INVESTMENT OPPORTUNITY EB-5 RURAL OF USD 800,000
FIVE-YEAR LOAN SECURED BY SEVERAL MORTGAGES
EB-5 JOBS ALREADY CREATED
RURAL RATING PROVIDES FASTER MANAGEMENT AND ACCESS TO 20% OF 20% OF VISAS RESERVED
WORK IN PROGRESS
PLANNED DEVELOPMENT OF A GOLF COMMUNITY
By partnering with us for your EB-5 project, you gain a significant advantage. Our expertise in navigating the complexities of the EB-5 program ensures a seamless process from start to finish. With a proven track record of successful investments, personalized guidance, and a deep understanding of immigration regulations, we offer you the best opportunities to secure your U.S. residency through the EB-5 program.
EB-5 INVESTOR PRIORITIES
Obtain your U.S. residency by investing in the U.S.A.
By investing US$800,000 in our residential and commercial construction projects, the investor and his direct family have the opportunity to obtain Permanent Residency in the United States through the EB-5 Federal Visa Program.
1- The EB-5 Investment is an immigration instrument regulated by the U.S. Department of Immigration (USCIS) that is intended to achieve the granting of Permanent Residency in exchange for investing in a USCIS-approved commercial real estate project that generates new jobs for the U.S. economy.
2- The investor must work with an immigration attorney, who will perform the verification of funds at the beginning of the process.
3. The investment requires the payment of administrative fees of $80,000.
4- The EB-5 investment extends its immigration benefit to the holder of the investment, his or her spouse and children under 21 years of age who are unmarried at the time of initiating the process.
5- The waiting period to receive the benefit of Permanent Residency (Green Card) in a Rural TEA Project with Priority Processing time is 12 to 18 months on average.
6- There is an additional benefit of Concurrent Filing for adjustment of status at the time of application to move immediately to the United States.
EB-5 PROJECT UTAH
PROJECT HIGHLIGHTS
QUALIFIES AS A PROJECT RURAL TEA EB-5
This Project qualifies for for priority processing of I-526E and the 20% visa set-aside. The project is only 45 minutes from Salt Lake Salt Lake City.
STRONG TRACK RECORD EB-5
This Project is the 15th regional EB5AN EB5AN regional center project. EB5AN has a 100% project 100% project approval rate by the USCIS and has never failed to reimburse investor investors’ capital.
EXPERT DEVELOPER
Projec´t development team is experienced and financially strong, with a financially strong, with a long history of history of success in the development of golf course golf course communities.
THE PROJECT IS FULLY CAPITALIZED
A USD 50 million senior loan is already in place. 50 million senior loan is already in place. EB-5 financing is not required to complete the project. project.
SOLID SALES
The sale of the project’s project lots has begun. Phase I is almost completely
sold out.
CONTINUED PROOF OF COMPLIANCE WITH GENERAL WARRANTIES
In order to remain in compliance with regulations, the amount of the effective guarantee EB-5 loan must always be at least 150% of the EB-5 loan amount.
CONSTRUCTION IS UNDERWAY AND 300 JOBS HAVE ALREADY BEEN CREATED.
Construction of the project commenced in August 2020 and has created over
300 EB-5 eligible jobs.
SIMPLE 5-YEAR TERM LOAN
Each individual loan tranche of USD 800,000 from EB-5 investors will mature five years after the release of the escrow deposits, irrespective of the timing of any other EB-5 investor investment in the project.
EB-5 LOAN SECURED BY MULTIPLE MORTGAGES
The EB-5 loan is secured by first and second mortgages on over 2,000 ha of land. The developer has also contributed 100% of the equity in the project as collateral for the EB-5 loan.
How it Works?
After the approval of the initial application, which is focused primarily on establishing the legal source of the investment of $1,050,000 (known as an I-526 Petition), the applicant and his or her immediate family are eligible for a conditional resident status in the United States. Once the applicant establishes that the investment of $1,050,000 was made in the selected project and the 10 full-time jobs were created within the required period (or will be created within a reasonable time period), the condition attached to the visa is removed and the applicant and family receive permanent resident status in the United States.
FINANCIAL INFORMATION
Developable land:
656 ha / 6.5 km2
Construction Status
Construction is underway underway and Phase 1 is almost sold out
Features
18-hole golf course holes, 11-hole short course, putting green, golf clubhouse, spa, lodge and wellness center, adventure center, lake house
Job Creation
38.8 per investor, 543.2 total jobs estimated
SUMMARY OF PROJECT DETAILS
An $800,000 EB-5 project under construction with jobs already jobs already created and accelerated accelerated rural Targeted Employment Targeted Employment Areas (TEA).
For many immigrants wishing to move to the United States, following a lawful immigration path can be time consuming and tedious. An EB-5 visa offers a number of benefits to immigrants, including:
- Lawful status in the U.S.
- Quicker path to permanent residence and citizenship
- No visa sponsorship requirement
- Monetary return on investment
- Freedom to live and work anywhere in the U.S.
- Education and employment opportunities for children
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SECURE CAPITAL STRUCTURE FOR INVESTMENT EB-5
This Project will be capitalized with equity, recycled capital, a USD 50 million senior revolving loan and the EB-5 loan.
THIS PROJECT OFFERS INVESTORS A SIMPLE LOAN TERM OF 5 YEARS
Each individual loan tranche of 800,000 individual loan tranche 800,000 loan tranche from EB-5 investors will mature five years after the of the release of the escrow funds release of the escrowed funds, regardless of the irrespective of the time other EB-5 investors invest in the project. investors invest in the project.
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La inversión de USD 800.000 de cada inversor EB-5 constituirá un tramo independiente del préstamo EB-5.
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El plazo de cinco años del préstamo de cada inversor EB-5 comienza inmediatamente después de la liberación del depósito en garantía de USD 800.000.
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Cada tramo vence cinco años después de la liberación del depósito en garantía de los plazos de los demás inversores EB-5.
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El promotor tiene la opción de extender el plazo de 5 años de préstamo por un año adicional.
EB-5 INVERTER WARRANTIES
GUARANTEED JOB CREATION
By August 2022, more than 300 jobs had already been created. When completed, Wohali will When completed, Wohali will create a total of 4,396 jobs. The project will therefore will create 44 jobs for each of the 99 EB-5 investors. Only 990 jobs are needed jobs are needed for all investors to receive permanent green cards, and it is expected that the 990 jobs and all 990 jobs are expected to be created by September 2023.
I-526 APPROVAL REFUND GUARANTEE
The developer will refund an EB-5 investor’s capital contribution in the event of a I-526 denial.
REGISTERED MORTGAGES, EQUITY SECURITY INTEREST AND 150% LTB TEST. AND 150% LTV TEST
The EB-5 loan is directly secured by first and second mortgages on thousands of acres of prime land outside of Park City, Utah and a 100% guarantee of the developer’s equity. The amount of effective collateral for the EB-5 Loan must always be at least 150% of the amount of the EB-5 Loan. amount of the EB-5 Loan.
EB-5 CAPITAL IS NOT REQUIRED FOR THE DEVELOPMENT PROJECT.
EB-5 capital replaces project debt already financed or directly finances future project development costs. future development costs of the project. No minimum amount of EB-5 capital is required.
THIS PROJECT USES THE CUSTOMER BANK AS ITS ESCROW AGENT EB-5
LEADING FULL-SERVICE, REGULATED BANK IN THE U.S. MARKET.U.S. MARKET
- Customers Bank (NYSE:CUBI) has $20 billion in assets in a diversified portfolio. diversified portfolio
- Ranked as the 34th best bank in the U.S. by Forbes in 2023
- One of S&F Global’s “50 Best Public Banks” in 2021
- Four-star “Excellent” rating from Bauer Financial
- One of Fortune’s “100 Fastest Growing Companies” in 2022
EXPERIENCED EB-5 ESCROW PLATFORM AND FULL-SERVICE SUPPORT TEAM
- End-to-end EB-5 escrow services make it as easy as possible for investors
- Unparalleled level of expertise, experience and due diligence mitigates investor risk
- Customers Bank acts as trustee and banking partner on dozens of EB-5 projects, with total proceeds in the billions of dollars
100% OF EB-5 GUARANTEE FUNDS PROTECTED BY INSURED CASH SWEEP (ICS)
- The Federal Deposit Insurance Corporation (FDIC) guarantees bank deposits up to $250,000 per depositor. deposits of up to $250,000 per depositor.
- The ICS distributes money through multiple institutions, ensuring that every dollar of the $800,000 account balance is 100% FDIC insured.
- Investors still have the convenience of transferring funds to a single escrow account. escrow account
PROJECT COMPETITIVE SET:
HOUSING COMPARISON
HOUSING SALE PRICES IN MARCH 2022 (USD/m2)
PHOTOS OF THE PROJECT SITE
UTAH GOLF EXPERIENCE
GOLF MEMBERSHIP USD 150,000 AT 80% EQUITY
GOLF COURSES DESIGNED BY DAVID BOYDEN
- 18 Hole Championship
- 11 Hole Short Course
- Putting Course
TRAINING TRAINING CENTER GOLF TRAINING
- Practice cabin
- Golf simulator – Golf simulator
- Private instruction
GOLF SIMULATOR EXPERIENCE
- At Summit Sotheby International Realty’s office 625 Main Street in Park City
- Simulator Installation Date: late August 2021
APPROVALS AND ESSENTIAL PROJECT DOCUMENTS
USCIS Regional Center Approval Letter
Senior Loan Agreement Construction Loan
EB-5 PROCESS
- Delivery to investor of offering documents describing the investment project I-526E Petition filed with US Citizenship and Immigration Services (USCIS)
- Investor signs Subscription Agreement Escrow account releases USD 800,000 for the project
- Investor deposits USD 800,000 into escrow account and pays administrative and legal fees.
- I-829 Petition filed to remove investor’s Green Card conditions
- Upon filing of I-829 Petition and end of loan term, the $800,000 investment is repaid
BENEFITS OF THE EB-5 PROGRAM
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Direct pathway to a Green Card and permanent residency in the US for the investor and his or her immediate family (spouse and unmarried children under 21 years of age).
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Access to the same high quality health care as US citizens.
Free tuition in the U.S. public school system. -
Admission to U.S. universities at the same price as U.S. residents
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No restrictions on age, business experience, education or English proficiency.
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No residency restrictions; participants may live, work or retire anywhere in the U.S.