It’s hard to understand why there aren’t more positive articles being written about the EB-5 program.
The EB-5 Immigrant Investor Program offers foreign nationals the opportunity to invest in job creating initiatives in the United States in return for the opportunity to lawfully immigrate to the United States. If the initiative is successful, the investors may obtain permanent residency.
NES Financial has been engaged on more than 250 EB-5 projects which, once fully funded, will represent over $10B in EB-5 capital. Just meeting the minimum of 10 jobs created per investor, this means that our current client base will create over 200,000 jobs. It is also important to note that unlike any other government job-creating program, these jobs will be at ZERO cost to U.S. taxpayers.
Because of the immigration benefit that the job creating entity is delivering, the cost of EB-5 capital can be significantly lower than traditional funding sources. As a result, significant cost savings are being realized, enabling more development and even more job creation.
A typical development project can end up saving over 8% in financing charges on the EB-5 portion of the capital raised. This means that our clients could save over $800M in loan servicing costs in completing their projects utilizing the EB-5 Capital Administration suite.
How can this be viewed as anything but good news all around? Jobs are being created at no cost to U.S. taxpayers, and businesses are saving money, enabling them to rapidly reinvest and grow. These savings will be redeployed into additional projects creating even more economic growth for the future.
NES Financial welcomes your questions and opinions. Allow us to address your business needs by contacting us. We look forward to hearing from you!