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The EB-5 Program is an Immigrant Investor Program created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors.
In 1992, Congress created the Immigrant Investor Program, also known as the Regional Center Program, which sets aside EB-5 visas for participants who invest in commercial enterprises associated with regional centers approved by the United States Citizenship and Immigration Services (USCIS) based on proposals for promoting economic growth.
Through the EB-5 program, an Investor is eligible to receive a green card, officially known as Permanent Resident Card.
The current investment amount is announced on March 15, 2022, is either $800,000 or $1,050,000 depending on the location of the project.
An EB-5 visa offers a series of benefits to immigrants, including:
• Legal status to live and work in the U.S.
• Direct path to permanent residency and ultimately US citizenship
• No visa sponsorship requirement
• Education opportunities for children under the age of 21
• Unrestricted work opportunities during college.
The EB-5 investor, the investor’s spouse, and any unmarried children under the age of 21 are eligible to receive a green card associated with the EB-5 investor’s petition.
• Investment of $800,000 in the Alba Palm Beach EB-5 project.
• Investment capital must be from a legal source acquired directly or indirectly through lawful means.
• The investment must be “at risk”.
• Admin Fee: $70,000
• Legal Fees: $20,000-$25,000
• USCIS I-526 Application Fee: $3,675
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Location
Construction Status
Investment Requirement
Up to $32,000,000
from up to 40 EB-5 Investors
Employment Creation
Regional Center
Attorney
Prepare I-526 form with your attorney and submit to USCIS.
I-485 Petition can be submitted to request adjustment of status.
Providing the investor with a work permit as well as the ability to enter and leave the country freely.
If Applicant is Outside the US
• Consulate Processing
• Consulate Interview
If Applicant is Inside the US
Proceed with adjustment of status, including work authorization and travel permit.
Receive approval on I-526 Form from USCIS.
Receive permanent resident Green Card.
File I-829 form within 2 years of receiving your permanent resident status.
Return of initial at risk investment and end of the EB-5 process.
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The Development Team
BGI Companies has over 20 years of experience in finance and real estate development as one of the industry’s most proven experts when it comes to innovative and successful high-end real estate development.
BLUE ROAD management team has participated in numerous successful property acquisitions, as well as marketing and management of the company's own projects. It currently manages properties with a total value of more than US$ 400 million. This includes approximately 1,000 remodeled units located in leading Miami Beach hotels.
Over its 25 years in the real estate market, the development team has also constructed and developed hundreds of thousands of square feet in residential and commercial projects over South Florida.
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To learn more or to start your EB-5 Process, please contact us using the form below.
Property Address
4714 N. Flagler Drive
West Palm Beach, FL 33407
Sales Gallery & Showroom
250 N. Olive Avenue
West Palm Beach, FL 33401
Get in Touch
+1 (561) 485 1411
eb5@albapalmbeach.com
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