New Investment Center Will Pump Billions into South Florida`s Economy

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Mon Apr 20, 2009 9:00am EDT

The Federally Approved South Florida Investment Regional Center Will Attract New
Businesses and Jobs
MIAMI--(Business Wire)--
A new investment hub that will inject capital into the local economy has been
announced. The South Florida Investment Regional Center - as it will be known -
will promote economic growth, create new jobs, increase export sales, and
attract capital investments to the area. Its success is assured since the
incentive for the investors and the basis of the program are crystal clear: 

Immigration through Investment.

Under a federal program, designed by the U.S. Dept. of Homeland Security,
Citizenship and Immigration Services (USCIS) to help foreign nationals invest in
local businesses in South Florida, qualified foreign investors will be eligible
to receive permanent resident status in the United States - along with their
immediate family - when they invest in U.S. businesses that create jobs and
opportunities in our local economy. That program is known as the EB-5 Visa
Program. 

"This is incredible news for South Florida, especially in this tough economic
time," said Emilio T. Gonzalez, former Director of USCIS and a South Florida
resident, "Businesses get capital, South Floridians get jobs, and the investor
gets permanent residence, it`s a win-win-win situation," he added. 

The South Florida Investment Regional Center was approved to promote and
facilitate investments under the EB-5 Visa Program for all of Miami-Dade and
Monroe Counties. 

"Miami-Dade and Monroe Counties are perfectly situated for this type of foreign
investment opportunity. Our desirable location, dynamic economy and great
investment opportunities set the stage for the success of the South Florida
Investment Regional Center," said Eric Gould, Partner and Co-Founder of the
South Florida Investment Regional Center. 

"Foreign investors will especially be attracted to the service we provide; high
quality investment opportunities and the fringe benefits of South Florida," adds
David Hart, Partner and Co-Founder of the S.F.I.R.C. 

The employment-based fifth preference - known as the EB-5 immigrant visa - was
created in 1990 for immigrants who invest in U.S. companies that benefit the
U.S. economy and create or save jobs in the U.S. 

The required investment is $500,000 if made in a high unemployment or rural
area. When they make their investment, investors receive a "conditional green
card" good for two years. After that time, investors must prove to have
maintained their investments having created or saved at least 10 jobs. Then,
their conditional status can be converted to permanent residency. For more
information, visit the South Florida Investment Regional Center`s web site at
www.eb5regional.com. 



South Florida Investment Regional Center
Eric Gould, 305-677-0117
ericg@eb5regional.com
info@eb5regional.com

Copyright Business Wire 2009

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