Encore Global’s Raleigh / Durham Regional Center offers investment opportunities within four North Carolina counties sharing a common regional economy, interstate system, and connection to the Raleigh / Durham area. These four counties include Durham, Johnson, Orange and Wake Counties.
The potential for successful real estate development in these counties’ geographic region is tremendous. The Raleigh / Durham area is one of the world’s greatest regional economies benefiting from pre-eminent technology-based industries with competitive strength flowing from an unmatched culture of entrepreneurship, world-leading research institutions, and the nation’s best educated and most highly skilled workforce.
Encore Global’s Regional Center projects are intended to create positive economic change throughout the Raleigh / Durham area, particularly through investment in designated Targeted Employment Areas (TEAs), defined by the USCIS as areas with unemployment of at least 150% of the national average.
As specified by the requirements of the EB-5 program, Section 203 b, investments made in particular projects within a TEA will be $500,000, while those made outside a TEA will be $1.0 million. With emphasis on TEA’s, the Encore Raleigh / Durham Regional Center will empower investors with the lower threshold of investment and will enrich those areas with a positive impact.
This Regional Center is uniquely positioned to offer a wide array of commercial real estate investments to EB-5 Immigrant Investors. As commercial real estate professionals with successful track records in a wide variety of U.S. markets, the principals of Encore’s Raleigh / Durham Center are ideally suited to identify, underwrite, and market well-positioned commercial real estate projects.
Our team, which includes a professional network of governmental agencies, financial analysts, real estate developers, brokers, and attorneys, is committed to linking foreign investors with reputable projects while concurrently facilitating immigration to the United States through the EB-5 Immigrant Investor Program.
About The City of Raleigh
Raleigh was founded in 1792 as North Carolina’s capital city. It was named after Sir Walter Raleigh, who attempted to establish the first English colony on the shores of the new world in the 1580’s. It is the only state capital to have been “master planned” using a grid pattern to layout the city with the capital building in the middle of a town square. Raleigh was established by the state of North Carolina as the seat of state government, and it is the largest city in a combined statistical area known as Raleigh-Durham-Cary (the Research Triangle Region). The city’s founding fathers called Raleigh the “City of Oaks” and they dedicated themselves to maintaining the area’s wooded tracts and grassy parks. Also, Raleigh is home to the North Carolina State Fair, North Carolina’s largest annual event.
About Wake County
Wake County includes Raleigh and eleven other municipalities, often referred to as Greater Raleigh or the Raleigh area.
Wake County is home to the RDU International Airport and a portion of the internationally renowned Research Triangle Park. The County is served by Interstate 40 and four other major U.S. highways; with I-85 and I-95 passing nearby.
City of Raleigh: 423,179
Wake County: 952,151
North Carolina: 9,752,073
(Source: Census Population Estimates Program, July 2012)
Raleigh, Durham, and Chapel Hill make up the three primary cities of the Research Triangle metropolitan region. The Research Triangle region encompasses the U.S. Census Bureau’s Combined Statistical Area (CSA) of Raleigh-Durham-Cary in the central Piedmont region of North Carolina.
Raleigh-Durham and the research triangle park area consistently rank among the nation’s best economies. Unemployment remains low and per-capita income remains high. Wake County’s biggest industries – government, education, and healthcare – are virtually recession-proof. Although the region has felt some of the pinch of the nation’s economic slowdown, many factors point to Raleigh-Durham’s continued fiscal health.
Numerous high-technology and medical corporations have been attracted to the Raleigh-Durham area because of the outstanding educational and research facilities at area universities. Among these universities are North Carolina State University (home to the nation’s tenth largest school of engineering), Duke University, and the University of North Carolina – Chapel Hill.
Research Triangle Park is one of the leading centers for high-technology research and development in the country. Roughly 140 corporate, academic and government agencies within the park employee more than 38,500 professionals (plus 5,000 additional contract employees), and provide an annual payroll in excess of $2.0 Billion.
The area has witnessed the growth of lower-technology and highly-specialized new manufacturing companies that produce intricate machinery and electronic parts. The Raleigh-Durham workforce is fueled by the annual graduation of thousands of students from the area’s universities and colleges, as well as the influx of new residents looking for employment opportunities and a better quality of life.
With excellent road, rail, and air transportation systems, including easier access to the deep-water port at Wilmington as a result of the completion of I-40, Raleigh-Durham is a growing regional distribution center.
Information from: http://www.city-data.com
The greater Raleigh / Durham area is home to 10 traditional universities and colleges and numerous satellite campuses and for-profit institutions of higher education. Among the traditional colleges are North Carolina State University, a major research center; a private women’s college; a law school; two seminaries; and two historically black universities.
As one of the three “corners” of the Research Triangle Region, Raleigh’s academic research network is enhanced by the presence of the University of North Carolina at Chapel Hill and by Duke University and North Carolina Central University in Durham.
All of these North Carolina universities are within a 45-minute commute from the Research Triangle Park, one of the nation’s largest and most prestigious R&D business parks (located in Durham and Wake Counties).
Travel and Tourism
Known for its beautiful beaches and mountains, North Carolina appeals to a large variety of travelers. On the eastern portion of the state travelers can visit the Outer Banks, an area renown for its beaches, fishing, surfing, lighthouses and seafood. North Carolina also offers many attractions for those interested in outdoor recreation such as DuPont State Forest, Cherohala Sykyway, Endless River Private Adventures, Cape Hatteras, Highlands Aerial Park, and Jockey’s Ridge State Park.