EB5AN: Satisfied Investors and One of the Strongest Track Records in the EB-5 Industry

EB5AN is an EB-5 regional center operator founded in 2013. Its regional center projects include 50+ real estate investment funds across 35+ real estate developments, with more than $8 billion in total project development cost and more than 35,000 EB-5 jobs created. EB5AN has received 34 Form I-956F approvals, 900+ rural and high-unemployment I-526E approvals, and has maintained a 100% I-829 approval rate for investors who have reached that stage. It also has multiple successful regional center projects with original investment fully repaid.

EB-5 investors have several ways to evaluate a regional center project before committing their funds.

They may review the project itself, study the developer’s experience, examine the job creation plan, and consider the investment structure and timeline. They may also hear claims from third parties who are not responsible for the project’s long-term performance. Those outside opinions can be helpful in some cases, but they can also be incomplete, outdated, or misleading.

All of those sources may be somewhat useful. But in most cases, the most reliable way to evaluate an EB-5 regional center operator is to examine its track record. A regional center’s history shows how its projects have performed, how investors have moved through the immigration process, and whether prior investors have received the outcomes they expected.

Numbers do not tell the whole story, but they reveal a great deal about a sponsor’s discipline, investor focus, and ability to deliver.

EB-5 investors should be able to evaluate a regional center through facts they can verify. Investors should be able to see whether prior projects were approved and whether jobs were created. They should also be able to see whether investors advanced through the immigration process and whether the sponsor kept them informed along the way.

This standard matters because EB-5 is both an immigration process and a long-term investment. Investors are choosing a regional center sponsor whose decisions may affect their family’s path to permanent residency and the return of their capital. Before making that decision, they should be able to review the sponsor’s actual record and understand how its projects have performed.

EB5AN’s regional center project record gives investors that kind of evidence.

Since its founding in 2013, EB5AN has managed 50+ real estate investment funds across 35+ real estate developments, with more than $8 billion in total project development cost and more than 35,000 EB-5 jobs created. More than 3,000 investors from over 70 countries are sponsored by EB5AN regional centers. EB5AN investors have received 900+ rural and high-unemployment I-526E approvals, and EB5AN has maintained a 100% I-829 approval rate.

Those figures are only the starting point. Our regional center record should be examined the same way serious investors review any EB-5 sponsor: by looking at USCIS approvals, job creation, repayment, and what investors say after working with us.

Sam Silverman, managing partner of EB5AN, explains why investors should focus on verifiable results: “The strongest measure of a regional center is what it has already delivered for investors. EB5AN’s record shows approved projects, thousands of jobs created, hundreds of investor approvals, and multiple successful repayments.

“Those results reflect the standard we work to maintain every day.”

This post covers EB5AN’s history as a regional center operator. We believe that our track record speaks for itself and positions us as one of the most trusted regional center operators in the EB-5 market.

EB5AN’s Mark on the EB-5 Industry: Raising the Standard for Regional Center Projects

A regional center’s track record becomes more meaningful when it can be reviewed across many projects and market conditions. A single successful project may show that one investment worked as planned. But a long history of multiple projects gives investors a better view of how the sponsor selects projects, works with developers, manages compliance, and communicates with investors over time.

EB5AN has operated in the EB-5 industry since 2013. EB5AN’s regional center platform now includes 50+ real estate investment funds across 35+ real estate developments, with more than $8 billion in total project development cost. These projects have created more than 35,000 EB-5 jobs. More than 3,000 investors from over 70 countries are sponsored by EB5AN regional centers. EB5AN also has a 100% I-956 regional center designation approval rate and 100% I-956G annual compliance rate, with all regional centers in current standing.

Investors can evaluate EB5AN’s record across many different regional center offerings—completed projects, active developments, high-unemployment TEA investments, and rural TEA investments. EB5AN’s EB-5 project locations also span multiple states, including Florida, Georgia, Idaho, North Carolina, Colorado, Texas, Utah, Virginia, Wyoming, and Oklahoma.

The wide geographic reach of our regional centers is also important. A regional center with a narrow geographic focus may be limited to the deals available in one market. EB5AN’s coverage across the continental United States gives us the ability to review projects in different regions and focus on opportunities that fit our underwriting standards. This has become especially valuable in the rural EB-5 market, where location, job creation, project execution, and developer strength all need to work together.

Our approach is to identify institutional-quality real estate projects that meet our internal standards for immigration and financial risk. Our managed projects are structured so they do not depend on a minimum amount of EB-5 capital to reach completion. We also prioritize projects with jobs already created for investors or with projected job creation well above EB-5 program requirements.

USCIS Approvals (Form I-956F and Form I-526E) Confirm Both Project Compliance and Investor Progress

USCIS approvals are one of the clearest ways to evaluate a regional center’s record. Before investors rely on a project, they should be able to see whether USCIS has reviewed and approved the project’s EB-5 structure. They should also be able to see whether investors in the sponsor’s projects have received I-526E petition approvals.

For regional center projects, Form I-956F approval is the project-level milestone. Through this filing, USCIS reviews the EB-5 offering and determines whether the project complies with program requirements. The filing includes the project’s business plan, economic analysis, offering documents, investment structure, TEA evidence when applicable, and other required disclosures. USCIS approval means the agency has accepted the project’s EB-5 structure under the current rules.

EB5AN has received 34 Form I-956F approvals from USCIS for the EB-5 projects it manages. These approvals cover 20 projects and include both rural TEA and high-unemployment TEA investments. EB5AN also has a 100% approval rate on Form I-956F petitions across its managed EB-5 projects.

Since 2013, EB5AN has maintained a 100% USCIS project approval rate for all managed EB-5 regional center projects.

Why are Form I-956F approvals beneficial for EB-5 investors? When a project has already received Form I-956F approval, USCIS has reviewed the project’s EB-5 compliance. The investor’s Form I-526E petition can then focus on the investor’s personal eligibility, including lawful source and path of funds and other investor-specific eligibility requirements. This does not remove every risk, but it gives investors a concrete way to evaluate whether the regional center has repeatedly structured projects that meet USCIS requirements.

Investor approvals show the same record from the family’s perspective. Since 2022, more than 900 EB5AN investors have received I-526E approval. Some approvals were issued in less than three months. For our rural TEA projects, the average I-526E approval time has been 10.2 months, and more than 77% of rural I-526E approvals were issued within 12 months.

I-526E approvals represent real immigration progress for EB-5 families. Form I-526E approval is a crucial first step toward a permanent Green Card. It shows that USCIS has approved the investor’s petition, subject to the investor’s own facts and immigration eligibility. For hundreds of EB5AN investors, that milestone has moved their families closer to living, working, and studying in the United States as permanent Green Card holders.

Job Creation Is the Foundation of Long-Term EB-5 Success

For EB-5 investors, job creation is the link between the project and the Green Card process. An investor may receive I-526E approval, but the immigration process does not end there. To remove conditions from a Green Card, the investor must later show that the EB-5 investment created the required jobs.

This is why a regional center’s job creation record matters. Investors should be able to see whether prior projects created enough qualifying jobs and whether current projects have a strong job cushion. A project with jobs already created gives investors a clearer path toward the I-829 stage. A project with projected job creation well above the minimum requirement can also reduce immigration uncertainty.

EB5AN’s regional center projects have created more than 35,000 EB-5 jobs overall. Across EB5AN’s post-RIA projects, since 2022, more than 23,000 EB-5 jobs have already been created, with additional jobs expected as construction continues.

This same focus on job creation also supports EB5AN’s 100% I-829 approval rate for investors who have reached that stage.

Twin Lakes in Georgia is one example. As of September 30, 2026, The Kolter Group had spent $444.8 million on development activities for the project. Those expenditures have created 5,957.9 qualifying EB-5 jobs, enough to satisfy the job creation requirement for all EB-5 investors in the project.

EB-5 Repayment History Gives Investors Another Fact to Review

Repayment is a separate part of EB-5 due diligence. The investment must remain at risk under the rules of the EB-5 program, and no regional center can guarantee repayment. Still, investors should review whether a sponsor’s prior projects have returned investor capital.

A repayment record gives investors another way to evaluate how projects have performed after subscription. It also shows whether the sponsor has worked with developers who can complete projects, manage financing, and exit according to the investment plan.

Past repayment does not guarantee the same result in a future project. But it is still one of the most useful facts investors can examine.

EB5AN has a documented record of successful investor repayments in regional center projects. In 2022, The Kolter Group repaid EB-5 loan funds for eligible investors in EB5AN’s VUE Sarasota luxury condominium project. Thereafter, eligible EB-5 investors in the VUE Sarasota project received repayment of their invested funds. The project was 100% presold before construction was completed, did not rely on EB-5 funds for completion, and assigned more than 40 eligible EB-5 jobs to each investor.

EB5AN’s repayment record also includes Water Club North Palm Beach. In 2025, the $24.5 million EB-5 loan associated with Water Club had been fully repaid by The Kolter Group. Water Club was EB5AN’s fourth fully repaid investment with Kolter, following Mark Sarasota, VUE Sarasota, and Saltaire St. Petersburg. Each of those projects was completed on time, within budget, and repaid as scheduled. In September 2026, Baker Tilly performed agreed-upon procedures on repayment records for six past Kolter projects, covering six fully repaid loans and investments.

In October 2026, The Kolter Group fully repaid the EB-5 loan for ONE St. Petersburg months ahead of schedule. All 253 condominium residences had been sold and closed, more than 2,000 qualifying EB-5 jobs had been created, and several investors had received Form I-829 approval.

These repayment outcomes give investors a practical way to review EB5AN’s financial track record.

Transparency Before Investment Helps EB-5 Investors Make Better Decisions

Before committing their funds, investors should be able to understand how the project works, how EB-5 funds will be used, and what risks may affect both immigration and repayment.

Transparency gives investors and their advisors the information they need to understand risk before making a decision. In EB-5, that standard matters because many investors are evaluating U.S. real estate projects from outside the United States. They may not know the local market, the developer, the financing structure, or the immigration process. A serious regional center should give them the information needed to ask better questions and compare projects with more confidence.

EB5AN’s focus on transparency goes back to why we were created. Sam Silverman and Mike Schoenfeld started EB5AN after seeing problems in the EB-5 market in the early 2010s, including limited transparency and low-quality projects. That’s why our investors are given access to real project information, not just summary materials or broad assurances.

Before investing, EB5AN investors can review how the investment is structured and how EB-5 capital is expected to be used. They can evaluate the project timeline and the sources of capital behind the development. When applicable, we also provide financial statements and loan documents so investors can better understand the developer’s position and the project’s financing. That kind of disclosure helps investors test the claims being made about a project instead of relying only on verbal explanations or marketing materials.

We have also built a large investor education platform around this same principle. EB5AN has conducted more than 100 webinars on EB-5 topics and has published more than 1,000 YouTube videos, along with hundreds of articles for investors. These resources help investors understand the program before they choose a project. They also give families a way to study the process at their own pace before speaking with attorneys, financial advisors, or our team.

Transparency also continues after investors subscribe. EB5AN investors receive quarterly reports that provide updates on project progress and investment status. Regular reporting creates a record of communication after capital has been committed. It also gives investors a clearer view of how the project is moving forward.

Our investor resources go beyond general education. We have made sample investor applications available so prospective investors can better understand what a strong EB-5 filing may look like. EB5AN has also used full-length investor interviews to let prospective families hear from people who already went through the process. These tools give investors a more practical view of EB-5 than a short testimonial or a project brochure can provide.

We encourage investors to ask questions in writing about project structure, immigration risk, job creation, timing, and repayment planning before they subscribe. They can also speak with EB5AN’s senior team. This level of access matters—investors should be able to hear from the people responsible for structuring and overseeing the projects, especially before making a major investment decision.

This record of transparency helps explain why we have earned such deep investor trust and an outstanding reputation in the EB-5 market. We do not ask investors to rely on vague confidence. We give them documents to review, questions to ask, updates to follow, and real investor experiences to consider.

When our transparency is viewed alongside our USCIS approvals, job creation record, repayment history, and 100% project approval rate, it shows a regional center platform that has repeatedly delivered for investors.

In an industry where trust must be earned over many years, our record makes a strong case that EB5AN is one of the most reliable regional center operators in the EB-5 market.

EB5AN Investors Describe the Same Record in Their Own Words

Our transparency record is also reflected in what EB5AN investors say after working with us. Prospective investors do not have to rely only on our description of the process. They can hear from real investors who explain why they chose EB5AN, how they reviewed the projects, and what gave them confidence before subscribing.

These interviews show a consistent pattern. Investors trusted EB5AN because they could review meaningful project information, speak with the team, and understand the reasons behind each project’s structure. Rahul from India said EB5AN “never pressured me” and made sure he had “all the information I needed” before making a decision. That is the kind of experience serious investors expect when they are committing substantial capital to a long-term immigration process.

Karthik from India described the same trust from a different angle. He had compared EB5AN with other regional centers and found our communication much stronger. When he reviewed the subscription agreement, he said it felt like he was entering business with “people that were trustworthy.” He also pointed to our USCIS approval record and the fact that the jobs for his Twin Lakes project had already been created. For him, trust came from both the people and the facts behind the project.

Ram from India focused on the practical side of our transparency. He said EB5AN “provided a lot of detail” and “responded to my questions quickly.” He also credited our videos with helping him understand the EB-5 process during his early research. Many EB-5 investors begin the process with limited knowledge of U.S. immigration rules and real estate project finance. EB5AN’s resources helped him ask better questions and make a more informed choice.

Investor trust also depends on whether the project performs financially. Ravi’s experience with our Saltaire St. Petersburg project shows that full-cycle outcome. He said the project continued moving forward even during COVID, that the units were sold, and that he received his 6% return as promised.

He received an “investment return of $95,000” three years after the project start—a significant and timely return. Ravi also received his EAD and advance parole, which gave him more control over his job, travel, and family plans. Looking back, he called EB-5 “one of the best investments I have made.”

Other investors have described our regional center record in similarly direct terms. Sanjay from India called EB5AN “one of the best regional centers” and pointed to our filing record, successful projects, and knowledgeable team. His comments reinforce the same message found throughout EB5AN’s interview series: investors trusted us because they saw real experience behind the process and received clear support along the way.

Questions EB-5 Investors Can Use to Verify a Regional Center’s Track Record

Investors should evaluate any EB-5 regional center through direct questions. A strong sponsor should be able to answer with facts.

EB-5 investors can start with these questions:

• How long has the regional center been operating?
• How many regional center projects has it managed?
• Has USCIS approved its regional center projects?
• How many Form I-956F approvals has it received?
• Have investors in its projects received I-526E approvals?
• Have its projects created enough jobs for investors?
• Have investors reached I-829 approval and permanent Green Cards?
• Have prior projects repaid investor capital?
• Does the sponsor provide project documents before subscription?
• Does it provide regular updates after investment?
• Can investors ask direct questions before making a decision?
• Are real investors willing to speak publicly about their experience?

EB5AN’s regional center record can be reviewed through each of these questions. EB5AN has operated since 2013, managed dozens of regional center investments, received repeated USCIS project approvals, and helped hundreds of investors move forward in the immigration process. EB5AN’s projects have created jobs at scale, prior investments have been repaid, and investors have publicly described EB5AN’s transparency, communication, and support.

EB5AN’s Track Record Is Built on Verifiable Results

EB-5 investors should choose a regional center they can evaluate through facts. Our record gives investors that basis. EB5AN’s regional center projects have received repeated USCIS approvals, created jobs at scale, supported hundreds of investor petition approvals, produced successful I-829 approvals, and repaid investors in multiple completed projects. Just as importantly, we have built that record while giving investors access to project information, regular updates, and direct communication with the team responsible for managing the investment.

EB5AN Regional Center Track Record at a Glance

• EB5AN was founded in 2013.
• EB5AN has 50+ real estate investment funds across 35+ real estate developments.
• EB5AN’s projects have $8B+ in total project development cost.
• EB5AN’s projects have created 35,000+ EB-5 jobs.
• 3,000+ investors from 70+ countries are sponsored by EB5AN regional centers.
• EB5AN investors have received 900+ rural and high-unemployment I-526E approvals.
• EB5AN has received 34 Form I-956F approvals.
• EB5AN has a 100% USCIS project approval rate for managed regional center projects.
• 100% of investors met the job creation requirement at I-829 filing.
• EB5AN investors have a 100% I-829 approval rate.
• EB5AN has multiple successful regional center projects with original investment fully repaid.

That is why EB5AN has earned the trust of so many investors globally. We have shown, over more than a decade, that we can select quality projects, manage EB-5 compliance, communicate clearly, and help our investors succeed.

To learn more about EB5AN and our available projects, schedule a free consultation today.