EB5 Affiliate Network State of West Virginia Regional Center
Geographic Coverage: Select counties in the State of West Virginia
now to learn more about becoming a business affiliate
Benefits of Affiliation with our West Virginia EB-5 Regional Center
Immediate Ability to Raise EB-5 Capital in West Virginia
Business affiliates of EB5 Affiliate Network, including our West Virginia 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 West Virginia EB-5 Regional Center
Our Team Will Complete Your I-924 Application for a West Virginia 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 West Virginia for EB-5 West Virginia Regional Center Projects
Please visit our EB-5 TEA Map to determine if your West Virginia 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 West Virginia EB-5 regional center project is located in a TEA, you can request a formal TEA designation letter from the appropriate West Virginia 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 West Virginia, please contact us directly by phone at 1-800-288-9138 or via e-mail at firstname.lastname@example.org.
About the State of West Virginia and the Economic Climate of our EB-5 West Virginia Regional Center
Our West Virginia 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 selected counties in the state of West Virginia.
The EB-5 Regional Center Program has been endorsed by West Virginia Governor Earl Ray Tomblin, Senator Joe Manchin, Senator Shelley Moore Capito, and several United States Congressmen representing districts within the state of West Virginia 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 West Virginia EB-5 regional center such as the EB5 Affiliate Network State of West Virginia Regional Center.
West Virginia: Population and Income Demographics
According to the 2010 U.S. Census, the state of West Virginia had a population of approximately 1.5 million people over the age of 16. Of this, there are approximately 826 thousand people in the labor force, with 756 thousand who are employed and 69 thousand who are unemployed. These population numbers represent approximately 741 thousand households in the state of West Virginia.
West Virginia: Unemployment Trends
Unemployment statistics for the state of West Virginia in 2015 show average unemployment at 6.8%. Monthly unemployment rates in the state of West Virginia in 2015 were 5.6% for October 2015, 5.6% for November 2015, and 5.9% for December 2015.
The state of West Virginia covers an area of 24,230 square miles, with a width of 130 miles and a length of 240 miles. This implies a population density of 77.1 people/square mile, which makes West Virginia the 29th most densely populated state in the United States.
The capital of the state of West Virginia, the largest city is Charleston, and the largest metro area is the Huntington metropolitan area. The Gross Domestic Product (GDP) of the state of West Virginia in 2010 was $65 billion. This implies a CAGR ’00-’10 rate of 4.55% and a per capita GDP of $30,217. West Virginia has the 39th-largest economy in the United States today by GDP.
The economy of West Virginia would nominally have the 62nd-largest economy globally, behind Iraq and ahead of Croatia, according to 2009 World Bank projections and the 64th largest, behind Iraq and ahead of Libya, according to 2009 International Monetary Fund projections. The state of West Virginia had a projected nominal GSP of $63.34 billion in 2009, according to the Bureau of Economic Analysis report of November 2010, and a real GSP of $55.04 billion. The real GDP growth of the state in 2009 of .7% was the 7th best in the country. West Virginia was only one of ten states in 2009 that grew economically.
West Virginia State Government & EB-5 Investment Financial and Employment Statistics
West Virginia: Real gross domestic product (GDP) for 2011-2014
From 2011 – 2014, West Virginia GDP grew by 0%, with an average annual GDP growth of 1.3%. In 2014, West Virginia real GDP was $0.07 trillion dollars, the fortieth in the U.S. 2013-2014 saw the largest percent change in GDP at 5.1%, signaling a strong and growing economy.
West Virginia: 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. West Virginia personal consumption expenditures grew from $0.06 trillion in 2012 to $0.06 trillion in 2014. From 2013 – 2014, total personal consumption expenditure grew by 0%.
West Virginia: State government finances (2013)
In 2013, the government of West Virginia collected $14.6 billion in and spent $13.2 billion, resulting in a net difference of $1.3 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.
West Virginia: New privately-owned housing units authorized by building permits in permit-issuing places
Since 2009, West Virginia has seen an increased growth of privately-owned housing units both in new buildings and housing units. In 2014, roughly 300 privately-owned units were authorized by building permits. Most of these units are constructed in West Virginia’s largest cities, which include Charleston, Huntington, Morgantown, Parkersburg, and Wheeling.