EB5 Affiliate Network State of Illinois Regional Center
Geographic Coverage: All 102 Counties in the State of Illinois
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Benefits of Affiliation with our Illinois EB-5 Regional Center
Immediate Ability to Raise EB-5 Capital in Illinois
Business affiliates of EB5 Affiliate Network, including our Illinois 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 Illinois EB-5 Regional Center
Our Team Will Complete Your I-924 Application for an Illinois 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 Illinois for EB-5 Illinois Regional Center Projects
Please visit our EB-5 TEA Map to determine if your Illinois 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 Illinois EB-5 regional center project is located in a TEA, you can request a formal TEA designation letter from the appropriate Illinois 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 Illinois, please contact us directly by phone at 1-800-288-9138 or via e-mail at firstname.lastname@example.org.
About the State of Illinois and the Economic Climate of our EB-5 Illinois Regional Center
Our Illinois 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 102 counties in the state of Illinois.
The EB-5 Regional Center Program has been endorsed by Illinois Governor Bruce Rauner, Senator Dick Durbin, Senator Mark Kirk, and several United States Congressmen representing districts within the state of Illinois 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 Illinois EB-5 regional center such as the EB5 Affiliate Network State of Illinois Regional Center.
Illinois: Population and Income Demographics
According to the 2010 U.S. Census, the state of Illinois had a population of approximately 10 million people over the age of 16. Of this, there are approximately 6.7 million people in the labor force, with 6 million who are employed and 700 thousand who are unemployed. These population numbers represent approximately 4.8 million households in the state of Illinois.
Illinois: Unemployment Trends
Unemployment statistics for the state of Illinois in 2015 show average unemployment at 5.9%. Monthly unemployment rates in the state of Illinois in 2015 were 5.3% for October 2015, 5.8% for November 2015, and 5.9% for December 2015.
The state of Illinois covers an area of 57,914 square miles, with a width of 210 miles and a length of 395 miles. This implies a population density of 232 people/square mile, which makes Illinois the 12th most densely populated state in the United States.
The capital of the state of Illinois is Springfield, the largest city is Chicago, and the largest metro area is the Chicago metropolitan area. The Gross Domestic Product (GDP) of the state of Illinois in 2010 was $652 billion. This implies a CAGR ’00 -’10 rate of 3.22% and a per capita GDP of $45,302. Illinois has the 5th-largest economy in the United States today by GDP.
The economy of Illinois includes many industries. The Chicago metropolitan area in Illinois is home to many of the nation’s largest companies, including Boeing, McDonalds, Motorola, and United Airlines. The Chicago area economy headquarters a wide variety of financial institutions and is home to the largest futures exchange in the world, the Chicago Mercantile Exchange.
Illinois State Government & EB-5 Investment Financial and Employment Statistics
Illinois: Real gross domestic product (GDP) for 2011-2014
From 2011 – 2014, Illinois GDP grew by 3%, with an average annual GDP growth of 1.3%. In 2014, Illinois real GDP was $0.68 trillion dollars, the fifth in the U.S. 2011-2012 saw the largest percent change in GDP at 1.8%, signaling a strong and growing economy.
Illinois: 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. Illinois personal consumption expenditures grew from $0.47 trillion in 2012 to $0.5 trillion in 2014. From 2013 – 2014, total personal consumption expenditure grew by 4.2%.
Illinois: State government finances (2013)
In 2013, the government of Illinois collected $84.49 billion in and spent $75.32 billion, resulting in a net difference of $9.17 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.
Illinois: Total economic impact of EB-5 investments (2013)
In Illinois, EB-5 investment has supported the direct creation of 73 jobs. These jobs were the result of roughly $6 million in direct investment from EB-5 projects, contributing $6.5 million to the state’s GDP. EB-5 investment in Illinois also contributed $0.98 million to federal revenue and $0.4 million to Illinois state government and local municipal revenue.
Illinois: New privately-owned housing units authorized by building permits in permit-issuing places
Since 2009, Illinois has seen an increased growth of privately-owned housing units both in new buildings and housing units. In 2014, roughly 280 privately-owned units were authorized by building permits. Most of these units are constructed in Illinois’s largest cities, which include Chicago, Aurora, Rockford, Joliet, and Naperville.
The EB5 Affiliate Network State of Illinois Regional Center covers the entire state of Illinois, including the following cities in the state. Aurora is the second-largest city in the state, located about 35 miles west of Chicago. Chicago is a vibrant, sprawling metropolitan area well known for music, comedy, shopping, dining, sports, architecture, and premier cultural attractions. Springfield is the capital of Illinois, as well as the county seat of Sangamon County. Schaumburg is a city in the Chicago metropolitan area best known for the popular Woodfield Mall, the second-most-visited tourist attraction in Illinois. Des Plaines is a vibrant, diverse collection of residential, commercial, and industrial land usesthat encompasses roughly 15 square miles of land area just north of O’Hare International Airport. Naperville is the fourth-largest city in Illinois and consistently ranks among the top communities in the nation in which to live. Hoffman Estates s a diverse community of nearly 55,000 located along Interstate 90. Skokie is located on Chicago’s northern border and is known as “The World’s Largest Village.”