2014 has undoubtedly seen a surge in U.S. investment immigration. At the beginning of the year, Canada suspended its federal investment immigration program, leading many potential applicants to consider the highly attractive alternative of the United States. Meanwhile, with the 10,000 EB-5 quotas for the fiscal year 2014 expected to be exhausted and the proposal to raise the investment amount to $800,000 being discussed in the House of Representatives, the era of "value for money" in U.S. investment immigration is coming to an end. At this time, the number of applicants is surging, and the most urgent need for investors is to quickly select a high-quality and reliable EB-5 project.
As one of the earliest immigration agencies promoting U.S. EB-5 investment immigration in mainland China, Worldway adheres to the philosophy of "selecting premium projects" and, based on strict screening and professional evaluation, grandly launches the Cleveland Phase IIIEB-5Bond Project, which is intended for the expansion of Crocker Park. Worldway is honored to be the exclusive chief agent for this project in China.
Opened in 2004, Crocker Park is a mature large-scale integrated commercial, shopping, leisure, and residential community in Westlake, a suburb of Cleveland. It is undergoing expansion due to the relocation of the new headquarters of American Greetings, a leading U.S. gift company. The Cleveland International Fund (CiF), where the project is located, was awarded "Best Regional Center of 2013" and has a remarkable track record of all past projects being successfully approved. The project attorney is from the renowned top EB-5 law firm Miller Mayer, which was named "Best EB-5 Law Firm of 2013." The firm's partners have participated in drafting the EB-5 legislation and are considered leading attorneys in the EB-5 field.
Currently, Crocker Park attracts 20 million visitors annually. As a continuation of a successful project, the expansion of Crocker Park includes the new headquarters building of American Greetings, the largest gift card design and manufacturing company in the United States. Founded in 1906, American Greetings currently has an annual revenue of approximately $1.9 billion. In addition to its printing and online greeting card business, it has created and owns several famous American cartoon characters such as Care Bears and Strawberry Shortcake.
Investors should pay special attention to the fact that the Cleveland Phase IIIEB-5Bond Project has an employment multiplier of 3.32, meaning that each EB-5 investor is associated with 33.2 jobs, while only 10 job opportunities are required to meet the I-829 employment requirement. The proportion of EB-5 investment in this project is small, accounting for only 10.5% of the total investment, and the EB-5 Limited Liability Company holds the first priority mortgage on the project property, providing solid guarantees for investors' future green card acquisition and fund security.
In 2014, under the dual impact of "visa backlog" and "price increase" in U.S. investment immigration, high-quality selected EB-5 projects like the Cleveland Phase III EB-5 Bond Project are bound to trigger a buying frenzy. Investors interested in immigrating to the United States are encouraged to seize the opportunity and make their purchases as soon as possible. Worldway's "Cleveland Phase III EB-5 Bond Project" national tour briefing is currently in full swing. Interested parties please call the appointment hotline at 400-138-2929 or consult online.
