Washington, D.C. - The 80 subscription slots for Phase II of the CityCenterDC project were sold out within the last two and a half months. As the sole chief agent for this project in China, Worldway holds a market share of over 50%. Following a decision by the Regional Center and Worldway, this project was officially closed on June 8. The Washington Regional Center is about to launch another new project supported by the District of Columbia government, which has attracted significant attention from global EB-5 investors. Worldway will continue to serve as the sole chief agent for this project in China. Please stay tuned to the Worldway website for the latest updates.
Since the launch of CityCenterDC Phase II, the project has been highly favored by Chinese investors, many of whom consider it an ideal investment with advantages far exceeding other EB-5 projects: it is located just one mile from the White House; it is the only key infrastructure EB-5 project specifically approved by President Obama; it is the only EB-5 project that can be verified on the White House website; and the job creation generated by this project is 2.6 times the requirement set by the USCIS, making it the real estate EB-5 project with the highest job creation ratio, fully satisfying the USCIS requirements for the removal of conditions on green cards.
CityCenterDC is one of the 14 fast-track infrastructure projects specifically approved by President Obama and is the only EB-5 project in 22 years that can be viewed on the White House website. The U.S. federal government and the District of Columbia government have provided 56% of the project funding in real capital, and all EB-5 investors in Phase I of the project have received approval from the USCIS. There is no doubt that applications for Phase II will be approved.
"CityCenterDC Phase II" is located in a TEA area, one mile from the White House. Washington, D.C. is the capital of the United States and the seat of the three pillars of the federal government: the White House, Congress, and the U.S. Supreme Court, as well as the location of numerous federal agencies and international organizations. Furthermore, height restrictions in downtown Washington keep housing prices high, which accelerates the redevelopment of older districts. "CityCenterDC Phase II" was born out of this market demand. The project officially broke ground on November 18, 2011, and is currently progressing well. Investors can track the project's progress 24 hours a day via webcams installed at the site, ensuring the protection of their individual rights.
The project creates 2,394 jobs. The removal of conditional green cards for the 10 investors in Phase I and up to 80 investors in Phase II requires only 900 jobs to meet USCIS requirements. The job count has been recognized by the U.S. Department of Housing and Urban Development.
The Regional Center Chairman and EB-5 Limited Partnership Manager, Attorney David Morris, is one of the ten key attorneys on the American Immigration Lawyers Association's EB-5 Committee. With 18 years of experience in EB-5 immigration consulting, he will lay a solid foundation for investors to obtain permanent green cards.
Worldway has focused on the investment immigration industry for 15 years. It is a large-scale professional investment immigration institution with two brands, immigration licenses in three regions, and seven branches. For two consecutive years, it has been the only immigration institution in the industry to receive the "Best Immigration Agent Award" at the U.S. EB-5 Annual Conference. We have an absolute advantage in U.S. EB-5 projects and are the sole chief agent and key partner for dozens of U.S. regional centers in the Greater China region. The launch of CityCenterDC Phase II has been enthusiastically received by investors due to the advantages of this selected project, and all slots were filled in a short period, once again demonstrating Worldway's outstanding influence. Worldway will continue to strive for excellence and will act as the agent for another highly valuable new EB-5 project launched by the Washington Regional Center. We invite all immigration investors to stay tuned.
