2013)
In 2013, Hawaii collected $12.94 billion and spent $11.48 billion, resulting in a net difference of $1.47 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.
Hawaii: Total Economic Impact of EB-5 Investments (2013)
In Hawaii, EB-5 investment has supported the direct creation of 180 jobs. These jobs were the result of roughly $17 million in direct investment from EB-5 projects, contributing $18.53 million to the state’s GDP. EB-5 investment in Hawaii also contributed $2.35 million to federal revenue and $1.07 million to Hawaii state government and local municipal revenue.
Hawaii: New Privately Owned Housing Units Authorized by Building Permits in Permit-Issuing Places
Since 2009, Hawaii has seen an increased growth of privately owned housing units both in new buildings and housing units. In 2014, roughly 700 privately owned units were authorized by building permits. Most of these units are in Hawaii’s largest cities, which include Honolulu, Pearl City, Hilo, Kailua, and Waipahu.
The EB5 Affiliate Network State of Hawaii Regional Center covers the entire state of Hawaii, including the two largest cities. Honolulu on the island of Oahu, is the capital and largest city of the state of Hawaii. Hilo is a city on Hawaii, commonly called the Big Island, and is home to Hawaii Volcanoes National Park.