San Jose, CA, December 12, 2013 – NES Financial was recently chosen as the 2013 EB-5 Service Provider of the Year by Artisan Business Group in their Annual EB-5 Awards.
The Awards are given yearly to professionals and service providers who exceed the standard of excellence in the EB-5 industry. NES Financial was presented with the honor for continued success in providing investors and projects with excellent service.
“NES Financial provides very critical services to both EB-5 project developers and foreign investors,” said Brian Su, Artisan Business Group President and CEO. “EB-5 investors are extremely concerned about their investment funds, and NES Financial’s fund administration is a major step to safeguard their interests. We are very glad to select NES Financial for this year’s award.”
The EB-5 visa program, created in 1990, encourages investment into government-approved projects that stimulate US based jobs, while providing an opportunity for foreign nationals to become lawful permanent residents. The visa applicant’s investment is typically held in escrow for several months, pending approval of the I-526 petition by the United States Citizenship and Immigration Services.
NES Financial provides Escrow Administration Solutions and a Fund Administration Solution specifically designed for EB-5. A full audit trail tracks the funds flow throughout the investment life cycle – from the moment the initial investment is made, until the settlement of the investment account after completion of the immigration process. The suite of solutions helps Regional Centers and developers improve operating efficiency and increase transparency for investors.
“The widespread adoption of our services in the marketplace is an indicator of how the EB-5 industry is maturing in its implementation of best practices that lead to increased security, transparency, and compliance for all stakeholders,” said Reid Thomas, NES Financial EVP. “Like our company, Artisan Business Group has a broad perspective on the industry, and it is a privilege to be recognized.”
For more information on EB-5 and NES Financial’s EB-5 Solutions, contact NES Financial.
About NES Financial
NES Financial provides technology-enabled services for the efficient administration of highly specialized financial transactions. Our custom solutions include EB-5 escrows, 1031 exchanges, and fund administration transactions. Many of the world’s largest financial institutions and corporations rely on our proprietary technology, unparalleled expertise, and outstanding services to ensure the secure, transparent, and compliant management of funds. Recognized two years running by Inc. Magazine’s 500|5000 list as one of the fastest growing private companies in America, NES Financial helps companies lower administrative costs, reduce risk, and improve ROI. For more information, visit www.nesfinancial.com.