If moving from your home country to Los Angeles, California sounds too good to be true, it’s not. In fact, with the eb5 visa, you can move to the Hollywood area with a simple investment, and be involved in the film and television industry. Check out the benefits of the Los Angeles Film Regional Center.
If you decide to spend your eb5 investment on this program, you would only need $500,000 instead of the usual $1 million, as it is a Targeted Employment area. Additionally, this particular center pools investors so that each project is much bigger than it would be with just one immigrant investor. All projects will involve the film and television industry, so if you have ever had an interest in that, this is a great way to both live in America and invest in your dream field.
The Los Angeles Regional Film Center does not require investors to participate in each project if they do not want to. If you want to relax and enjoy life by the beach, you have that luxury. The center vows to keep each investor updated on the project, regarding both financial aspects and the job creation requirement.
When you obtain the eb5 investment visa, you agree to be responsible for creating ten jobs for U.S. citizens. However, the Los Angeles Regional Film Center will use a unique formula to prove to the United State Citizenship and Immigration Services that your money did help create at least ten new jobs. Therefore, you still meet the requirements of the eb5 investment visa without being involved in either the hiring process or daily operations.
This Regional Center only lends investment funds to successful film studios, known as the Big Six. These include household studio names Sony Pictures, 20th Century Fox, Warner Bros., Disney, Paramount, and Universal Studios. As you can guess, not every Regional Center in the country gets to deal with such big names, so you can rest assured your money is going toward a project that millions of people will recognize and enjoy. You don’t have to know anything about the industry, but you get to be involved in whatever current projects need investors at the time of your approved application.
Aside from the benefits of the Los Angeles Regional Film Center, you will get to enjoy all that Southern California has to offer. As you already know, the Hollywood area is famous for entertainment, but you might not have known that the Silicon Valley is known for technology, Central Valley for agriculture, and Sonoma Valley, Napa Valley, and Santa Barbara for wine. Its range of successful industries might interest you, but the approximately twenty beaches in Los Angeles County are even more exciting to most residents. The sunny Southern California climate often works together with the interesting opportunities offered by the Los Angeles Regional Film Center to get immigrant investors to the area, and for good reason. Check it out to see if this is the best place for you to obtain your eb5 investment visa.