EB5 Loan Program
EB-5 is a federal loan program designed to stimulate our nation’s economy through job creation and capital investment by foreign investors.
The EB-5 is a win/win, both for borrower and foreign investor.
The benefit to the borrower is a source of funds for their project.
The benefit to the foreign investor is that—once the project fulfills the job creation requirement—they can obtain permanent residency.
The EB-5 program’s projects are very diverse. They include:
- Mixed use retail
- Sports stadiums
- Convention centers
- Electric vehicles
- Biotech/medical technologies
- Entertainment venues
- Agricultural developments (e.g., wineries and farms)
- And office buildings (to name a few!)
Eligible companies are lawful, for-profit businesses created after 1990.
Older companies may qualify if they offer significant economic benefit.
- Most corporate and municipal entities are eligible, however.
Job creation is required, but the criteria can be fulfilled by the formation of permanent jobs and/or construction jobs.
EB-5 projects are most often funded through a regional center such as Seedcopa that walks both borrower and investor through the legal process.
Foreign investors invest either $500,000 or $1 million per project.
Total project size is basically unlimited, being conditioned solely upon project feasibility and risk.
For more information and to see whether this is the best loan for you, call or write Seedcopa today!