Encore Georgia Regional Center
Encore Georgia Regional Center, LLC (“EGRC”) offers investment opportunities within the entire state of Georgia, which gives the EGRC team the ability to deliver EB-5 projects. The EGRC encompasses the entire state of Georgia.
The Encore Georgia Regional Center projects are intended to create positive economic change throughout the above areas, particularly through investment in the state’s designated Targeted Employment Areas (TEAs). A targeted employment area, as defined by the U.S. Citizenship and Immigration Services, is a rural area or an area that has experienced unemployment of at least 150% of the national average rate.
As specified by the requirements of the EB-5 Immigrant Investor Program [Section 203(b)], the minimum qualifying investment made within a TEA is $500,000 per investor, while the minimum for those made outside of a TEA is $1 million per investor. With this emphasis on TEAs, the Encore Georgia Regional Center will empower investors with a lower threshold of investment and will enrich those areas with a greater potential for positive impact. The Encore Georgia Regional Center is uniquely positioned to offer a wide array of commercial real estate investments to EB-5 Immigrant Investors. The principals of the Encore Georgia Regional Center have extensive knowledge and experience in the EB-5 program and are able to identify, underwrite, and market well-positioned commercial real estate projects.
Our team, which includes a professional network of developers, real estate brokers and attorneys, is committed to linking foreign investors with project stakeholders and facilitating immigration to the United States through the EB-5 Immigrant Investor Program.
Geography and Climate
The state of Georgia is located in the southeastern United States and was established in 1732. Georgia is bordered on the south by Florida, on the east by the Atlantic Ocean and South Carolina, on the west by Alabama, and on the north by Tennessee and North Carolina. The northern part of the state is in the Blue Ridge Mountains, part of the Appalachian Mountains system. Georgia is the largest state east of the Mississippi River in land area, although it is the fourth largest (after Michigan, Florida, and Wisconsin) in total area, including expanses of water that are part of state territory.
The majority of the state has a humid, subtropical climate, except at the highest elevations. The entire state, including the North Georgia Mountains, receives moderate to heavy precipitation. The degree to which the weather of a certain region of Georgia is subtropical depends on the latitude, its proximity to the Atlantic Ocean or Gulf of Mexico, and the elevation.
In 2013, Georgia had an estimated population of 9,992,167, a 3.1% increase in population since the 2010 United States Census[i] and an increase of 72,222 from the previous year. Georgia is the 24th most extensive state and the 8th most populous in the United States.
Georgia is known as the “Peach State” because of the growers’ reputation for producing the highest quality fruit. The state is also home to an array of industries, including textiles and apparel, transportation equipment, food processing, paper products, electrical equipment and distribution centers, to name a few. Georgia’s 2010 total gross state product was $403 billion. If Georgia were a stand-alone country, it would be the 28th largest economy in the world.[ii]
There are 15 Fortune 500 companies and 26 Fortune 1000 companies with headquarters in Georgia, including such names as Home Depot, UPS, Coca-Cola, Delta Air Lines, Aflac, Southern Company, and SunTrust Banks. Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport as measured by passenger and aircraft traffic, is located in Georgia.[iii] Georgia also has one of the largest military presences in the country, with several U.S. military installations located in the state.
Georgia offers some of the most prominent schools in the U.S., with almost 70 public colleges, universities and technical colleges, and over 45 private institutes of higher learning. Amongst Georgia’s public universities is the flagship research university, University of Georgia, which is the oldest public university in the United States. The state is also home to the Georgia Tech College of Engineering, which is recognized as one of the top five engineering schools in the nation.[iv]
Travel and Tourism
Georgia is composed of nine unique regions each with their own inimitable attractions. For those interested in picturesque historic charm, Savannah’s Historic District offers visitors apple opportunity to take carriage tours, shop, and dine amongst old world glamour. World-renown for its outdoor recreation, Georgia is home to the famed Augusta National, where the Masters golf tournament is held annually each spring. Other popular attractions in Gerorgia include the Martin Luther King Jr. National Historic Site, the Jimmy Carter National Historic Site, Jekyll Island, Callaway Gardens, and the Atlanta Botanical Gardens.