New York City Regional Center Announces The Repayment Of $224 Million In Capital To EB-5 Investors

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Press Trust of India NEW YORK
Last Updated : Feb 18 2019 | 11:00 AM IST

/ -- The New York City Regional Center ("NYCRC") is pleased to announce that a total of $224 million in capital has now been repaid to EB-5 investors in previous NYCRC offerings. The resulting job creation from these previous offerings enabled 2,025 individuals (EB-5 investors and family members) to receive permanent residency in the United States under the EB-5 Immigrant Investor Program. They are among the more than 4,670 individuals worldwide who have received permanent green cards through NYCRC offerings to date.

"We are proud to announce the repayment of $224 million of capital to EB-5 investors in our previous offerings," said Paul Levinsohn, NYCRC Managing Principal. "These repayments coupled with the issuance of permanent residency in the United States for thousands of individuals, are major achievements for the NYCRC and, of course, for our EB-5 investors and their families."
Over the past 10 years, the NYCRC has put over $1.5 billion of EB-5 capital to work across a broad spectrum of infrastructure and real estate projects in New York City. Much of this capital has been invested in underserved areas in need of long-term economic growth. Examples include:
Examples of additional completed projects utilizing EB-5 capital from NYCRC-managed funds include the following:

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First Published: Feb 18 2019 | 11:00 AM IST

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