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4th Edition: West Wendover's Future Unfolds: New EB-5-Funded Travel Center Project
Marco Lopez
December 18, 2023
In The News
In the third quarter of fiscal year 2023, there was a significant surge in demand for the EB-5 visa in the United States, with a 103% increase in Form I-526 filings compared to 2022, largely due to the EB-5 Reform and Integrity Act of 2022. This act has particularly benefited investors from China and India by offering a reserved category for processing and has expedited approvals for rural EB-5 projects, with some cases being processed in as little as 6 months. Additionally, the new concurrent filing provision has made it easier for EB-5 investors on non-immigrant U.S. visas to change their immigration status and gain employment authorization, enhancing the program's attractiveness.
Developments of Note
West Wendover, Nevada
Intermestic Capital is sponsoring a dynamic investment opportunity in West Wendover, Nevada, utilizing the advantages of the EB-5 immigrant investor program to develop an innovative Travel Centers of America. The investment initiative is limited to 60 investors, with a total of $48 million in EB-5 financing being sought for this project.
Driving Economic Growth:
Job Creation: Spurring over 1,800 employment opportunities.
Boosted Regional Impact: Projecting a whopping annual increment of $167,218,000 in household earnings across the region.
Travel Center of America
Why EB-5 with Intermestic Capital?
Scaled Opportunities: We provide ventures that aren’t just large in scale but carry significant socio-economic ramifications.
Seamless Compliance: Ensuring that our investors stay ahead by aligning investments with U.S. immigration laws, guaranteeing a smoother journey towards residency.
Benefits in Rural Areas: Our project in West Wendover is strategically located in a qualified rural area. This means our investors get priority processing with the U.S. Department of Homeland Security, making it a unique immigration investment opportunity.
Reduced Investment Requirement: While typical investments hover over the million-dollar mark, West Wendover offers an investment entry at just USD $800,000.00.
Your Exclusive Opportunity: Discover the Gateway to Growth and U.S. Residency – Dive into a flourishing economic venture that offers not just U.S. residency but also a promising investment landscape. We warmly welcome savvy investors and key stakeholders to explore this distinctive opportunity in depth. Engage with Intermestic Capital to embark on an immigration investment journey brimming with exceptional prospects and possibilities.
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Disclaimer: The information provided in this newsletter is for informational purposes only and should not be construed as investment, legal, or financial advice. All investment decisions should be made after careful consideration and consultation with a qualified financial advisor. Intermestic Capital does not guarantee the accuracy or completeness of the information provided and shall not be liable for any errors, omissions, or actions taken based on the content of this newsletter. Past performance is not indicative of future results, and investments carry risks that may result in loss of capital. Readers are advised to conduct their own due diligence before making any investment decisions.