NES Financial exhibited at the 3rd Annual IIUSA EB-5 International Investment and Economic Development Forum on June 19th in Las Vegas, NV. We were excited to see the largest turnout in history for the IIUSA conference event, a clear indicator of the growth in the EB-5 market. Reid Thomas, NES Financial Executive Vice President, gave a well-received presentation on the benefits of using escrows for EB-5 Investments and the new suite of EB-5 Escrow Administration Solutions NES Financial provides. Our new suite builds upon our industry leading escrow solutions and provides extensive benefits to both Regional Centers and their investors. With this NES Financial offering, Regional Centers can depend on us to manage and track the flow of investor funds through the entire immigration process.
This efficiency gain saves the Regional Center significant operating expenses and helps them meet the compliance requirements of today and post immigration reform. From an investor standpoint, the solution provides 24/7 transparency into the status of their investment. This ongoing tracking and reporting capability mitigates complexity in a key requirement with I-829 applications, providing detailed reporting of fund allocation tracking throughout the EB-5 escrow process.
It was great to hear our existing and prospective clients so excited about our new services. NES Financial also hosted an event for about 100 of its clients and partners at Lagasse’s Stadium to watch game seven of the Miami Heat vs. San Antonio Spurs. Check out some of the pictures from the event on our Twitter account. We would also like to congratulate Spencer Lee of CMB Regional Center for winning our iPad Mini raffle!
We would like to thank IIUSA and all its members for a world-class conference, and we are excited to be exhibiting at the IIUSA/AmCham South China: US Delegation to 17th Annual China International Fair for Trade and Investment event in September.
NES Financial welcomes your questions and opinions. Allow us to address your business needs by contacting us. We look forward to hearing from you!