The EB-5 Visa Program
LM Developments is the owner of New York EB-5 LLC, a USCIS-designated regional center authorized to sponsor EB-5 investments.
Brooklyn, NYC
Current Offering
Brooklyn Gardens
62 unit multifamily apartment building in Brooklyn, New York City
Senior secured
Priority position in the capital stack; collateralized by the asset.
I-956F approved
USCIS-approved exemplar project structure.
403+ jobs
Meets EB-5 employment requirements.
TEA eligible
Visa set-aside area designation.
Capital Structure & Protection
Conservative leverage on an income-producing property with senior secured protection.
- Conservative leverage
- Income-producing property
Administration & Controls
Administered by Intellex Capital LLC, responsible for fund structuring, capital administration, and investor reporting.
- Segregated accounts
- Third-party administration
- Investor reporting
- EB-5 compliance structure
WHAT IS THE EB-5 VISA PROGRAM?
The EB-5 Visa Program allows high-net-worth foreign nationals and their families to obtain U.S. Green Cards
The EB-5 Immigrant Investor Program is administered by the United States Citizenship and Immigration Services (USCIS). By investing $800,000 in certain qualified projects that create jobs for U.S. workers, eligible foreign nationals and their families receive conditional Green Cards. After 2 years on a conditional Green Card, the foreign nationals and their families may become eligible for Permanent Residency.
What are the
Benefits of the
EB-5 Visa?
Freedom to study, work, and live in the U.S.
No additional requirements needed for you, your spouse, and unmarried children under the age of 21.
Fastest option
for getting U.S. permanent residence status.
May reduce tuition
for your children's university education.
No outside sponsorship
needed by employer or school.
U.S citizenship
Investor and family may be eligible for citizenship five years after initial entry into the U.S.
What is the Process and Timeline?
PROCESS & TIMELINE
-
1Determine
Your Eligibility -
2Due Diligence
on Project -
3I-526E Petition
Filing -
4I-526E Approval
& Interview -
52-Year Conditional
Green Card -
6I-829 Petition
Filing -
7Permanent
Green Card
What are the EB-5 Requirements?
- Investment: Are the developer's interests aligned with those of its investors? Look for a developer that has made an adequate investment into the EB-5 project.
- Institutional Experience: The EB-5 sponsor should have institutional quality experience to properly evaluate and structure the EB-5 investment in order to protect the fund's investors.
- Alignment: It is important to understand how the sponsor, developer, and EB-5 investors are properly aligned.
- Job Creation: The developer and EB-5 sponsor should provide a strong economic impact analysis that confirms that there is a strong buffer between the total jobs projected to be created and the number that are required for USCIS purposes.