U.S. Congress created the Employment Based Fifth Preference Immigrant Visa Program (EB5) in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. Subsequently, U.S. Congress created the Immigrant Investor Program, also known as the Regional Center Program to encourage immigrant investment in a range of business and economic development opportunities within designated regional centers.
Golden Bear Regional Center was designated by U.S. Citizenship and Immigration Service to promote economic growth and offer capital investment opportunities to qualified foreign investors seeking to obtain permanent residency status through the U.S. Immigrant Investor Program (i.e. Employment Based Fifth Preference Immigrant Visa “EB5”). Golden Bear Regional Center specializes in developing and managing projects involving the following industries: 1) Residential Building Construction, 2) Nursing and Residential Care Facilities, 3) Architecture, Engineering and Related Services, 4) Non-residential Building Construction, 5) Furniture and Home Furnishing Merchant Wholesalers, 6) Professional and Commercial Equipment and Supplies Merchant Wholesalers, 7) Traveler Accommodation, 8) Motion Picture and Video Industries, 9) Greenhouse, Nursery, and Floriculture Production. The geographic scope of Golden Bear Regional Center includes 5 contiguous counties in California which are 1) Riverside, 2) San Deigo, 3) Los Angeles, 4) Orange, and 5) San Bernardino.
Golden Bear Regional Center is engaged in the evaluation and screening of various investment opportunities. We look for projects that meet the requirements of the EB-5 program set forth by the U.S. Citizenship and Immigration Services as well as the requirements of Golden Bear Regional Center. This could include equity investments or loan financing.
Golden Bear Regional Center requires a business plan from the developer when screening projects and conducting due diligence. A business plan is a written proposal prepared by the developer that describes in detail how a business is going to achieve its goals and raise equity besides EB5 fund as well as provides the project proforma/financials, return on investment, timeline and operation. Additional documents may be required, on a project-by-project basis, during the project review and upon approval.