Encore Southern California Regional Center, LLC offers investment opportunities within eight California counties sharing a common regional economy and interstate system. These eight counties include Los Angeles, Orange, Riverside, San Diego, Riverside, San Bernardino, Kern, Santa Barbara and Ventura counties.
The potential for successful industry and development in this geographic region is tremendous. Southern California’s population encompasses eight metropolitan, or MSA, areas: Los Angeles County and Orange County together make up the Los Angeles metropolitan area; the Inland Empire consists of Riverside and San Bernardino Counties; the San Diego metropolitan area; the Bakersfield metropolitan area; the Oxnard-Thousand Oaks-Ventura metro area; the Santa Barbara metro area; the San Luis Obispo metropolitan area; and the El Centro area.
Encore Southern California Regional Center, LLC projects are intended to create positive economic change throughout the Southern California Area, particularly through investment in designated Targeted Employment Areas (TEAs), defined by 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 within TEAs will be $500,000, while those made outside TEAs will be $1 million. With emphasis on TEAs, Encore Southern California Regional Center, LLC will empower investors with the lower threshold of investment and will enrich those areas with a greater positive impact.
The Encore Southern California Regional Center, LLC 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 the Southern California Area, the principals of the Encore Southern California Regional Center, LLC are ideally suited to identify, underwrite, and market well-positioned commercial real estate projects.
Our team, which includes a professional network of governmental agencies, developers, real estate brokers, and attorneys, is committed to linking foreign investors with reputable project stakeholders and facilitating immigration to the United States through the EB-5 Immigrant Investor Program.
Southern California consists of one of the more varied collections of geologic, topographic, and natural ecosystem landscapes in a diversity outnumbering other major regions in the state and country. The region spans from Pacific Ocean islands, shorelines, beaches, and coastal plains, through the Transverse and Peninsular Ranges with their peaks, into the large and small interior valleys, to the vast deserts of California. To the east of Southern California are the Colorado Desert and the Colorado River at the border with the state of Arizona, and the Mojave Desert at the border with the state of Nevada. To the south lies the international border with Mexico and to the west lies the Pacific Ocean. Southern California is also divided into two sections. The Coastal Region is densely populated with more affluence than inland areas. This region includes the coastal interior valleys west of the coastal mountains with all of Orange County and portions of: San Diego County, Los Angeles County, Ventura County, Santa Barbara County, and San Luis Obispo County. The Desert Region is larger and sparsely populated with portions of: Kern County, Los Angeles County, San Bernardino County, Riverside County, Imperial County, and San Diego County. The division between the Coastal Regions and the Inland Empire/Imperial Valley winds along the backs of the coastal mountain ranges such as the Santa Ana Mountains.
There is a common belief that California is a place of sunshine and perfect weather, but while some parts of California do live up to this ideal, other areas have more extreme conditions. Around the coastal areas, the weather does not vary as dramatically as it does in the Inland areas. Climate is affected by factors such as latitude, topography, and proximity to water masses – primarily the Pacific Ocean, and Southern California’s mountain ranges, especially the Transverse Ranges and the Peninsular Ranges are key players in the climate affecting this ideal.
Area: 56,512.35 square miles
Average Temperatures: January, 68° F; August, 84° F;
Average Annual Precipitation: 14.9 inches
With over 22 million people, Southern California contains roughly 60% of California’s population. Of the eight metropolitan areas, three are heavy populated: the Los Angeles area with over 12 million inhabitants, the Riverside-San Bernardino area with over 4 million inhabitants, and the San Diego area with over 3 million inhabitants. For CSA metropolitan purposes, the five counties of Los Angeles, Orange, Riverside, San Bernardino, and Ventura are all combined to make up the Greater Los Angeles Area with over 17.5 million people. The counties of Los Angeles, Orange, San Diego, and San Bernardino are in the top 15 most populous counties in the United States, and they are the top most populous counties in California. Los Angeles (at 3.7 million people) and San Diego (at 1.3 million people) are the two largest cities in Southern California as well as all of California. In Southern California there are also twelve cities over the 200 thousand marker, and 34 cities over one hundred thousand in population. Many of Southern California’s most developed cities lie along or in close proximity to the coast, with exception of San Bernardino and Riverside.
California’s economy is the 12th largest economy in the world (2012), if the states of the U.S. were compared with other countries. As of 2010, the gross state product (GSP) is about $1.9 trillion, which is 13.06% of the United States gross domestic product (GDP). Southern California’s economy is diverse and one of the largest in the United States. It is dominated and heavily dependent upon abundance of petroleum, as opposed to other regions where automobiles are not nearly as dominant. The vast majority of transport runs on this fuel. Southern California is famous for tourism and “Hollywood” (film, television and music). Other industries include software, automotive, ports, finance, tourism, biomedical, and regional logistics. The region was a leader in the housing bubble 2001-2007, and has been heavily impacted by the housing crash.
In one of the richest agricultural regions in the U.S., cattle and citrus were major industries until farmlands were turned into suburbs. Although military spending cutbacks have had an impact, aerospace continues to be a major factor.
California has historically derived significant revenue from international trade. California trade and exports translate into high-paying jobs for over one million Californians. The exports of goods made in California totaled $134 billion in 2007. $48 billion of that total was computers and electronics, followed by transportation, non-electrical machinery, agriculture, and chemicals.
Southern California is home to numerous universities and educational facilities. There are at least ten liberal arts colleges, forty law schools, six medical schools, seven graphic design schools, three beauty schools, four dental schools, and eleven art schools. Universities include several campuses of the University of California system and the California State University system and over 20 private universities.
Travel and Tourism
Southern California is an international travel destination and home to some of the most popular attractions in America. Some of the most famous attractions southern California has to offer include Disneyland, Universal Studios Hollywood, SeaWorld San Diego, Legoland California Resort, Disney California Adventure, Six Flags Magic Mountain, and the San Diego Zoo. Los Angeles is also very famous for its Hollywood-centered attractions such as the Hollywood walk of fame, various studio tours, the Hollywood sign, the Dolby Theater, as well as the Hollywood Museum.