(Dallas, Texas) August 12, 2014 – Encore Global Investment Management, LLC, a division of Dallas-based Encore Enterprises, Inc., has received approval for three new Regional Centers in its EB-5 network, including Pennsylvania, Washington/Oregon, and California. This is in addition to the existing regional centers of Alabama-Florida, Colorado, Louisiana, Mississippi, Nashville, Raleigh-Durham, Southern California, New York/New Jersey, Washington D.C., Texas, and Boston.
“We have reached many milestones this year including being approved for our three new Regional Centers and receiving the first ever EB-5 permanent Green Card in Texas,” said Shae Armstrong, Legal Counsel of Encore Global. “The future for Encore Global is extremely bright; we have many attractive real estate development projects in the pipeline and our network of Regional Centers gives us the ability to provide vital capital to these projects.
The three Regional Centers will offer investment opportunities in the entire state of Washington and Pennsylvania in addition to the following counties:
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To qualify for the EB-5 Immigrant Visa Category, accredited foreign persons must either directly or indirectly, create ten full-time jobs in the United States through an investment of at least $500,000 by way of a USCIS-approved Regional Center. In return, the investor may be able to obtain an EB-5 Visa, which grants permanent residency status to the investor, respective spouses, and unmarried children under 21 years of age.
“Encore Global’s Regional Center network platform was organized to draw foreign capital through the EB-5 program, with the intention of developing multiple new commercial enterprises and job-creating entities,” said Dr. Bharat Sangani, Chairman of Encore Enterprises. “The addition of our three newest Regional Centers will enable our presence to stretch across 17 states and the District of Columbia, giving us the ability to develop a wide array of projects in a myriad of different cities.”
About Encore Global Investment Management, LLC
Encore Global Investment Management, LLC was created to provide an EB-5 investment vehicle for accredited foreign nationals seeking permanent residency status in the United States. The company focuses on developing and/or funding commercial real estate projects related to retail, hospitality, multi-family, and office facilities. For more information, visit Encore Global online or call (214) 259-7000.
About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a national real estate company with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information, visit Encore Enterprises online or call (214) 259-7000.
Disclaimer: Not every investment is safe, not every investment in a Regional Center will ultimately result in green card status, and not every investment will produce a profit.