EB-5 Investors from Indiana Seeking EB-5 Investment

 

EB-5 investors from Indiana seeking an EB-5 investment should consider the benefits of investing in an EB5AN EB-5 visa project.

Why Do Most EB-5 Investors Use Regional Centers?

EB-5 regional centers streamline the EB-5 investment process for potential EB-5 applicants and make it easier to demonstrate required job creation. Specifically, only regional centers may use the indirect method of calculating jobs through an approved economic methodology. This means that EB-5 investors must show only that their invested funds were spent according to the business plan rather than documenting that full time (W-2) employees were hired and remained employed for at least two full years.

EB5AN maintains multiple USCIS-approved regional centers with broad geographic coverage, enabling it to immediately sponsor strong EB-5 projects across the United States, including Indiana.

The EB5AN State of Indiana Regional Center

Potential EB-5 investors may select EB-5 investments located anywhere in the United States. Those living in Indiana, however, may simply want to invest in projects located within the state, and EB5AN already has a USCIS-approved regional center in Indiana.

The EB5AN Midwest Regional Center is expected to receive USCIS approval in 2023, at which time it will be licensed to sponsor EB-5 investment projects throughout all 92 counties in the state of Indiana, including the largest cities in the state.

With a population of 887,642, Indianapolis is the state’s largest city and anchors the 29th-largest economic region in the nation. It is perhaps best known for annually hosting the world’s largest single-day sporting event, the Indianapolis 500.

As Indiana’s second-largest city, Fort Wayne is home to 265,974 inhabitants. As the principal city of the Fort Wayne metropolitan area, Fort Wayne is the cultural and economic center of northeastern Indiana.

Housing 118,414 people as of the 2020 U.S. census, Evansville is the third-largest city in Indiana. It is the principal city of the Evansville metropolitan area, a major commercial, medical, and cultural hub of southwestern Indiana and the Illinois–Indiana–Kentucky tri-state area.

Green Card Benefits for Indiana EB-5 Investors

The direct benefits of making an EB-5 investment in Indiana include the following:

Residency and Citizenship Benefits

  • EB-5 is one of the fastest methods to gain permanent residency in the United States for the EB-5 investor, his or her spouse, and their unmarried children under 21 years of age.
  • Retired Green Card holders can access their pensions earned abroad and in the United States. They may also qualify for Medicare and other social welfare programs.
  • Green Card holders may apply for U.S. citizenship after a minimum of five years of established permanent residency in the United States.

Employment Benefits

  • Green Card holders are free to live and work anywhere in the United States, without restriction.
    • Live anywhere, from the beaches of California and Hawaii to the mountains of Colorado, from a quiet, rural town to the hustle and bustle of New York City.
    • Live in states such as Indiana and Texas with no state income tax.
  • The EB-5 program does not require a visa sponsor or employer sponsor
  • Green Card holders do not need an H-1B work visa in order to work.

Travel Benefits

  • Green Card holders can leave and enter the country without being denied reentry, although some travel restrictions apply.
  • Green Card holders are free to travel to any part of the United States.
  • In the event of a political change or significant event in the investor’s home country, the investor and his or her family can immediately gain entry to the United States.

Education Benefits

  • Green Card holders have free access to public elementary, middle, and high schools and lower-cost in-state tuition at public colleges and universities.
  • U.S. residency improves the likelihood of U.S. university admission by as much as 350%.
    • Green Card holders qualify for in-state tuition, financial aid, and scholarships.
    • Permanent residents can also work while studying, complete internships, and apply for postgraduate positions.

Primary EB-5 Investment Requirements

The primary EB-5 investment requirements can be summarized as follows:

  • Investing a minimum of $800,000 for EB-5 investments made in rural or high unemployment areas designated as targeted employment areas (TEAs). Projects outside of TEAs require an investment of $1,050,000, but all of EB5AN’s EB-5 investment projects are located in TEAs and qualify for the lower investment threshold of $800,000.
  • Creating or preserving at least 10 full-time jobs for qualifying U.S. workers that last a minimum of two years.
  • Investing in a new commercial enterprise or a troubled business.
  • Maintaining the at-risk status of the investment and using investment funds that have been lawfully sourced.

How to Evaluate EB-5 Investment Projects

EB-5 investors based in Indiana should evaluate both financial and immigration risk when selecting an EB-5 investment project.

One of the requirements of a successful EB-5 visa investment is that the investment capital must be at risk for the duration of the investment. This is to ensure investors actually invest their capital and are not simply “buying” a U.S. Green Card.

“At risk” does not mean that EB-5 investors are required to invest in “risky” projects. Quite the contrary—EB-5 investors are strongly recommended to conduct thorough due diligence to minimize their exposure to financial and immigration risk.

EB5AN, in collaboration with Klasko Immigration Law Partners, has developed an EB-5 Project Risk Assessment Tool for EB-5 investors. This highly functional, easy-to-use tool guides investors through the initial diligence of EB-5 projects from both financial and immigration risk perspectives.

Download our EB-5 Project Risk Assessment Questionnaire

More Information about Indiana

Indiana: Population and Income Demographics

According to the U.S. Census, Indiana has a population of 6,805,985. Of this, approximately 3,419,218 people are in the labor force, with 3,259,178 employed and 160,040 unemployed.

Indiana: General Economic Outlook

Indiana covers an area of 36,418 square miles, with an approximate width of 140 miles and a length of 270 miles. This implies a population density of 189 people per square mile.

Indiana’s capital, Indianapolis, is the state’s largest city and largest metro area. Indiana’s 2021 gross domestic product (GDP) was $346.24 billion. This implies a per capita GDP of $61,760.

A large portion of Indiana’s income comes from the manufacturing industry. According to the Labor of Bureau Statistics, nearly 17% of the state’s non-farm workforce is employed in manufacturing. Moreover, Indiana has been the largest steel producing U.S. state since 1975, accounting for 27% of all steel production in the nation. Other major manufactures include pharmaceuticals, transportation equipment, chemical products, electrical equipment, rubber, rubber and coal products, and factory machinery. Indiana is also the second-largest auto manufacturing state and eighth-largest agricultural exporter in the United States: the top five agricultural commodities are corn, soybeans, meat animals, poultry and eggs, and dairy.

EB-5 Investors from Indiana

EB5AN has EB-5 investment projects that are available to residents of the state of Indiana. EB-5 investors from Indiana can inquire about EB-5 investment projects that are currently open to investment and are sponsored by an EB5AN EB-5 regional center.

No matter where you live in Indiana, if you are a foreign national considering making an EB-5 investment, the team at EB5 Affiliate Network can help. Click here to schedule a call to learn more about currently available EB-5 investment opportunities.

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