The EB-5 program is a cost effective way for developers to raise capital for projects and for American jobs to be created while stimulating the U.S. economy.
As the leading provider of solutions for the EB-5 industry, NES Financial just announced that we have reached a new milestone by entering into an agreement to provide services for our 250th EB-5 project – an achievement unmatched in the space.
“When fully completed, the combined success of these 250 projects represents an investment of more than $10 billion in EB-5 capital and the creation of over 200,000 American jobs, all at no cost to the U.S. taxpayer,” said Reid Thomas, NES Financial Executive Vice President. “In addition to our EB-5 Escrow Administration Solution, the majority of our new project wins include both our EB-5 Fund Administration and EB-5 Immigration Workflow Solutions. The bundle of these solutions enables EB-5 issuers to provide the highest level of security, transparency, and compliance, while maintaining focus on the job creation initiatives that meet the immigration needs of the their investors.”
Whether utilizing selective products or bundling them all together, NES Financial’s suite of EB-5 Solutions offers comprehensive middle and back office solutions through the entire life cycle of the EB-5 offering. By handing off this administration to us, Regional Centers and developers can reduce their overall expenses and focus on the core needs of their project.
“NES Financial recognized that while EB-5 can provide relatively low cost capital, it is an immigration program at the core,” said Bernard Wolfsdorf, a past President of the American Immigration Lawyers Association (AILA) and head of a top-rated immigration law firm with 20 lawyers providing investment immigration and visa services worldwide. “The services they provide are now the platinum standard that have helped EB-5 issuers succeed in managing the required information for the immigrant investor to be successful. With the huge increase in upcoming I-829 petitions to remove conditions, solutions like theirs have become critical.”
“Global Premier America…chose NES Financial as our EB-5 administrator because they have streamlined and vastly improved the efficiency of our investor tracking process,” said Christine Hanna, COO of Global Premier America Regional Center. “Working with NES Financial solutions has enabled us to more effectively compete in the global market for investors. The level of transparency in our services that these solutions provide is very important to our investors.”
To read the full press release, click here.
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