NES Financial offers a series of articles written by industry experts addressing best practices and pressing issues in the EB-5 industry, such as EB-5 job estimation to satisfy the 10 jobs per investor job creation requirement.
This article by Jeffrey Carr of Economic & Policy Resources, “Best Practices” for Estimating Construction Activity Under the EB-5 Regional Center Program, considers a marketplace that relies heavily on jobs created by construction activities, and specifically, the importance of accurate EB-5 job estimation.
EB-5 job estimation in construction activity is an intricate process, involving project developers, EB-5 investors, economists, USCIS, and other stakeholders. Other factors, such as timing — generally 24 continuous months after the project breaks ground for EB-5 job creation purposes — add to the complexities.
“Best Practices” for Estimating Construction Activity Under the EB-5 Regional Center Program discusses these complexities in depth, including:
- Direct, indirect, or induced jobs v. “soft construction costs”
- Applying the final demand multiplier through selected input-output tools
- Adjustments for inflation to the input-output tool’s base year
- Proper aggregation of job impact study results
To read “Best Practices” for Estimating Construction Activity Under the EB-5 Regional Center Program, download the full eBook, Insights from Experts: Medallion Partners Cover Hot Industry Topics.
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