EB-5 INVESTMENT PROGRAM CAPITOL AREA REGIONAL CENTER™ PROGRAM PROCESS.
If you have interest in qualifying for EB-5 investor visa, we need you first to fill out the Investors Suitability Form, provide 2 sets of identification documents with bearer signature (passport and internal document) and forward to us to determine your qualifications to participate in the CARc EB-5 Program. There is no obligation or costs to obtain a review of the suitability to participate in the EB-5 program.
Generally, individuals who have a net worth of at least US$1,000,000, or who expect annual income this year and had income over the past two years of US$200,000 or joint income with spouse in excess of $300,000 in each of the past two years, or subscriber is a limited liability company or partnership not formed for specific purpose of investing in the Fund, with total assets in excess of $5,000,000 and who are foreign person who are non-resident in the U.S., may apply to participate in the Capital Area Regional Center Program and, if approved, make an investment in a CARc sponsored investment Fund.
To qualify, an Investor must: Submit Investor Suitability Form and 2 forms of valid identification.
Review the Fund’s Offering Memorandum with their legal and financial advisors
Sign retainer agreement with Serge Bauer, PC as an attorney to process investor immigration visa application.
Complete and submit CARc’s Application.
Once notified of approval by CARc, receive and review the JOB Fund offering documents, sign the Fund Subscription Documents.
Deposit a minimum of US$500,000, into the Fund’s HSBC Bank escrow account.
Pay management fee and application expenses (security background processing fee).
Submit a petition (on Form I-526) for the EB-5 visa to USCIS within 45 days after Subscription to the Fund.
Receive a decision of the Investor visa within 180-360 days from the date of filing from the US Immigration Service.
Finalize the process of obtaining immigrant visa and temporary alien registration card or “green card” at the US Consulate or District Office in the United States .
In addition to the above, Client will be responsible for case related expenses: attorneys fee, USCIS, Consular filing fees in addition to the above amounts required for EB-5 visa processing Do I get my money back if my I-526 petition is rejected by the USCIS? Yes.
If for any reason your I-526 visa petition is rejected by the USCIS, upon receipt of a copy of your USCIS rejection notice HSBC, as Escrow Agent, will return to you 100% of the amount of your investment and the Expense Fee that you originally wired into the Escrow Fund when you signed your Subscription Agreement minus direct out of pocket expenses, legal and security processing fees.
Do I have to stay in the U.S. to once I receive my EB-5 visa? No.
As a permanent U.S. resident, you will be able to travel freely within and outside of the United States , the same as any citizen. The USCIS EB-5 regional center program has the added advantage that you may be a passive investor–you are not required to work in or actively manage your investment.
Where does my money go when I do invest in a JOB Fund? When you sign the Subscription Agreement you will wire the amount of your investment in the Fund, plus the Expense Fee, directly to HSBC Bank, as Escrow Agent for the Fund. HSBC will hold 100% of your money, together with the moneys received from other EB-5 Investors in the Fund, in escrow until your initial EB-5 visa petition (USCIS Form I-526) is approved. Until then, it will be invested for the benefit of the Fund in the HSBC Investor U.S. Government Money Market Fund, a short-term mutual fund managed by an affiliate of HSBC Bank. After your I-526 is approved, your money will be released to the Fund. Your investment amount will be credited to your Capital Account and deposited in the Capital Account of the Fund, and the Expense Fee will be transferred to the Fund’s Operating Account.
How large will the Fund be in terms of total dollars invested? Under U.S. securities laws, the Fund must have fewer than 499 different investors. The Manager estimates that the Fund will be initially capitalized at between US$250 million and US$500 million, depending primarily upon how many Applications are received, how much each approved. Applicant decides to invest, and the timing of their investments.
What kind of investments will the Fund make? The Fund will invest in a diversified portfolio of real estate development projects. Property types may include residential (rental apartments and condominiums or cooperatives); commercial & industrial (hotel/hospitality, retail, industrial, offices, civic buildings, theaters and stadiums); or mixed use projects containing more than one of the above property types. Fund investments may be made in the form of equity, participating loans, secured mortgage loans, or in combinations. More details on the Fund’s investments are described in the Private Placement Memorandum provided to potential investors once they have be based determined to be qualified to invest in a CARc sponsored Job Fund.
Where will the Fund’s investments be located? All the Fund’s real estate project investments will be located within CARc’s USCIS approved “regional center” area, one of the top real estate markets in the world, including the city of Washington, D.C., the city of Alexandria, Virginia, and the four surrounding counties (Fairfax and Arlington Counties in Virginia, and Prince Georges and Montgomery Counties in Maryland).
Complete terms and conditions are provided in the Subscription Agreement and the Private Placement Memorandum of the Fund, which will be made available only to qualified potential investors and their legal and financial advisors. For more information please contact Serge Bauer, Esq. or the Capitol Area Regional Center™ to request a copy of CARc’s Suitability Evaluation Form.
This summary is not complete, does not constitute an offering of securities, which may only be made to accredited investors in accordance with applicable securities laws and regulations.
THIS IS NOT AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES. ANY OFFER OF SECURITIES IN ANY SPONSORED JOB FUND MAY ONLY BE MADE PURSUANT TO A WRITTEN OFFERING MEMORANDUM AND ANY SALE OF SECURITIES IN SUCH FUND SHALL BE EVIDENCED BY A SUBSCRIPTION AGREEMENT EXECUTED BY THE POTENTIAL INVESTOR. THE UNITS WILL BE OFFERED AND SOLD (i) OUTSIDE OF THE UNITED STATES IN RELIANCE ON REGULATION S UNDER THE SECURITIES ACT AND (ii) INSIDE THE UNITED STATES UNDER THE EXEMPTION FROM REGISTRATION PROVIDED BY SECTION 4(2) OF THE SECURITIES ACT AND REGULATION D PROMULGATED THEREUNDER AND OTHER EXEMPTIONS OF SIMILAR IMPORT PURSUANT TO THE LAWS OF THE STATES AND JURISDICTIONS WHERE THE OFFERING WILL BE MADE. NO OFFER TO SELL OR SOLICITATATION OF AN OFFER TO BUY UNITS MAY BE MADE IN ANY JURISDICTION IN WHICH, OR TO ANY PERSON TO WHOM, IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR SALE.
Please call us for additional information regarding EB-5 visa program.
General information on EB-5 visa program, see www.uscis.gov
