EB-5 Investment Opportunity
WHAT IS EB-5? THE U.S. IMMIGRANT INVESTOR PROGRAM Since its introduction in 1990 by the U.S. Immigration Act, the EB-5 program provides a special category of immigration visa for the high-net-worth international investor. After the successful completion of the program, investors and their family members (spouse and unmarried children under the age of 21) are given a conditional resident status in the United States, which can be converted into a permanent residency with a path to citizenship. WHO CAN APPLY International investors and their family members (spouse and unmarried children under the age of 21). FEE SCHEDULE FOR THE EB5 VISA Single EB5 Investment $500,000 Total EB5 Capital $6,000,000 Total EB5 Investor Allotments 12 Administration Fees: $50,000 Jobs Created 324
EB-5 VISA PROCESS APPLICATION PROCESS After the approval of the initial application, which is focused primarily on establishing the legal source of the investment of $500,000 (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 $500,000 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. STEPS TO APPLY AND RECEIVE THE EB5 INVESTOR VISA** 6+ Months To Receive 24+ Months 12+ Months* Conditional Conditional Permanent 22+ Months I-526 Application Approval Residency Residency Period I-829 Processing Consulate Interview I-829 Application Submitted I-829 Approval 3 months prior to completion of Conditions removed conditional residency. and Permanent I-526 Application Submitted Residency Issued 2-3 Weeks Investment and Fees collected RETURN OF INVESTMENT PLUS INTEREST * I-526 processing times vary from country to country ** Processing times stated are estimates and may vary
EB-5 PROJECT IVORY 214 • A New Standard of Functional Luxury • Ivory 214 is a Class A+, state of the art facility designed by IDEA International. This contemporary building features an independent hotel and medical offjce spaces. It also includes: • 10,942 sq. ft. of Retail • 38,191 sq. ft. of Offjces • 100 extended stay hotel rooms, featuring premier amenities • 321 parking spaces spread across four fmoors • Construction of Ivory 214 is slated to begin in March 2018, and delivery is set for the November 2019. DEVELOPMENT PARTNERS Developer: Shalev Development Group Architect: IDEA International Design General Contractor: Winmar/Coastal Hotel Partner: Hilton Hotels Tapestry Collection Hotel Management: Driftwood Hospitality Interior Design: SDH Studio Winmar Construction Company Overview EB5 PARTNERS Escrow and Fund Administration: NES Financial Economic Impact Consultant: Baker Tilly Capital, LLC Legal Counsel: Saul Ewing Arnstein & Lehr LLP EB5 Regional Center: Florida EB5 Investments, LLC Regional Center
LOCATION 2 3 LOCATED IN THE HEART OF THE FACTS ABOUT SOUTH FLORIDA AVENTURA MEDICAL DISTRICT Ivory 214 - Offjces and Hotel • State Population: 19.89 million (2014) - Travel Hub 1 Downtown Ft. Lauderdale Ivory 214 will be located in Aventura, Florida . This property Third most populated state in the U.S. • Miami International Airport - 2nd airport 2 Hollywood/Ft. Laud. Intl. Airport is just two blocks from the Aventura Hospital , which has been • State GDP: 789.8 billion (2015) - Fourth in the U.S. for international travel 3 The Village at Gulfstream Park designated a “Trauma II” facility – one of the only two facilities largest economy in the nation • Ft. Lauderdale International Airport - 4 Future Tri-Rail Station with that designation in Miami. The surrounding area is classifjed • No state personal income tax 26.9 million passengers (2015) - One of 5 5 Aventura Offjce Park as the “ Medical Offjce District ” and only allows construction • Florida average temperatures of 28 the fastest growing airports in the U.S. 6 4 Future Biscayne Extension of medical service facilities and related services. This area is the (C) degrees in the summer and 20 (C) • Port of Miami - Busiest passenger cruise 7 Aventura Medical Plaza epicenter for medical facilities, including the hospital as well as degrees in the winter port in world 8 Biscayne Boulevard 300 surrounding medical practices. Along with medical facilities, • South Beach - rivals Riviera as 9 Biscayne Medical Art Center a major new development, “Aventura Gateway” is in the planning Top Universities in South Florida: international tourist attraction, 10 Aventura Hospital stages and will be built next door to Ivory 214. This space will • Florida International University magnifjcent beaches 11 1 Aventura Heart & Health ofger 300,000 square feet of retail and three residential buildings. • Nova Southeastern University 12 6 To help alleviate road congestion and provide easier access to • University of Miami Gateway to the Americas and the World Aventura Physicians Building 13 7 the area, the City of Aventura recently approved a Master Road • More than 100 fjnancial institutions Aventura Comprehensive 14 Cancer Center Plan for the Medical District. This plan calls for the construction Top Health and Wellness Facilities: • More than 300 Fortune 500 15 Palm Garden 15 of 214th Street, which will connect US-1/Dixie Highway with • Aventura Medical Center (Aventura, FL) multinational corporations have regional 16 NE 209th Street Biscayne Boulevard. Furthermore, the new passenger train will • Cleveland Clinic (Weston, FL) and worldwide headquarters in Miami- 8 stop just three blocks from Ivory 214, making it simple to reach • Baptist Hospital (Miami, FL) Dade County Other Locations Nearby Ivory 214 without a vehicle. • Jackson Memorial Hospital (Miami, FL) 11 Aventura Mall - 1 Mile 10 12 Miami Beach - 10 Miles 9 Miami Intl. Airport - 15 Miles Sawgrass Mills Mall - 15 Miles Boca Raton - 25 Miles West Palm Beach - 50 Miles 13 14 Port of Miami Aventura Mall Miami International Airport South Beach 16
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