US is the golden destination of majority, especially IT professionals. Initially, the idea of living in USA was an impossible reverie, since availing VISA and Green Card were extremely hard.
However, every problem has got a solution and to support this vision, USCIS approved EB-5 regional centre projects has been introduced.
The idea behind this is not only to realize the golden dream but generating employment and full-time jobs for USA workers.
Immigrating to US via EB-5 Visa lets a person-live, work and retreat anywhere in US. It permits a worker to have Green Card and have an stay eternally.
There are certain rules like minimum investment of $ 500,000 in rural or high unemployment areas. The scheme allows even foreign investors to avail a green card and reside in US.
There have been quite a number of projects like:
1. San Diego Bayfront Phase-I: 3 buildings of 159 units with all modern amenities and lush green view, just 15 minutes from Downtown. The company undertaking the project (Pacifica) aims to invest $50 million for expansion. The total area is 385,000sq feet, total budget is $183 million and revenue is $204.4 million. To be completed by 2019.
2. Grover Beach Lodge Marriott: A boutique hotel with 3 buildings and 144 rooms coupled with restaurant, banquet, conference hall, pool and direct access to Pismo Beach. Schedule completion by 2018.
3. Oceanside California Spring Creek: A completed project on the South Coast of California. With Carlsbad and Vista, it creates a tri-city area. It is gifted with perfect climate and has simple access to all advantages of California lifestyle. Nestled between residential and business areas, it provides a cosy and tender feeling to its citizens offering the closeness to beach,shopping centers,health care and allied others.
Many more projects being planned as part of this concept.
It may be inferred that this is a unique concept allowing the people to realize their idea of working and possessing a property in US, thereby creating wealth, assets, capital and above all-employment for the country.