Illinois/Missouri Regional Center
Encore Midwest Regional Center specifies investments with in the following counties in Illinois and Missouri.
Encore Midwest Regional Center projects are intended to create positive economic change throughout these areas, particularly through investments in designated Targeted Employment Areas (TEAs). The United States Citizenship and Immigration Services define a TEA as an area with an unemployment rate of at least 150% of the national average, or as a rural area (an area with a population of 20,000 or less).
As required by Section 203b of the EB-5 program, investments made within TEAs will be $500,000 per investor and those made outside TEAs will be $1 million per investor. With an emphasis on TEAs, the Encore Midwest Regional Center will empower investors within the lower threshold of investment and will strongly impact those areas for the better.
The Midwest Regional Center is uniquely positioned to offer a wide array of commercial real estate investment opportunities to EB-5 immigrant investors. The principals of the Encore Midwest Regional Center are experienced commercial real estate professionals with successful track records in the United States. They are well-suited to identifying, underwriting, and marketing well-positioned commercial real estate projects.
Our team includes a professional network of governmental agencies, developers, real estate brokers, and attorneys. It is dedicated to connecting foreign investors with reputable project stakeholders and facilitating immigration to the United States through the EB-5 Immigrant Investor Program.
Geography and Climate
Illinois is a state located in the Midwest Region of the United States and is one of the nine states and Canadian Province of Ontario in the bi-national Great Lakes region of North America. Illinois has a climate that varies widely throughout the year. Because of its nearly 400-mile distance between its northernmost and southernmost extremes, as well as its mid-continental situation, most of Illinois has a humid continental climate, with hot, humid summers and cold winters. The southernmost part of the state, from about Carbondale southward, borders on a humid subtropical climate, with more moderate winters.
Missouri is also located in the Midwestern United States. It is the 21st most extensive, and the 18th most populous of the fifty states. The state comprises 114 counties, and the independent city of St. Louis. Missouri generally has a humid continental climate with cold winters and hot and humid summers. The average annual temperature is 50°F (10°C) in the northwest, but about 60°F (16°C) in the southeast.
Illinois is one of the most demographically diverse states in the Midwest, and is the fifth most populous in the USA (after California, New York, Texas, and Florida). With a population of 12,852,548 (2007 est.) in 140,998 km², Illinois has a population density of 86.27/km², the 12th densest state. According to the 2010 Census, the racial composition of the state was 71.5% White American (63.7% non-Hispanic white, 7.8% White Hispanic), 14.5% Black or African American, 0.3% American Indian and Alaska Native, 4.6% Asian American, 2.3% Multiracial American, and 6.8% some other race.
As of July 1, 2013, the population of Missouri was estimated to be 6,063,589, which ranks 18th in the county. The five largest ancestry groups in Missouri are: German (27.4 percent), Irish (14.8 percent), English (10.2 percent), American (8.5 percent) and French (3.7 percent). German Americans are an ancestry group present throughout Missouri.
The economy of Illinois is one of the largest state economies in the US. Although known as an industrial state, Illinois is rich in resources. Farming, mining, and oil are vital parts of its economy. Illinois is the most populous and economically productive state in the Midwest. Although the capital of Illinois is Springfield, the Midwest metropolis of Chicago contributes to most of the state’s economy. Other important cities include Rockford, Peoria, and Champaign. Illinois ranks fifth with a gross state product of almost $610 billion (2007), and it’s per capita income of $47,461, higher than the US average of $45,000.
Missouri located in the heart of U.S. The state’s low business energy costs, low corporate income taxes and skilled workforce is the key to success of many business. Missouri’s leading industry is transportation equipment manufacturing, Biosciences, Energy Solutions, Health Science & Services. Missouri’s Gross Domestic Product (GDP) totaled over $276 billion in 2013 according to advanced data estimates from the U.S. Bureau of Economic Analysis. Missouri GDP increased by 2.6% from 2012 to 2013, while overall U.S. GDP increased 4.2% for the same period.
As of 19 August 2010, there are eleven “National Universities” in the state, and five of these rank in the “first tier” (that is, the top quartile) among the top 500 National Universities in the United States, as determined by the U.S. News & World Report rankings: the University of Chicago, Northwestern University, the University of Illinois at Urbana-Champaign, Loyola University Chicago, the Illinois Institute of Technology, and DePaul University. The University of Chicago is continuously ranked as one of the world’s top ten universities on various independent university rankings and the University of Illinois at Urbana-Champaign consistently ranks among the best engineering schools in the world and in United States.
Illinois also has more than 20 additional accredited four-year universities, both public and private, and dozens of small liberal arts colleges across the state. Additionally, Illinois supports 49 public community colleges in the Illinois Community College System.
The University of Missouri System is Missouri’s statewide public university system. The flagship institution and largest university in the state is the University of Missouri in Columbia. The others in the system are University of Missouri–Kansas City, University of Missouri–St. Louis, and Missouri University of Science and Technology in Rolla.
Illinois carries deep ties to early American history and is also home to Chicago, the third largest city in the United States. In Chicago, major attractions include the art institute of Chicago, Millennium Park, the Museum of Science and Industry, Wrigley Field, and the Chicago Botanic Garden. Outside the Chicago area, visitors can travel to Springfield, where they can visit the Lincoln Home National Historic Site, the Abraham Lincoln Presidential Library and Museum, the Illinois State Capitol, and the Illinois State Museum.
Missouri, known as “The Mother of the West” due to its location and its historical base for western expansion, is home to many natural wonders including over 6000 caves. Top attractions in the state include the St. Louis Gateway Arch, the physical representation of the entrance to the west. Other attractions across the state include: the Nelson-Atkins Museum of Art, Silver Dollar City, the Mark Twain Boyhood Home and Museum, Vaile Mansion, the St. Louis Zoo, and Clay Cooper Theater.