EB5 Affiliate Network State of Maryland Regional Center
Geographic Coverage: All 23 Counties in the State of Maryland
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Benefits of Affiliation with our Maryland EB-5 Regional Center
Immediate Ability to Raise EB-5 Capital in Maryland
Business affiliates of EB5 Affiliate Network, including our Maryland 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 Maryland EB-5 Regional Center
Our Team Will Complete Your I-924 Application for a Maryland 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 Maryland for EB-5 Maryland Regional Center Projects
Please visit our EB-5 TEA Map to determine if your Maryland 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 Maryland EB-5 regional center project is located in a TEA, you can request a formal TEA designation letter from the appropriate Maryland 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 Maryland, please contact us directly by phone at 1-800-288-9138 or via e-mail at firstname.lastname@example.org.
About the State of Maryland and the Economic Climate of our EB-5 Maryland Regional Center
Our Maryland 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 23 counties in the state of Maryland.
The EB-5 Regional Center Program has been endorsed by Maryland Governor Larry Hogan, Senator Barbara Mikulski, Senator Ben Cardin, and several United States Congressmen representing districts within the state of Maryland 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 Maryland EB-5 regional center such as the EB5 Affiliate Network State of Maryland Regional Center.
Maryland: Population and Income Demographics
According to the 2010 U.S. Census, the state of Maryland had a population of approximately 4.6 million people over the age of 16. Of this, there are approximately 3.2 million people in the labor force, with 2.9 million who are employed and 261 thousand who are unemployed. These population numbers represent approximately 2.1 million households in the state of Maryland.
Maryland: Unemployment Trends
Unemployment statistics for the state of Maryland in 2015 show average unemployment at 5.2%. Monthly unemployment rates in the state of Maryland in 2015 were 5.1% for October 2015, 5.0% for November 2015, and 4.6% for December 2015.
The state of Maryland covers an area of 12,407 square miles, with a width of 101 miles and a length of 249 miles. This implies a population density of 610.8 people/square mile, which makes Maryland the 5th most densely populated state in the United States.
The capital of the state of Maryland is Annapolis, the largest city is Baltimore, and the largest metro area is the Baltimore-Washington metro area. The Gross Domestic Product (GDP) of the state of Maryland in 2010 was $295 billion. This implies a CAGR ’00-’10 rate of 4.90% and a per capita GDP of $45,878. Maryland has the 15th-largest economy in the United States today by GDP.
Maryland’s economy takes advantage of the close location of the center of the government in Washington, D.C. and emphasizes technical and administrative tasks for the defense/aerospace industry and bio-research laboratories, as well as staffing of satellite government headquarters in the suburban or exurban Baltimore/Washington area.
In addition, a number of educational and medical research institutions are located in Maryland. In fact, the various components of The Johns Hopkins University and its medical research facilities are now the largest single employer in the Baltimore area. Altogether, white collar technical and administrative workers comprise 25% of Maryland’s labor force, attributable in part to Maryland being a part of the Washington metro area, where the federal government office employment is relatively high.
Maryland State Government & EB-5 Investment Financial and Employment Statistics
Maryland: Real gross domestic product (GDP) for 2011-2014
From 2011 – 2014, Maryland GDP grew by 0%, with an average annual GDP growth of 0.8%. In 2014, Maryland real GDP was $0.32 trillion dollars, the fifteenth in the U.S. 2010-2011 saw the largest percent change in GDP at 1.3%, signaling a strong and growing economy.
Maryland: 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. Maryland personal consumption expenditures grew from $0.23 trillion in 2012 to $0.25 trillion in 2014. From 2013 – 2014, total personal consumption expenditure grew by 4.2%.
Maryland: State government finances (2013)
In 2013, the government of Maryland collected $41.8 billion in and spent $39.56 billion, resulting in a net difference of $2.25 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.
Maryland: Total economic impact of EB-5 investments (2013)
In Maryland, EB-5 investment has supported the direct creation of 2,042 jobs. These jobs were the result of roughly $133 million in direct investment from EB-5 projects, contributing $180.32 million to the state’s GDP. EB-5 investment in Maryland also contributed $28.54 million to federal revenue and $16.47 million to Maryland state government and local municipal revenue.
Maryland: New privately-owned housing units authorized by building permits in permit-issuing places
Since 2009, Maryland 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 Maryland’s largest cities, which include Baltimore, Columbia, Germantown, Silver Spring, and Waldorf.
The EB5 Affiliate Network State of Maryland Regional Center covers the entire state of Maryland, including three of the largest cities in the state. Baltimore is the largest city in the state and a major center for tourism and travel. Frederick is the sixth-largest city in Maryland and home to the National Museum of Civil War Medicine, with immersive exhibits on battlefield medical care. Gaithersburg is the fourth-largest incorporated city in the state and is noted for its ethnic and economic diversity; in 2016, WalletHub ranked it first among the 313 largest U.S. cities for ethnic diversity and second for social class diversity.