Bay Creek Is a High-Quality, Low-Risk Rural EB-5 Loan Investment Opportunity with Multiple Safety Features
Bay Creek is a best-in-class EB-5 project in a rural targeted employment area (TEA). As a rural TEA project, the minimum investment is only $800,000, and investors benefit from faster I-526E processing and access to set-aside EB-5 visas.
EB-5 funds will be used to support the development of approximately 340 residential land lots, the construction and sale of approximately 61 homes, and the continued operation of the the golf courses, the clubhouse, and other amenities. The golf courses, designed by legendary golfers Arnold Palmer and Jack Nicklaus, are currently operational with 550 active members.
The project is located on the Chesapeake Bay in Cape Charles, Virginia, and provides access to two miles of private beach and a 350-acre nature preserve, which is ideal for fishing and other water sports.
EB5AN is an EB-5 investment fund manager, USCIS-approved regional center operator, and consultancy. EB5AN helps investors immigrate to the United States through investments in U.S. businesses under the EB-5 program. EB5AN has a track record of excellence and a 100% approval rate from USCIS on all prior regional center projects.
Immigration and Financial Safety Features for Investors
Bay Creek is a compelling rural EB-5 project with an array of features that limit immigration and financial risk.
Secured Loan Structure
EB-5 investments will be used to make a senior loan to fund the Bay Creek project. The EB-5 loan will be secured by a senior mortgage on portions of the property.
Job Creation Guaranty
The Bay Creek project features a job creation guaranty, which means the project will spend all EB-5 funds on EB-5 program eligible expenditures. Construction of Bay Creek is already underway. When completed, the project is expected to create 1,371 jobs, far exceeding the requirement of 10 jobs per investor.
Priority I-526E Processing
Because the Bay Creek project is in a rural TEA, USCIS will prioritize investors’ I-526E petitions. With priority processing, immigrant petitions are adjudicated in months instead of years. An investment in a rural project also gives access to rural set-aside visas, which account for 20% of all EB-5 visas. Having access to set-aside visas means fewer immigration delays.
I-526E Approval Refund Guaranty
Multiple investors in the Bay Creek project have already received their Form I-526E approvals from USCIS. The first Form I-526E approval was received in June 2025—just six months after filing the petition in December 2024.
Fund Administration
PRXY Fund Services, a third-party fund administration services company, will facilitate the administration of the fund in compliance with the integrity provisions of the RIA. Their proprietary PRXY Co. platform tracks and records all EB-5 draws and project expenditures throughout the project lifecycle and provides EB-5 investors with a real-time view of comprehensive project metrics.
Bay Creek
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Bay Creek
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EB-5 Offering Terms
| Project Developer | EB5AN |
| EB-5 Offering | $40,000,000 |
| Min. Investment | $800,000 |
| Structure | Secured Loan |
| Annual Return | Fixed Preferred Return |
| Term | 4 Years |
| Escrow | Yes |
| I-956F Application | USCIS Pending |
| I-526E Filings | Now Available |
| Project Security | Secured Loan with a Senior Mortgage, I-526E Approval Refund Guaranty, and Job Creation Guaranty |
Bay Creek Project Highlights
Bay Creek is a compelling rural EB-5 project that offers investors a clear path to a Green Card with limited immigration and financial risk.
- The project is a 741-acre master-planned coastal community featuring residential development and recreational amenities, including two award-winning golf courses, a private clubhouse, a 350-acre nature preserve, and miles of private beaches.
- Bay Creek is in a prime rural location on the Chesapeake Bay in Cape Charles, Virginia, with Norfolk International Airport located just 45 minutes away.
- The community has been under development for several years and has previously sold nearly 300 land lots and several single-family homes under the prior ownership group. The project includes infrastructure development, the sale of 340 additional residential land lots, and construction of 61 homes.
- Bay Creek’s two award-winning golf courses were designed by legendary golfers Arnold Palmer and Jack Nicklaus and are professionally managed by Troon Privé, one of the world’s largest golf club management companies.
- The project is expected to create a total of 1,371 EB-5–eligible jobs, which is far more than required for all EB-5 investors.
- Strong sales, with 110+ condominiums already sold at $1M+ average price.
- The EB-5 loan is secured by a senior mortgage on portions of the property.
- The project features a short target investment period, with each investor receiving an individual 4-year loan term.
- The project’s rural TEA status qualifies EB-5 investors for faster I-526E processing.
- Rural TEA status also means access to the 20% EB-5 visa set-aside category, which reduces the length of time investors have to wait for their Green Cards after I-526E approval.
- EB-5 investors can make a partial initial EB-5 investment of less than $800,000 with a commitment to fund the balance within a set period of time.
- EB-5 investors benefit from an I-526E approval refund guaranty and a job creation guaranty.
- EB5AN’s track record includes 30+ prior EB-5 regional center projects with 100% financial success and USCIS project approval on all prior projects.
- H-1B / F-1 / E-2 / TN / L-1 visa holders can immediately adjust their immigration status and concurrently file for EAD and travel documents.
Bay Creek Full Project Video
For more insight into the Bay Creek project, watch the following informative video:
Bay Creek Project Introduction Download
The EB-5 program is complex, and each project is unique. EB-5 investors should take their time to thoroughly review a project before investing. Request a Bay Creek project download to discover how this project fulfills all EB-5 visa program requirements.
Bay Creek Project Location
Bay Creek is located at 1 Clubhouse Way, Cape Charles, Virginia 23310. Explore this location and nearby stores, services, and attractions using the map below:
Bay Creek Construction Photos
Bay Creek Project Gallery
View the gallery below to get a feel for Bay Creek. The gallery includes photos of the community.
EB5AN is a national EB-5 consulting and investment firm with a unique team from a diverse set of institutional backgrounds, which include the following:
- business strategy
- private equity
- capital markets
- real estate
- securities, tax, and immigration law
The firm’s diversely qualified professionals give it an advantage in identifying and structuring EB-5 deals from multiple perspectives. They work with established developers in the United States interested in creating economically feasible and financially sound EB-5 projects.
Bay Creek will be developed under the leadership of Bobby Masters, the General Manager of Bay Creek since January 2020. Mr. Masters has worked on master-planned communities with extensive amenities for nearly 40 years. In that time, he has led development and sales at more than 15 communities with over 30,000 homes on more than 25,000 acres of land.
Erin Osborne is the founder and managing partner of EB5 Economist, an economic research firm specializing in analyzing the economic impact of EB-5 projects.
The team at EB5 Economist has completed more than 100 EB-5 economic impact reports and is well respected in the EB-5 industry.
The firm is based in South Florida and works with EB-5 projects nationwide.
Metropolitan Commercial Bank is a New York City–based full-service commercial bank that provides a broad range of business, commercial, and personal banking products and services.
The company is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).
Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States, with offices throughout the United States, Grand Cayman, and China.
They offer an extensive range of professional services and a high degree of specialization. Marcum is a founding member of the Leading Edge Alliance (LEA).
As the second-largest international professional association, LEA Global opens doors in the more than 106 countries where its 220 member firms operate.
PRXY Fund Services is a third-party fund administration services company.
Their proprietary PRXY Co. platform tracks and records all EB-5 draws and project expenditures throughout the project lifecycle and provides EB-5 investors with a readily available, real-time view of comprehensive project metrics.
