ARCG Florida Regional Center
ARCG Florida Regional Center uses its specialized knowledge to bridge the gap between project developers seeking capital and the increasingly rigorous demands of EB-5 investors.
ARCG Florida Regional Center was designated as a Regional Center by USCIS in May 2015.
Florida, the “Sunshine State”, is the fourth largest economy in the U.S. by GDP and is the top travel destination in the world with an estimated 93.7 million visitors in 2013. Florida is the gateway to Latin America with numerous Latin American companies maintaining their U.S. corporate offices in state and 40% of all U.S. exports to Latin America passing through the state. The state’s competitive costs, large talent pool, comprehensive infrastructure, global connectivity, and huge market have supported the growth of a robust economy with particular strengths in tourism, agriculture and fishing, aerospace, financial & professional services, health science. This economic diversity creates many very attractive investment opportunities.
ARCG Florida has applied to USCIS for Regional Center designation, which is currently pending adjudication. In the meantime, ARCG Florida has executed an agreement with another Florida-based regional center allowing us to provide opportunities throughout the entire state of Florida.
ARCG management begins its project selection process by getting to know the company’s management and assessing its ability to execute the proposed project. Following the initial assessment of management’s capabilities, fundamental company documents are reviewed. These documents include key supply and sales contracts, project engineering and permitting documents, and financial statements. This review is particularly focused on potential liabilities, such as pending environmental or regulatory issues, liens on the company’s assets, outstanding litigation against the firm, and potential weaknesses in the project plan. The processevaluates the key risks to the company and the investment.
These risks include: execution risk, technical risk, financial risk, and commercial risk; which must be addressed to protect potential EB-5 investors. ARCG may also seek the help of outside experts to review technical aspects of the project. These experts can include: engineers to review project design and construction plans; permitting consultants to verify all local, state and federal permitting regulations have been addressed, specialized industry consultants who can best assist the market feasibility of the project and our immigration consultants and economists to determine if the project will comply with the EB5 program requirements in terms of job creation.
ARCG and its financial partners perform an exhaustive due diligence process on all projects to determine compliance with current legislation.