EB-5 Investment Opportunity WHAT IS EB-5? THE U.S. IMMIGRANT - - PowerPoint PPT Presentation
EB-5 Investment Opportunity WHAT IS EB-5? THE U.S. IMMIGRANT - - PowerPoint PPT Presentation
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
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.
WHAT IS EB-5?
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
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.
EB-5 VISA PROCESS
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
STEPS TO APPLY AND RECEIVE THE EB5 INVESTOR VISA**
I-526 Application Submitted 12+ Months* I-526 Application Approval 6+ Months To Receive Conditional Residency Consulate Interview 24+ Months Conditional Permanent Residency Period I-829 Application Submitted 3 months prior to completion of conditional residency. 22+ Months I-829 Processing I-829 Approval Conditions removed and Permanent Residency Issued
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
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
Winmar Construction
Company Overview
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Ivory 214 - Offjces and Hotel Downtown Ft. Lauderdale Hollywood/Ft. Laud. Intl. Airport The Village at Gulfstream Park Future Tri-Rail Station Aventura Offjce Park Future Biscayne Extension Aventura Medical Plaza Biscayne Boulevard Biscayne Medical Art Center Aventura Hospital Aventura Heart & Health Aventura Physicians Building Aventura Comprehensive Cancer Center Palm Garden NE 209th Street Other Locations Nearby Aventura Mall - 1 Mile Miami Beach - 10 Miles Miami Intl. Airport - 15 Miles Sawgrass Mills Mall - 15 Miles Boca Raton - 25 Miles West Palm Beach - 50 Miles
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Ivory 214 will be located in Aventura, Florida. This property is just two blocks from the Aventura Hospital, which has been designated a “Trauma II” facility – one of the only two facilities with that designation in Miami. The surrounding area is classifjed as the “Medical Offjce District” and only allows construction
- f medical service facilities and related services. This area is the
epicenter for medical facilities, including the hospital as well as 300 surrounding medical practices. Along with medical facilities, a major new development, “Aventura Gateway” is in the planning stages and will be built next door to Ivory 214. This space will
- fger 300,000 square feet of retail and three residential buildings.
To help alleviate road congestion and provide easier access to the area, the City of Aventura recently approved a Master Road Plan for the Medical District. This plan calls for the construction
- f 214th Street, which will connect US-1/Dixie Highway with
Biscayne Boulevard. Furthermore, the new passenger train will stop just three blocks from Ivory 214, making it simple to reach Ivory 214 without a vehicle.
LOCATION
LOCATED IN THE HEART OF THE AVENTURA MEDICAL DISTRICT
- State Population: 19.89 million (2014) -
Third most populated state in the U.S.
- State GDP: 789.8 billion (2015) - Fourth
largest economy in the nation
- No state personal income tax
- Florida average temperatures of 28
(C) degrees in the summer and 20 (C) degrees in the winter Top Universities in South Florida:
- Florida International University
- Nova Southeastern University
- University of Miami
Top Health and Wellness Facilities:
- Aventura Medical Center (Aventura, FL)
- Cleveland Clinic (Weston, FL)
- Baptist Hospital (Miami, FL)
- Jackson Memorial Hospital (Miami, FL)
FACTS ABOUT SOUTH FLORIDA
Travel Hub
- Miami International Airport - 2nd airport
in the U.S. for international travel
- Ft. Lauderdale International Airport -
26.9 million passengers (2015) - One of the fastest growing airports in the U.S.
- Port of Miami - Busiest passenger cruise
port in world
- South Beach - rivals Riviera as
international tourist attraction, magnifjcent beaches Gateway to the Americas and the World
- More than 100 fjnancial institutions
- More than 300 Fortune 500
multinational corporations have regional and worldwide headquarters in Miami- Dade County
Port of Miami Aventura Mall Miami International Airport South Beach
CONSULTANTS & PARTNERSHIPS
HOTEL PARTNER As a part of the Hilton portfolio, hotels in Tapestry Collection come with the brand’s expected reliability, including Hilton Honors, the award-winning guest benefjts program. When you choose a Tapestry Collection hotel, you can count on Hilton’s seal of quality. HOTEL OPERATOR Driftwood Hospitality Management is a leading hotel management company that
- perates approximately 50 hotels with more than 9,000 rooms throughout the United
States and Costa Rica. The company’s current portfolio includes a broad cross-section
- f brands and ranges from full-service hotels and resorts to mid-size select-service,
extended stay and independent boutique properties. MEDIA AND EVENTS Levy Public Relations & Events is a leading marketing agency in the industry which
- fgers results and collaboration for its clientele via unique strategic media placements
and business relationships. Specializing in both the national and international arena, Levy delivers a fresh and creative vision for its clients. Levy’s expertise includes public relations, strategic marketing plans, social media, and events. Through established relationships with media in the US, Latin America, and abroad, we have launched numerous successful marketing campaigns worldwide. ACCOUNTANT Gerson Preston, Klein P.A., is a full-service public accounting fjrm that has a wide range of clients in South Florida. They are ranked among the Top 200 fjrms in the US ofgering a full line of accounting services including tax, audit, advisory, and litigation support. BRIDGE FINANCING Bridgelnvest, is a Miami-based real estate lender focused on short-term fjnancing or “bridge loans” secured by commercial real estate. They ofger fmexible and reliable fjnancing solutions-with a fast and effjcient approval process-to help high-quality borrowers execute their business plans, capture timely market opportunities and quickly repay their loans. With over 20 years of proven, on-the-ground expertise in loan origination, their team is well- equipped to analyze, structure and close any commercial real estate deal in 1-4 weeks. ARCHITECT Idea International Design (IDEA), is the US presence of SMi group, with headquarters in Montreal Canada. The SMi Group has over 1,100 employees, in Canada, the US, the Middle East, Africa, and Europe. INTERIOR DESIGN SDH Studios is a young, innovative practice that focuses on creating spaces that inspire. With an ongoing search for the essence of architecture and design, a strong emphasis is placed on light, form and function. SDH strives to develop designs that encapsulate the heart and individuality of each client. The client’s vision of the project is a key component of the holistic approach to the design and development process. GENERAL CONTRACTOR Winmar/Coastal Construction Group, has been building throughout South Florida for fjve
- generations. Operating in Florida for more than 25 years, Winmar/Coastal employs more
than 400 people and has developed a distinguished roster of public and private clients. Winmar/Coastal focuses on nine primary markets: Commercial, Hospitality, Education, Residential, Mixed-Use, Interiors, Worship, Historic Restoration, and Disaster Recovery. Coast has won numerous national, regional, and local awards. FOUNDATION CONTRACTOR JLU Piles is a complete in-house operation, we own all our equipment therefore eliminating the need to hire any outside services; we even provide our own equipment hauling, allowing us to be on time and effjcient. All of which enable us to provide the best, most dependable service available. That is how we at JLU have had such success in such a short time. STRUCTURAL ENGINEERS Bliss & Nyitray, Inc., vision is that the company exists to make their clients’ dreams and visions become a reality through the blend of Art and Science which is Engineering. The mission of BNI is to provide structural engineering services responsive to the needs of their clients. Working in partnership with their build team, employees, colleagues and community, they strive to promote excellence in performance and a safe environment for all the people who will enter the doors of each building they engineer. TESTING NV5 provides engineering and consulting services to public and private sectors, delivering solutions through fjve business verticals: Construction Quality Assurance, Infrastructure, Energy, Program Management, and Environmental. With offjces nationwide and abroad, NV5 helps clients plan, design, build, test, certify, and operate projects that improve the communities where we live and work. As engineers, architects, construction/program managers, and environmental professionals, NV5 plays a signifjcant role in shaping their communities through the services they provide. EXCLUSIVE SALES TEAM Cervera Real Estate is a South Florida based family owned and operated real estate
- company. Their nearly half-century transforming the South Florida landscape has taught
them that personalized customer service ensures the satisfaction of their clients. A far reaching and unrivaled international network and decades on the ground have cultivated unique and long-lasting relationships with developers, architects, investors, and real estate fjrms that are crucial to the success of their clients and partners. ECONOMIC IMPACT CONSULTANT Baker Tilly Capital, LLC has expanded its EB-5 service ofgering with the strategic combination of Wright Johnson LLC. The addition of Wright Johnson’s consulting practice- specializing in economic studies, business plans and regional center operation plans-adds to the depth of the Baker Tilly Capital’s EB-5 services. Together, Baker Tilly Capital has successfully prepared hundreds of economic studies to evaluate and summarize the job-creation and economic impact attributed to regional center designation and individual EB-5 projects. Methodologies and economic research are well-vetted and considered to be in accordance with the best practices and standards of professional economists
- nationwide. Baker Tilly Capital, wholly-owned by Baker Tilly Virchow Krause, LLP, is a
broker-dealer member of FINRA and is approved to ofger EB-5 investments. NES FINANCIAL NES Financial is a market leader in EB-5 escrow and fund administration solutions and has served over 450 projects representing $20 billion in EB-5 capital. NES partners with leading banks to ensure funds are held safely on deposit. The company’s technology increases security and provides 100% transparency, enabling investors to monitor their investment online. Company leaders are active Board Members of IIUSA and the EB-5 Investment Coalition. SAUL EWING ARNSTEIN & LEHR LLP Saul Ewing Arnstein & Lehr LLP was founded in 1893, the fjrm represents numerous Regional Centers and developers in EB-5 ofgerings, which include more than 200 projects. Our team lectures and publishes in the EB-5 corporate/securities fjelds, served on the Best Practices Committee of Invest In the USA (“IIUSA”) and currently serves on the Compliance Committee of IIUSA. FLORIDA EB5 INVESTMENTS, LLC REGIONAL CENTER [W09000940] is a USCIS-designated regional center which has been operating as an offjcial regional center since its initial approval on July 15, 2010. The geographic scope of its economic development activities is the entire State of Florida. The sole principal is Walter M. Cummins, Jr.
Winmar Construction
Company Overview
2820 NE 214 St. Aventura, Florida 33180 786-520-4146 www.Ivory214.com/EB5 eb5@ivory214.com