New EB-5 Opportunities in Florida

tap42-eb5

Para la versión en español, haga clic aquí.

Tapco Restaurant Group, owner and operator of  Tap 42 Craft Beer Bar & Kitchen  in Fort Lauderdale, has closed the last portion of a loan made ​​with funds from foreign investors. The 4.5 million dollar loan comes from immigrant investors applying for EB-5 visas. This investor loan allowed Tap 42 to open restaurants in Coral Gables and Boca Raton.

The loan closed in mid-April. Most of the loan was used to open Tap 42 in Boca Raton, which opened in July 2015. The rest of the loan helped open the third Tap 42 in Coral Cables which recently celebrated its opening.

This investment opportunity is attractive to Latin American investors looking to gain American residence. Seeing the economies of their countries struggling, especially in Venezuela and Brazil, EB-5 visas are one of the fastest ways to move to the United States. Under this visa, a foreigner who invests $500,000 in a project or business that creates jobs for local workers, can become a permanent resident of the USA and eventually American citizen. The opportunity to invest in the USA also offers these investors a way to preserve and grow their capital in a more stable economy.

“American Life Investments LLC is the regional center promoting Tap 42 as an investment opportunity for investors applying for the EB-5 visa,” said Roger A. Bernstein, managing partner of the regional center based in Miami.

“Today, this regional center is sponsoring a second loan with EB-5 funds to help Tap 42 to open four new restaurants in South Florida,” Bernstein said. The goal is to provide Tap 42 with a loan of up to $10 million to bring the gastropub to South Beach, downtown Miami, Aventura and West Palm Beach.

“These investors carefully analyzed the opportunity before investing in Tap 42 and realized that this is a successful company with a strong expansion plan and a group of experienced managers,” Roger Bernstein said. “Most importantly, this expansion will create many job opportunities, which is essential for American citizenship under the EB-5 program.”

Doug Rudolph, CEO of Tap 42 said, “This loan is also very attractive because the interest rate is 6 percent, relatively less expensive than a conventional loan.” Rudolph has over 30 years of experience in this business.

 

For the full, original article (in Spanish), click here.

GlobeSt.com Interview On How To Select An EB-5 Regional Center—Part III

Miami, Florida

Part III of my interview with GlobeSt.com can now be viewed online. During this part of the interview, I address what investors must understand when selecting an EB-5 regional center and the important questions they should consider before moving ahead:

“What is the general partner’s experience in managing multi-million dollar projects? What projects has the partner successfully completed in the past? Make certain that the regional center has a familiarity with the EB-5 program and understands its responsibility to complete the project and create the requisite jobs.”

You can read part III of my interview by clicking here. If you would like to read part I, please visit this link. Part II can be read here.

 


Follow me on Medium: @RogerABernstein and Google+ for more news on the EB-5 Visa.

What countries are qualified to participate in the EB-5 program?

World Continents

A frequent EB-5 Visa question that foreign investors ask is: “What countries are qualified to participate in the EB-5 program?”

Every Country is Qualified

The answer is rather simple: every country is qualified to participate provided you meet the other conditions for EB-5 investors. If you’re from Russia, North Korea, China, France, Spain, anywhere in Europe, anywhere in South America, it doesn’t matter. You’re qualified to participate.

Different than the E-2 Visa

This is not the same as the E-2 non-immigrant visa, which is a temporary 5-year visa for investors. In this case, it’s very limited. There are just some countries on the E-2 country list that are qualified to use it. Therefore, if you’re from Venezuela, Brazil, China, India, Russia, you cannot participate in the E-2 investor program.

Your Eligible Investment

With that said, there are good news for you. If you want to participate in the EB-5, all you need to do is make an eligible investment. Your passport and country do not matter.
 


Read more information about the EB-5 Investor Visa Program by visiting Bernstein Osbern-Braun’s dedicated website. You can “like” me on Facebook for EB-5 Visa updates.

Where Can I Live With An EB-5 Visa?

Miami, FL

One of the questions I’m usually asked as an immigration attorney is whether the EB-5 investor needs to be living in the area in which he has invested. The answer is “No.”

Live Where You Want

Actually, the investor can move about the United States as he wants; he can live where he desires. If he made an investment in Miami, he can live in Los Angeles, he can live in New York, he can live in Texas, anywhere he prefers.

Flexibility

One of the advantages of the EB-5 Investor Visa Program is that you have complete freedom to live and work wherever you want.
Additionally, your children can go to school without restrictions; there are no work permits required; you have full conditional residency opportunities giving you flexibility.

 


Please follow me on Google+ at Attorney Roger A. Bernstein if you have EB-5 questions. You can also visit my Pinterest page for more EB-5 updates.