Encore Washington/Oregon Regional Center, LLC offers investment opportunities within four Oregon counties and the entire state of Washington. These areas share a common regional economy, diverse ecosystem, and interstate highway system. The four Oregon counties include:
Encore Washington/Oregon Regional Center projects are intended to create positive economic change throughout the above areas, particularly through investment in the designated Targeted Employment Areas (TEAs), defined by USCIS as areas with either unemployment rate of at least 150% of the national average or location within a rural area (defined as population of 20,000 or less).
As specified by the requirements of the EB-5 program section 203 b, investments made within TEAs have an investment amount of $500,000 per investor, while those made outside TEAs will be $1 million per investor. With emphasis on TEAs, Encore Washington/Oregon Regional Center will empower investors with a lower threshold of investment and will enrich those areas with a greater positive impact.
The Encore Washington/Oregon 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 the United States, the principals of the Encore Washington/Oregon Regional 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, 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.
Geography and Climate
The state of Oregon is split by the Cascade Mountain Range. On the west end, the state offers wet grasslands west and lush forests. On average, the state experiences 40-65°F (~7-18°C) in Coastal Oregon. On the opposite end lies dry deserts and flatlands. Eastern Oregon experiences temperatures as low as 25°F (-4°C) and as high as 66°F (19°C).Precipitation can be relatively heavy, with as much as an average of 50 inches of snow and 80 inches of rain reported annually. The state borders Idaho to the east and Northern California and Nevada to the south. In regards to geographic scenery, Oregon offers many breathtaking mountain peaks including Mount Hood, Oregon’s highest peak.
Similarly to Oregon, Washington is split by the Cascade Mountain Range and is humid and mild in West Washington and dry and cool in East Washington. Washington, however, tends to be much cooler. Average temperatures range from 40-50°F (~10-16°C) in the west and 30-70°F (~-1-21°C) in the east. Naturally, Seattle receives much more precipitation than Oregon, with as much as 80 inches of snow and 160 inches of rain on average in a given year. Aside from its neighbor Oregon, the state border Idaho and British Columbia, Canada.
Although demographics vary from west to east Oregon, the registered counties for Regional Center development are situated in and around the Portland city area, the most populous region in the state. In a census study from 2000-2010, Portland’s population increased an impressive 10.3%. Today, Portland is America’s 29th largest city and has a population of roughly 2.3 million people living in or around the city. Roughly 67% of Portland’s population is under 44 years old, which gives Portland a healthy workforce and great potential for economic development. Given its proximity to Vancouver, Canada, and the Pacific Ocean, Portland is also home to a sizable international and multicultural community. The percentage of foreign born residents grew 13.5% from 2008-2012.
Washington is the 13th largest state in the country and is home to 7 million Americans. The population is heavily situated in and around Seattle. Roughly 3.6 million people live in the Seattle metroplex alone. 90% of Seattle’s population is under 65, giving it a great opportunities for growth and development. The population has grown roughly 7.2% from 2010 to 2013. Similar to Oregon, Washington, and Seattle specifically, is home to a large international community. The foreign born community grew 17% between 2008 and 2012.
Portland has a thriving steel industry, shipping more than 1.15 billion tons of steel in 2003. Additionally, Portland is the largest shipper of wheat, handling more than 15 million tons per year. Several prominent companies are headquartered in Oregon, and many more are starting or moving to Oregon because of the favorable tax rates. These companies include Nike, Adidas, and Intel. Because of the Cascade Mountain Range, Oregon offers many premier skiing and snowboarding opportunities. Mount Hood is one of the most well-known skiing destinations in the US with international recognition among outdoor enthusiasts.
Washington is a leading producer of lumber, is widely known as the largest apple producer in the country, and is a leading producer in the fishing industry. Washington’s favorable tax environment attracts business. Companies such as Microsoft, Starbucks, and Amazon are all headquartered in Washington. Boeing also produces many of its aircraft in Washington State. With close proximity to Vancouver, Washington offers many tourism opportunities in and out of Washington, including skiing and snowboarding opportunities similar to Oregon. The Seattle-Tacoma International Airport is a major hub for trading between Asia and Alaska.
The state of Oregon highly values education. In Portland alone, 43.1% of residents had a bachelor’s degree or higher and over 90% of people held a high school diploma, according to the US census from 2008 to 2012. Top public high schools such as the International School of Beaverton, the Corbett Charter School, and Lake Oswego High School, all provide a high-caliber and free education to their students. Oregon is also home to many prominent universities. Oregon State University, for example, is internationally recognized and is the only school in the US, other than Cornell University, to have a Land, Sea, Space, and Sun Grant. Nationally ranking liberal arts schools such as Williamette University, Reed College and Lewis & Clark College are also located in Oregon.
The state of Washington builds its educational foundations early. The top five Washington public high schools all rank above the top 200 public schools in the US. As for higher education, over 52% of residents hold a Bachelor’s degree or higher in Seattle alone, according to a US census from 2008-2012. The University of Washington is known for its medical program, ranking 10th in the nation and #1 in primary care physician education.
Travel and Tourism
Renown for its natural beauty, Washington is home to Mount Rainier and Mound Rainier National Park as well as a wide array of other national parks including Olympic National Park, and Whatcom Falls Park. For those interested in indoor recreation the state offers plenty of activities as well, including the Seattle Space Needle, the Seattle Aquarium, and the Museum of Glass.