EB5.vermont.gov | Vermont EB5 Regional Center
- VRC provides the oversight and infrastructure required by USCIS allowing businesses located in Vermont, or seeking to locate in Vermont, to access the EB-5 program without added cost or administrative burden.
- Businesses who are approved for an EB5 project under the Vermont EB5 Regional Center benefit from the added credibility that a state run EB5 regional center provides.
- Investors are ensured that Vermont EB5 Regional Center projects are monitored by an independent and qualified regulatory authority - DFR.
- In addition, nearly the entire state qualifies under the EB-5 regional center program, which grants investors the same visa green card benefit as the standard EB-5 program, but requires only half the minimum investment and has lesser job creation requirements.
- State Oversight — VRC monitors all Vermont EB-5 projects for compliance with USCIS EB-5 regulations and policy guidance. This partnership reaffirms Vermont’s dedication to first-rate regulation and exceptional oversight in all aspects of financial services.
Reviews — State officials visit the EB-5 projects on a quarterly basis to monitor not only the progress of development, but also to provide any kind of help and support that an EB-5 project may need to further implement the visa program.
Pre-approval of Projects — VRC officials must review and pre-approve each and every EB-5 Project to utilize the Vermont State Regional Center designation. Upon approval of each EB-5 project, VRC requires the business to enter into a “Memorandum of Understanding” with the State which imposes strict covenants and obligations upon the business.
Credibility — VRC has a long record of success and takes a long view for multiple successful projects, rather than seeking a single lucrative project. Moreover, Vermont’s EB-5 programs create jobs right where the policy makers want them, not in a gerrymandered geography linking high and low unemployment areas, but right where the jobs are needed.
- Minimum investment per investor is $500,000 (opposed to $1 million for standard EB-5 projects).
- The EB5 Visa project must create 10 direct and indirect jobs per investor (opposed to 10 direct jobs for "Direct" EB-5 projects).
Investor Flow Chart
- It is a for-profit enterprise;
The project is an at-risk investment;
The project is located outside of the Burlington/South Burlington MSA*
And, if your business qualifies as a “troubled business”, additional incentives may be available if the business has had a net loss of at least 20% of net worth during the 12 or 24 month period prior to EB5 visa project approval.
Instructions For Potential EB5 Projects
- At the earliest possible stage, contact VRC to disclose your interest in an EB5 investment project and receive further detailed instructions regarding required materials for proposed project review.
- At the earliest possible stage, contact securities and immigration counsel experienced in working with EB5 projects that have been accepted by a USCIS approved regional center.
Track Record Highlights
- Raised nearly $563M EB-5 loans for approximately fifteen projects (of which Jay Peak represents eight of the fifteen projects). See our quick links page for a list of current EB-5 Projects seeking investors.
- Received I-526 approvals for approximately 781 investors and their families.
- Received successful I-829 approvals for more than 346 investor families.
- Seven different new enterprise projects have received I-829 approvals to date.