On January 10, the Shenzhen branch of WorldWay Immigration held a grand presentation for the New York Freedom Garden Luxury Apartments, focusing on VIP clients with a one-on-one lecture format. WorldWay immigration experts engaged closely with clients, providing detailed and thoughtful explanations to the difficult questions raised by clients, allowing them to enjoy a personalized and exclusive service.
The New York Freedom Garden Luxury Apartment project is the largest apartment project in the Brooklyn area of New York and is the only large luxury apartment project in the vicinity that offers landscaped gardens, retail, a swimming pool, a spa, and a fitness center, making it highly competitive in the market. The project includes 429 luxury apartments, 203 parking spaces, and a retail area. The apartments are positioned as luxury rental apartments, featuring high-end renovations and appliances, with interior design by renowned designer MARK ZEFF, targeting high-income individuals working in Manhattan.
The New York Freedom Garden Luxury Apartment project boasts a world-class team of immigration experts, developed in collaboration with three major U.S. law firms (Greenberg Traurig, Fragomen, and Klasko). The developer is one of the largest and most successful private real estate developers in the United States. The foundation of the project is currently under construction, with completion expected in 2016.
In terms of U.S. investment immigration, the New York Freedom Garden Luxury Apartment project has the following outstanding advantages:
First, I-924 has been approved by the immigration bureau for this advantageous property project.
The New York Freedom Garden Luxury Apartment project has received pre-approval for I-924 from the U.S. immigration bureau, which means that the immigration bureau has pre-approved the reasonableness and legality of the EB-5 investment project. Therefore, when approving the I-526 conditional green card, as long as the project's legal documents remain unchanged, the immigration bureau only needs to focus on the legality of the investor's source of funds, significantly reducing the approval time.
Second, 14.5 times high net asset guarantee repayment is fully secured.
The EB-5 funds for the New York Freedom Garden Luxury Apartment project account for only 27% of the total project investment. It will repay the EB-5 investment through refinancing or resale, providing ample repayment security, with multiple collateral backing the loans. Importantly, the founder of the developer provides a personal guarantee for the repayment of the EB-5 project loans. The EB-5 loans have a guarantee repayment of over 14 times high net assets, with equity collateral exceeding 2.8 times, and the founder providing personal asset guarantees of 11.7 times, which is unparalleled in the market!
Third, job creation is substantial, with an employment surplus of 28%.
This project uses the RIM II economic model to calculate employment. U.S. economists estimate that it will create 1,532 jobs, while only 1,200 jobs are actually needed, resulting in an employment surplus of 28%.
Fourth, a rental rate of up to 98% in a Jewish community high-end apartment that is for rent only.
The New York Freedom Garden Luxury Apartment is the largest rental apartment community in Brooklyn, New York, with a beautiful environment and lush greenery; it is conveniently located, with a 15-minute subway ride to Manhattan. The surrounding rental apartment market has strong demand, with an average rental rate of up to 98%, and rents continue to rise. The developer, Lightstone Group, will hold and manage the project long-term, renting only and not selling.
Fifth: The regulatory account mechanism ensures the safety of EB-5 funds.
The EB-5 funds for the project are placed in a regulatory account and will only be released to the project after the I-526 approval is obtained, effectively ensuring the safety of investors' funds. The project will repay the EB-5 investment through refinancing or resale.
According to IIUSA, it is inevitable that immigration visa backlogs will occur in 2015, and this, along with the increase in investment amounts, will become the two key phrases for U.S. EB-5 investment immigration in 2015. WorldWay immigration experts analyze that the key to successful U.S. investment immigration lies in the correct selection of EB-5 projects. Currently, choosing projects that have been approved by the immigration bureau is the best choice to cope with the uncertainties of backlogs and price increases in 2015.
The New York Freedom Garden Luxury Apartment project for U.S. investment immigration is another high-quality project that has received pre-approval for I-924 from the immigration bureau, following the Pennsylvania Turnpike project. Consultation hotline: 400-138-2929
