EB5 Affiliate Network State of Maryland Regional Center
Geographic coverage: All 23 counties in the State of Maryland
View the official regional center designation letter for the EB5AN Maryland Regional Center.
Contact us now to learn more about becoming a business affiliate.
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 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 Maryland EB-5 Regional Center
Our Team Will Complete Your I-924 Application for a Maryland 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 Maryland for EB-5 Maryland Regional Center Projects
Please visit our EB-5 TEA Map to determine whether your Maryland 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 Maryland 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 Maryland, 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 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 through an investment in a USCIS-approved EB-5 regional center with geographic coverage of all 23 counties in the State of Maryland.
Historically, several elected Maryland 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 Maryland EB-5 regional center such as the EB5 Affiliate Network Maryland Regional Center.
Maryland: Population and Income Demographics
According to the 2010 U.S. Census, Maryland has 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 261,000 who are unemployed. These population numbers represent approximately 2.1 million households.
Maryland: Unemployment Trends
Unemployment statistics for 2015 show average unemployment in Maryland at 5.2%. Monthly unemployment rates were 5.1% for October 2015, 5.0% for November 2015, and 4.6% for December 2015.
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 per square mile, which makes Maryland the fifth-most densely populated state in the United States.
The capital of Maryland is Annapolis, the largest city is Baltimore, and the largest metro area is the Baltimore–Washington metro area. In 2010, Maryland’s gross domestic product (GDP) was $295 billion. This implies a compound annual growth rate from 2000 to 2010 of 4.90% and a per capita GDP of $45,878. Maryland has the 15th-largest economy in the United States by GDP.
Maryland’s economy takes advantage of the close location of the center of the government in Washington, D.C. It focuses on technical and administrative jobs for the defense/aerospace industry and bio-research laboratories and the staffing of satellite government headquarters in the suburban or exurban Baltimore–Washington area.
In addition, several educational and medical research institutions are in Maryland. In fact, the various components of 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 federal government office employment is relatively high.
Maryland State Government & EB-5 Investment Financial and Employment Statistics
Maryland: Real GDP (2011–2014)
From 2011 to 2014, Maryland had an average annual GDP growth of 0.8%. In 2014, Maryland’s real GDP was $0.32 trillion, ranked 15th in the U.S. The 2010–2011 fiscal year saw the largest percent change in GDP at 1.3%, signaling a strong and growing economy.
Maryland: 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. In Maryland, personal consumption expenditure grew from $0.23 trillion in 2012 to $0.25 trillion in 2014. From 2013 to 2014, total personal consumption expenditure grew by 4.2%.
Maryland: State Government Finances (2013)
In 2013, the government of Maryland collected $41.8 billion 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 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 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.