The EB-5 immigration program, which allows foreign investors to obtain their legal residence in the United States It foresees that this year investments of 40 million dollars will be made with Mexican capital.
Houston EB5, the only firm that guarantees migration by investment With projects that generate at least 10 direct jobs, he assured that, given the increase in visa applications by Mexican investors, the company decided to strengthen its presence in the country.
In this sense, he indicated that the Mexicans were the second group of foreigners – after Chinese migrants – who most homes bought in the United States in the last year, according to the National Association of Real Estate Brokers (NAR).
“In recent months we have identified an increase in the number of requests from Mexico, in fact, Mexican investors represent 80 percent of our client portfolio. In this sense, our projection for this year is to reach 40 million dollars of investment in the US through our Mexican clients, ”says Karen, who was director of international developments for Coldwell Banker Commercial Mexico (CBC).
Thus, the growth of spending on construction and the growing demand in the acquisition of housing, makes this sector attractive to investors. The construction industry integrates several economic activities that are key for the neighboring country. An example is the production of building materials such as porcelain, which is used mainly for floor finishes.
“Within our investment offer for foreigners, the Moderno Porcelain Works project stands out, which is currently a great opportunity because it allows a direct investment of 600 thousand dollars with the generation of direct jobs, and, therefore, meets the requirements to obtain the EB5 visa”Explained Karen Trajtman, Houston EB5 country manager for Mexico.
As an example, the firm proposed Moderno Porcelain Works, which is an investment offering from Houston EB5 consisting of a chain of factories, showrooms, warehouses and distribution centers of large format porcelain panels (3.10 x 1.50 meters ) that have been operating successfully since 2019, strategically located in the North American territory. With each Moderno location, Houston EB5 creates more than 55 direct full-time jobs each with W-2 registration, an official form of Internal Revenue Service (IRS) in the United States, which falls within the legal requirements to obtain an investor visa.
Modern currently has six active manufacturing and installation (HUB) locations and is in the process of expanding to Orlando, Los Angeles, Phoenix and Washington, DC, where Houston EB5 plans to open four more centers.
Since the beginning, the EB-5 immigration program has provided the United States with more than $ 41 billion in capital investment from international investors and it has generated at least 820,000 job opportunities in the United States, according to Invest in the USA (IIUSA), an organization that brings together hundreds of regional centers certified by the USCIS.