EB-5 Investor Visa Program Washington
An Overview of EB-5 Projects and EB-5 Regional Centers in Washington
About EB 5 Investor Visa Program Washington
The EB-5 Investor Visa Program, established by the United States Congress in 1990, encourages foreign investment into the U.S. by providing a pathway to permanent residency for investors and their immediate families. In Washington State, the program has been instrumental in fostering economic growth by attracting foreign capital to various sectors, including technology, real estate, and infrastructure development.
EB 5 visa Washington stands out due to its strategic location on the Pacific Rim, robust economic environment, and a government supportive of foreign investment. These factors make it an appealing destination for EB-5 investments, which require a minimum investment of $1,050,000 or $800,000 in a Targeted Employment Area (TEA) that can include rural areas or regions with high unemployment.
Washington's State Economy and Demographics
Washington's economy is diverse and dynamic, with significant sectors including aerospace, technology, agriculture, and retail. Home to industry giants like Microsoft, Amazon, and Boeing, the state offers a thriving business environment with significant growth opportunities for investors. Its GDP ranks among the top in the nation, indicating a strong and resilient economic climate.
Washington is diverse demographically, with a significant portion of its population coming from Asia, Europe, and other regions of the world. This multicultural environment not only enriches the social fabric of the state but also creates a welcoming atmosphere for international investors and their families.
Population Overview
With over 7.6 million residents, Washington's population growth has been consistently above the national average, driven by domestic migration and international immigration. The Seattle metropolitan area has seen rapid growth, making it a hotspot for investment and development. This population increase supports a robust consumer market and a dynamic workforce, which are critical for the success of EB-5 projects.
Immigration Insights
Washington State's approach to immigration is one of inclusivity and support, evident in its policies and the resources allocated to help immigrants integrate and thrive. For EB-5 investors, this means access to a community that is not only open to foreigners but also provides a network of legal and financial services to assist with the investment process.
Moreover, the state's ongoing commitment to economic development aligns with the goals of the EB-5 program. By providing opportunities for meaningful investment in job-creating ventures, Washington not only helps EB-5 investors achieve their immigration goals but also enhances its economic landscape.
EB 5 Regional Center Washington
EB-5 Regional Centers in Washington act as intermediaries between EB-5 investors and new commercial enterprises. These centers are designated by the United States Citizenship and Immigration Services (USCIS) to sponsor projects within a specific geographic area. They facilitate the investment process by offering projects that meet EB-5 program requirements, particularly the job creation mandate. Washington boasts several regional centers, each offering diverse investment opportunities ranging from real estate development and technology ventures to agriculture and renewable energy projects.
What are EB-5 Regional Centers?
EB-5 Regional Centers are organizations approved by the USCIS to promote economic growth, improve regional productivity, and create jobs through foreign investment under the EB-5 program. They provide a structure for pooling investments from multiple EB-5 visa applicants, making managing larger and more impactful projects easier.
Investing through a regional center can benefit from a more flexible interpretation of the job creation requirement, counting both direct and indirect job creation towards the minimum job creation threshold.
Benefits of Investing through a Regional Center
Investing in Washington through an EB-5 Regional Center offers numerous advantages:
- Simplified Management
Regional centers handle the day-to-day operations of the investment project, allowing investors a more passive role. - Indirect Job Creation
Projects can count indirect and induced jobs towards the EB-5 program’s job creation requirements, simplifying compliance. - Diverse Investment Opportunities
Investors can access various projects across different sectors, enabling investment that matches personal or strategic interests. - Strategic Location
Situated on the Pacific Rim, Washington is ideal for businesses aiming to engage with North American and Asian markets. - Expertise and Oversight
Regional centers bring expertise in managing EB-5 projects and ensuring regulatory compliance. - Economic Stability
Washington’s robust and growing economy provides a secure environment for investment, enhancing the prospects for immigration success and financial returns.
Complete List of Approved EB-5 Regional Centers in Washington
Washington's robust economy, marked by a gross state product of $612,996.5 million in 2019 and an impressive annual growth rate of 6.5%—the fastest in the United States—provides a fertile ground for EB-5 investments. This economic strength is reflected in the diversity and viability of projects offered by the numerous USCIS-approved EB-5 Regional Centers across the state.
These Regional centers leverage Washington's economic dynamism to offer a variety of investment opportunities that not only meet the requirements of the EB-5 program but also contribute to further economic growth and job creation.
Below is the complete and updated list of all the EB-5 regional centers approved by USIC and currently operating in Washington:
| Regional Center | Regional Center ID | |
| Live in America – California Regional Center LLC | RC2200001261 | |
| Pacific Coast USA Regional Center LLC | RC2300002990 | |
| Smith Pacific Regional Center, LLC | RC2200000409 | |
| ALC West LLC | RC220000407 | |
| American Dream Group, LLC Regional Center | ID1533853501 | |
| American Dream Fund Seattle Regional Center, LLC | ID1632254539 | |
| American Family Regional Center | ID1506452615 | |
| American Life Inc. Regional Center - Seattle (Golden Rainbow & Gateway Freedom Fund | ID1031910127 | |
| American NW Regional Center, LLC | ID1315451155 | |
| AmWealth, LP | ID1305651094 | |
| Cascadia Regional Center | ID1534153510 | |
| Coastline Regional Center | ID1515352733 | |
| Columbia International Finance, LLC (former name Columbia International Finance Washington) | ID1509651745 | |
| Columbia Willamette Investment, LLC | ID1220750713 | |
| Eastern Washington Regional Center | ID1034150054 | |
| EB5 Affiliate Network States of Washington and Oregon Regional Center, LLC | ID1421751843 | |
| EB-5 Blaine Tomorrow Regional Center, LLC | ID1219950707 | |
| EB5 Capital - California Regional Center | ID1217050690 | |
| EB5 Land Regional Center | ID1507652629 | |
| Fairhaven Capital Advisors Regional Center | ID1514752728 | |
| Farm for America Regional Center | ID1031910018 | |
| Greystone EB5 Northwest RC | ID1722355590 | |
| Inkstone States Regional Center LLC | ID1618054346 | |
| Jabooda Regional Center, LLC | RC2300003417 | |
| Lifezone Development Regional Center | ID1509651742 | |
| NewGen WA Regional Center, LLC | RC200000256 | |
| North American Asset Management Regional Center, LLC | ID1527253119 | |
| Pacific Northwest EB-5 Regional Center | ID1034750117 | |
| Pacific Northwest Investment RC, LLC | ID1313351135 | |
| PacNW Regional Center, LLC | ID1530953417 | |
| Path America KingCo, LLC | ID1031910033 | |
| Path America Sonoco, LLC | ID1031910032 | |
| Phoenix Pacific LLC | ID1635754958 | |
| Principal Regional Center, LLC | ID1635854986 | |
| Propet American Dream, LLC | ID1618454352 | |
| Rainier Valley RC LLC | ID1429351930 | |
| Redwood Regional Center, LLC | ID1634954742 | |
| Regional Center of Washington State, LLC | ID1534553603 | |
| Seattle Area Regional Center, LLC | ID1306351100 | |
| Seattle Family Regional Center | ID1031910035 | |
| Seattle Pacific Area Regional Center, LLC | ID1434252042 | |
| Seattle Regional Center | ID1031910059 | |
| Seattle Tacoma Area Regional Center, LLC | ID1635855004 | |
| Smith Western Regional Center (former name Western Pacific Regional Center) | ID1418251794 | |
| United States Pacific Northwest LLC | RC2400008844 | |
| USASIA Pacific, Inc. | ID1511152669 | |
| Washington Investment Regional Center, LLC | ID1302851078 | |
| Washington Regional Center | ID1031910020 | |
| West Coast EB5 Regional Center, LLC | ID1635654888 | |
| West Washington United, LLC | ID1031910045 | |
| Western Washington Regional Center LLC | ID1034250074 | |
| Whatcom Opportunities RC | ID1031910152 | |
| WWUV Woodinville Regional Center | ID1135350401 | |
| Yareton Investment Funds Regional Center | ID1120950251 | |
| Yellow Rock Regional Center of Washington, LLC | ID1502652574 | |
| Zephyrus Regional Center LLC | ID1636255049 | |
| CMB Regional Centers West LLC | RC2200000270 | |
EB 5 Projects in Washington
Washington has been a prominent location for EB-5 projects, leveraging the state’s economic growth and diverse industry sectors. These projects range from high-tech startups in the bustling Seattle area to expansive agricultural operations in more rural settings.
Through investment in these ventures, EB-5 investors have played a crucial role in job creation and economic development across the state, aligning with their financial goals and the requirements of the EB-5 program.
List of Noteworthy & Completed EB-5 Projects in Washington
Washington State has seen a variety of successful EB-5 funded projects that have significantly contributed to its economic landscape:
- The F5 Tower in Downtown Seattle
This skyscraper was completed in 2018 with $250 million in EB-5 capital. It stands as a testament to the impact of foreign investment in urban development. - Facebook’s South Lake Union Office
Located in the Dexter Station building, this office space was partially funded by EB-5 investments, highlighting the role of EB-5 funds in supporting the tech industry's expansion in Seattle. - The Lodge at Columbia Point
This upscale hotel in Richland, opened in 2017, features 82 riverfront rooms designed by Ed Abbott. It received $2 million in EB-5 funds and is noted for its distinctive architectural elements, such as rough-hewn beams and expansive picture windows. - Heritage Resort
Located in Walla Walla, this 300-acre wine resort received $13.5 million in EB-5 funds and opened in 2018. It's poised to become a top global wine destination. - La Quinta Inn & Suites in Tumwater
This hotel, opened in 2015, was built with $3.5 million in EB-5 funds. It features comprehensive amenities, including meeting spaces, a business center, and indoor and outdoor swimming pools.
Rural TEA EB-5 Projects in Washington
Investing in Rural Targeted Employment Area (TEA) projects in Washington offers a unique opportunity. These projects are situated in counties that qualify as rural based on their geographic and demographic criteria. Investments in these areas often support essential developments that cater to local needs and foster regional growth. Projects typically involve infrastructure, hospitality, agriculture, and energy sectors, harnessing these communities' natural and cultural resources.
Why Invest in a Rural TEA Project in Washington?
Investing in a rural TEA project in Washington is advantageous for several reasons:
- Lower Investment Thresholds
The required investment in rural TEAs is reduced, making it more accessible for investors to meet EB-5 criteria. - Priority Processing
Projects in rural TEAs qualify for priority processing of the EB-5 visa applications, which can expedite the immigration process. - Significant Impact
Investments in rural areas tend to have a pronounced impact on local economies, providing essential jobs and improving infrastructure. - Visa Set-Asides
A portion of EB-5 visas is specifically set aside for rural projects, increasing the likelihood of visa availability for investors in these projects.
Rural TEA Counties in Washington
Washington's designated rural TEA counties include following areas:
|
|
These counties are not within a Metropolitan Statistical Area (MSA) or are outside the boundaries of cities with populations over 20,000. Investment in these counties is particularly encouraged under the EB-5 program to stimulate growth and development in less densely populated areas of the state.
This array of completed projects and potential new investments in rural TEAs illustrates the dynamic and beneficial nature of the EB-5 program in Washington, which offers substantial opportunities for investors and communities.
