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EB-5 Investor Visa Program New York

An Overview of EB-5 Projects and Regional Centers in New York and New York's Rural TEAs
EB 5 New York State Investor Visa Program

  

About EB 5 Investor Visa Program New York

The EB-5 Investor Visa Program in New York offers a gateway for foreign investors to participate in one of the most dynamic and diverse economies in the United States. This program facilitates the granting of U.S. visas to individuals investing a substantial amount in U.S. businesses, leading to the creation of American jobs. New York, with its myriad of investment opportunities spanning from real estate in Manhattan to tech startups in Silicon Valley, is a prime location for EB-5 investments that promise both economic growth and job creation.

eb 5 new york state regional center

New York's State Economy and Demographics

New York's economy is one of the largest in the world, with a gross state product (GSP) that rivals entire countries. As of recent data, the state’s economy encompasses significant sectors such as finance, healthcare, professional services, and technology. Demographically, New York is incredibly diverse, with a population that reflects global communities more than any other state in the U.S. This diversity is not only cultural but also economic, driving innovation and entrepreneurship across its cities and rural areas alike.

Population Overview

New York State's population of approximately 20 million people is as diverse as its landscape, ranging from bustling urban centers like New York City to serene rural areas upstate. The state's demographic makeup includes a large percentage of immigrants, which contributes to its vibrant cultural mosaic and economic dynamism. This diversity also plays a crucial role in the state’s labor market, influencing everything from the tech sector in New York City to agriculture and manufacturing in less urbanized regions.

eb 5 projects in new york

Immigration Insights

New York continues to be a significant hub for immigrants, profoundly influencing both its social and economic fabric. According to recent data from the New York City Comptroller's office, the city's immigrant population is approximately 3.3 million, representing nearly 40% of the total population. These immigrants constitute 46% of the workforce, the second-highest percentage in the United States after Miami (New York City Comptroller, 2023).

For EB-5 investors, New York provides a stable, economically vibrant setting supported by a well-established legal framework. The state’s supportive stance towards its diverse communities, evident in various initiatives highlighted in the New York City Mayor's Office of Immigrant Affairs report, offers a welcoming environment for newcomers. These initiatives include tailored support for immigrants affected by global humanitarian crises, enhancing their integration and economic contribution (NYC Mayor's Office of Immigrant Affairs, 2023).

This commitment to supporting its immigrant population, combined with the economic opportunities available, makes New York an attractive destination for EB-5 investors looking for growth and stability.

EB-5 Regional Centers in New York

New York is home to numerous EB-5 Regional Centers, which are strategically positioned to leverage the state's robust economic sectors including finance, technology, real estate, and healthcare. These centers serve as intermediaries for EB-5 investors, channeling foreign capital into development projects that meet the criteria for job creation and economic growth as stipulated by the U.S. Citizenship and Immigration Services (USCIS).

eb 5 new york state

What are EB-5 Regional Centers?

EB-5 Regional Centers are organizations approved by the USCIS to sponsor projects eligible for EB-5 investments. They facilitate the investment process by pooling capital from multiple foreign investors for larger projects, typically in high-impact areas that can benefit from job creation. Regional Centers are responsible for ensuring that investments comply with the legal requirements necessary to secure permanent residency for investors under the EB-5 program.

Benefits of Investing through a Regional Center

Investing through a Regional Center offers several advantages:

  • Simplified Process
    Investors can rely on the expertise of the Regional Center to manage their investment and ensure compliance with USCIS regulations.
  • Indirect Job Creation
    Unlike direct investment projects, Regional Centers allow for the calculation of job creation both directly and indirectly, making it easier to meet employment criteria.
  • Diverse Opportunities
    Regional Centers often have a variety of projects, giving investors options to choose from based on their interests and risk tolerance.
  • Focus on High-Impact Areas
    Many Regional Centers are involved in projects that significantly impact the local economy, such as large-scale infrastructure or community development initiatives.

Complete List of Approved EB-5 Regional Centers in New York

Texas is home to a significant number of USCIS-approved EB-5 Regional Centers, providing diverse investment opportunities across sectors such as real estate, energy, and technology. These centers support economic growth and offer avenues for foreign investors to gain residency through the EB-5 Immigrant Investor Program. Texas’s attractive investment climate is enhanced by its strong economy, absence of state income tax, and lower property costs. 

Below, you'll find a comprehensive list of these centers, providing detailed information on their focus areas and the types of projects they support:

Updated List of Approved EB-5 Regional Centers New York

Regional Center Regional Center ID
CanAm Northeast Regional Center, LLC RC2300003285
Civitas Northeast Regional Center LLC RC2300003508
NYNJ Regional Center LLC RC2400007982
USANY Regional Center LLC RC2300005057
A 1 Regional Center RC2200001023
Advantage America New York Regional Center, LLC ID1034750107
AFC Regional Center LLC (former name New York Federal Regional Center) ID1131450350
ALC Mideast LLC RC2200000303
Allstates QSR Regional Center, LLC ID1630654500
Ameri-Link Northeast Regional Center, LLC ID1705355467
American East Coast Regional Center, LLC ID1622954386
American EB-5 Properties Regional Center, LLC ID1435652190
American Immigration Group-NYRC ID1426051887
American Lending Center New York Regional Center, LLC ID1436352268
American Regional Center for Entrepreneurs Inc (dba ARCFE) RC2200000292
American Regional Center Opportunity Fund, LLC ID1421151833
American Equity Fund, LLC ID1630254494
AmerInvest Regional Center East, LLC ID1514652720
AscendAmerica, LLC ID1335251379
New York EB5, LLC (former name Smith Atlantic Regional Center LLC) (former name Atlantic Coast Regional Center, LLC) RC2300005095
Auric Ventures International Regional Center ID1619754363
BC East Coast Regional Center LLC ID1114050206
Century Regional Center, LLC (former name Century New York City Regional Center) RC2300005527
Civitas New York Regional Center, LLC ID1307451108
CUCC Business Regional Center, Inc (former name U.S. Business Regional Center Inc.) ID1233950830
East Coast Regional Center, LLC ID1503052580
EB5AN Northeast Regional Center, LLC ID1404251680
EB-5 Bonds New York, LLC ID1427451895
EB5 Capital - New York Regional Center ID1428751914
EB5 Fund, Inc. ID1326751218
EB-5 New York State, LLC ID1031910126
EB5 Opportunities Fund, LLC ID1334651336
Empire Regional Center, LLC ID1414151760
Empire State EB-5 Regional Center ID1120950253
Empire State Regional Center (also doing business as Empire State Development Fund) ID1117250235
Extell New York Regional Center ID1101250146
Fleet New York Metropolitan Regional Center LLC (former name Federal New York Metropolitan Regional Center) ID1031910196
George Washington Immigration Group, LLC ID1435052108
Greater New York Regional Center ID1134850389
Greystone EB5 Northeast RC, LLC ID1512652685
Harmonia Regional Center New York ID1516152743
Hudson Funds New York Regional Center, LLC ID1635754956
Lam NYC EB-5 Fund Regional Center, LLC ID1121350259
LCR Overseas Regional Center, LLC ID1402951663
Lexin New York Regional Center ID1418151793
EB5 Northeast RC, LLC (former name Liberty Harbor Regional Center, LLC) ID1627454444
Lightstone New York Regional Center, LLC ID1403751677
Live in America - New York Regional Center LLC ID1230350795
LUC Capital, LLC RC2300001605
Manhattan Metropolitan Regional Center ID1501652543
Manhattan Regional Center, LLC ID1031910027
MGV NYC Regional Center LLC ID1621854381
Mid-Atlantic Regional Center ID1434252044
Midtown NYC Regional Center, LLC ID1527253114
Mugo Regional Center LLC ID1610954307
New Empire EB-5 Regional Center, LLC ID1431451970
New York City EB-5, LLC ID1635854998
New York City Real Estate Regional Center, LLC ID1120950252
New York City Regional Center, LLC ID1031910093
New York City Transportation Regional Center LLC ID1636255031
New York Dream Regional Center LLC (former name Tri-State USA Regional Center) ID1211750650
New York Connecticut Regional Center, LLC ID1322551193
New York EB-5 Regional Center, LLC ID1402251657
New York EB-5 Regional Center, LLC ID1328851232
New York Goldwater Regional Center, LLC ID1313751140
New York Immigration Fund, LLC ID1031910184
CanAm New York Metropolitan Regional Center, LLC (former name New York Metropolitan Regional Center) ID1227250772
New York/New Jersey Real Estate and IDrastructure Regional Center LLC ID1635754906
New York Proton Regional Center, LLC ID1031910024
Northeast Regional Center, Inc. ID1328051229
NY EB-5 Express LLC ID1403651674
NY Entrepreneurs Fund, LLC ID1514652724
NYC Liberty Green Regional Center, LLC ID1635854999
NYC Mayflower Regional Center, INC ID1208850623
NYC Metro Regional Center, LLC ID1034750121
NYC Regional Center, Inc ID1422351847
NYUS Regional Center RC2300001779
Pass2NY Regional Center, LLC ID1523852877
Prime Regional Center LLC d/b/a Great NY Regional Center RC2300002971
Related New York City Metro Regional Center, LLC ID1316851164
Rise Investment Management, LLC ID1635754926
Smith North Atlantic Regional Center LLC RC2200000360
Northern Regional Center, LLC, formerly known as SRC NY, LLC ID1635554842
Star EB5 Group ID1513352708
Strategic Capital Regional Center, LLC ID1635754935
U.S. Immigration Fund - NY ID1214350657
U.S. Immigration Recovery Fund NY, LLC ID1307951111
United Land RC LLC ID1601954225
USCFID New York LLC ID1421951844
Veria Regional Center, Inc. ID1407051702
Wealth Global Regional Center, LLC ID1634454670

EB 5 Projects in New York

New York has been a major hub for EB-5 investments, with numerous projects completed through various regional centers, particularly in New York City. The New York City Regional Center (NYCRC) has been instrumental in financing a wide range of developments across the city. To date, NYCRC has completed 18 projects, which have contributed to the construction of over 3.8 million square feet of new development and infrastructure improvements, creating thousands of jobs for New Yorkers.

List of Completed EB-5 Projects in New York

Some of the most notable EB-5 projects in New York include:

  1. George Washington Bridge Bus Station Redevelopment
    The NYCRC provided $91 million in EB-5 funds to assist in transforming this critical transit hub into a modern facility, enhancing transportation and retail services in Washington Heights.

  2. Hudson Yards
    This $25 billion development is one of the most ambitious real estate projects in U.S. history, with parts of the project financed by EB-5 investors. Hudson Yards has reshaped the skyline of Manhattan, offering luxury residences, office spaces, and retail opportunities.

  3. Steiner Studios Expansion
    Located in the Brooklyn Navy Yard, this project included the construction of new soundstages and production facilities, further establishing New York as a leading center for film and television production.

  4. LinkNYC Wi-Fi Network
    This project involved the installation of a city-wide Wi-Fi network, providing free internet access across New York City and creating numerous tech-related jobs.

These projects not only highlight the diverse opportunities available through the EB-5 program in New York but also underscore the significant impact these investments have on local communities, particularly in underserved areas. For more information on these and other projects, you can visit NYCRC's official site or related EB-5 investment resources.

new york eb-5 regional center

Rural TEA EB-5 Projects in New York

Rural TEA (Targeted Employment Area) projects in New York provide attractive opportunities for EB-5 investors, especially in counties like Sullivan, Delaware, and Columbia. These areas have benefited from EB-5 investments in sectors such as renewable energy and agriculture, driving economic growth in regions with higher unemployment rates. For example, Sullivan County has seen EB-5 funding contribute to local job creation and infrastructure development. Additionally, investing in rural TEA projects typically requires a lower minimum investment of $800,000, making them a cost-effective option for foreign investors seeking U.S. residency while supporting the revitalization of New York's rural communities​

Why Invest in a Rural TEA Project in New York?

Investing in a Rural Targeted Employment Area (TEA) project in New York offers several compelling advantages for EB-5 investors. Rural TEAs are regions outside of major metropolitan areas that often benefit from lower investment thresholds under the EB-5 program. 

Here are some key reasons to consider investing in a Rural TEA project in New York:

  1. Lower Investment Threshold
    The EB-5 program allows for a reduced investment requirement in Rural TEAs, making it a more accessible option for investors. This lower threshold is designed to attract capital to areas that may be underdeveloped or economically distressed.

  2. High Impact on Local Communities
    Investments in rural areas can have a significant positive impact on local communities. By funding projects that create jobs and stimulate economic growth, investors are not only meeting the requirements of the EB-5 program but also contributing to the development and revitalization of these regions.

  3. Support from State Initiatives
    New York has several state-led initiatives aimed at encouraging economic development in rural areas. By aligning with these initiatives, EB-5 investors can benefit from additional state support, which can include tax incentives, grants, or other financial advantages.

  4. Diversified Investment Opportunities
    Rural TEA projects in New York often span a variety of sectors, including agriculture, renewable energy, tourism, and small-scale manufacturing. This diversification allows investors to choose projects that align with their personal interests and risk tolerance.

  5. Potential for Growth
    Rural areas in New York are increasingly becoming attractive for investment due to rising interest in sustainable development and eco-tourism. Investing in these regions positions investors to capitalize on future growth trends as these areas continue to develop.

Rural TEA Counties in New York

New York State is home to several Rural Targeted Employment Areas (TEAs) that present unique and promising opportunities for EB-5 investors. These counties are typically located outside of the state’s major metropolitan areas, offering a more serene and underdeveloped environment, which qualifies them for the EB-5 program’s reduced investment threshold. Investing in these areas allows investors to contribute to local economic development while meeting the EB-5 program’s requirements for job creation.

Here is a list of New York’s Rural TEA counties, each with its own distinct potential for economic growth and development:

  • Allegany
  • Cattaraugus
  • Cayuga
  • Chautauqua
  • Chenango
  • Clinton
  • Columbia
  • Cortland
  • Delaware
  • Essex
  • Franklin
  • Fulton
  • Genesee
  • Greene
  • Hamilton
  • Lewis
  • Montgomery
  • Otsego
  • Schuyler
  • Seneca
  • St. Lawrence
  • Steuben
  • Sullivan
  • Wyoming

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