Kansas City, MO, August 01, 2014 --(PR.com
)-- Midwest companies have a new tool to attract investors and create jobs; the United States Citizenship and Immigration Service (USCIS) has approved Ozark Mountains Regional Center (OMRC). Regional Centers are authorized under the EB-5 (Employment Based, Fifth Preference) Visa Program, which is designed to attract immigrants to the US by providing green cards and a path to citizenship in exchange for an investment in a commercial enterprise that creates at least 10 “new” jobs for US workers. These “new” jobs include direct, indirect, and induced jobs if the project is administered through a regional center like OMRC. If a project is located in a rural or high unemployment area, a $500,000 investment is required ($1 million elsewhere).
OMRC plans to attract foreign capital to develop new commercial enterprises and job-creating entities in the Midwest. Real estate developers, in particular, have turned to EB-5 in recent years, as traditional sources of investment and debt capital have dried up. A significant portion of the capital stack may be raised through EB-5, especially in projects that create many jobs, such as hospitality, assisted living, manufacturing, retail, medical facilities, to name just a few.
Through the EB-5 program, a foreign investor may immigrate with his/her immediate family to the US. An EB-5 regional center investor may live anywhere in the US that he/she desires, plus EB-5 represents one of the quickest paths to legal residency in the U.S.
For more information, visit www.ozarkeb5.com or call Cynthia Lonergan at 573.723.1499.