cranston

Philadelphia seems very safe and I would recommend them.

New Orleans RC is very opaque and when I spoke with the principals and I found their responses totally unsatisfactory.

I am with Seattle. IMO we are in a multi-year depression and I am going to either have a big loss or be invested for a very long time. I have spoken to others (value investors) who think buying property in the current dip will work out alright.

Jay Peak - I resisted due to personal bias. I wont have anything to do with the sking business.

Regards

goldenstate31

John
basically they need to see that your investment is real!
thats why most of the time this is a conditional green card. Once you have satisfied uscis of the investment, most investors if not all have their conditional green card replacement with a perm one

goldenstate31

I didnt think you could invest in property as part of the EB5

Ray

Yup ..Seattle I thing was mainly office building

goldenstate31

Ray your a Star!!

John_K.

Cranston Thanks very much. I have a little bit more faith in the skying business and might give it a try. I suggest that all of us will get back to this forum with some feedback on how it went.

porvera

I invested in Phase one at Jay Peak.

Phase 1 is the 57 suite hotel that opened in December. Details of phase 2 are available on the web.

We are very happy with the Jay Peak EB5 programme and with the backing of the Governor and State Senator it is one of the "real" EB5 programmes that you can see and touch.

Obviously, it is up to the individual to pick which programme they feel most comfortable with. I know from personal experience at JP that I would definitely recommend this Regional Centre but as I have not experienced any others I am of course biased.

I think it was Warren Buffet who said something along these lines "If I dont understand it I dont invest in it"

Good luck with which ever one you decide to go with.

Porvera

John_K.

Povera,

Thanks for the feedback which is clearly helpful for the decision process.

Trevski

Hi
Please excuse me for asking as im new to the E5 , after you have got the permanent green card ,at what stage do you get your money back or is it a case you have bought a stake in JP
thxs
Trev

porvera

There is no set timetable for the funds to be returned.

It is estimated that this could be 3 years from initial investment but of course it could be 5 years or possibly never. It all depends on how well the hotel does.

In theory we (the investors in phase 1) could start to receive income from the hotel as early as next month. This to me would be a bonus.

No, I have no relationship to Jay Peak other than my EB5 investment.

If possible I would recommend carrying out your due diligence and if possible visiting the regional centre that you want to invest in. I did and would not have invested 500K without doing so.


Porvera

almondcooky

I'm in the process of learning what it takes to become a regional center. I'd like to know from an investor point of view if there are any particular industries that you want to invest in. Or is the emphasis primarily on job creation so you can remain in the US and the industry isn't that important.

goldenstate31

Research!
establish your own center that will address the major concerns that most investors have - including rate of return and exit strategy. All investments have risk - the one good thing about the EB-5 is that your risk is minimised (but not eliminated) - especially with a well established center.

almondcooky

Here is an authoritative assessment of the EB-5 program via a Senate Hearing.
http://judiciary.senate.gov/hearings...ng.cfm?id=3998

porvera

Excellent link.

I think this will give a lot of potential investors and the simply curious a better insight to the EB5 visa.

Porvera

mattrogers

There are a lot of options to consider when selecting an EB5 Visa Program (just like any other investment), and a lot of important questions to ask yourself.

One major difference between many of the centers is the scale of projects that they are undertaking. Some are looking to raise a few million dollars or even less in some cases, while some of the bigger Regional Centers are looking to raise amounts in the hundreds of millions. If these smaller centers are successful at raising their funds quickly, then their projects can start on time and finish on time which means that the necessary jobs are created on time and you are one step closer to getting your permanent residence (and your return on investment). With the larger scale projects, it is a much longer fund raising procedure and thus a longer turn around to finish the project and get your residence.

Matt Rogers