Southeast Florida EB-5 Regional Center will be composed of three counties of Palm Beach, Broward and Miami/Dade located in the southeast part of the State of Florida. With a total area of 5,077.23 square miles, this geographic region is primarily a metropolitan area with an estimated 2010 (census) population, in all three counties, of 5,622,966 or 1,107 people (density) per square mile. The 3 counties in Florida have a rich diversity of population, workforce, and economic industries that vary by county. These counties are also in a high unemployment area of the state.
Southeast Florida EB-5 Regional Center can accept viable projects that promote economic growth and create jobs in all counties in the State of Florida according to USCIS Policy, dated May 2013.
Southeast Florida EB-5 Regional Center is located in the State of Florida and operates a professional EB-5 Visa Program. The Center is currently in the approval status with the United States Citizenship and Immigration Services (USCIS).
Southeast Florida EB-5 Regional Center's approved area for investment in Florida will meet the guidelines and qualifications required by the USCIS. These counties above currently represent the strongest local ecomony in the State.
In addition to providing Turnkey Services to EB-5 Visa and qualified projects, the Center will also offer immigrants assistance in relocation through:
Our Regional Center geographic service area is Palm Beach, Broward and Miami/Dade counties in the State of Florida. We may review and approve EB-5 projects outside of this area within Florida provided they meet the requirements of the USCIS guidelines.
The applicant may chose to live in any location within the United States.
Palm Beach County has pockets of great wealth and great poverty, but when the statistics for the entire county are considered, they are near the national average, with median household and family
income both about 99% of the national average. However, the median income figures are 109% and 111% of the average, representing the proliferation of wealthy families in desirable enclaves
scattered throughout the county. The poverty rate for all people, on the other hand is almost identical to the national average.
The tourist trade is of course important for the county, engaging 11.5% of the workforce, compared to 9.2% nationally. There is also a large bulge of professional services relative to the national figures, at 15.1% of the workforce compared to 10.6% nationally. Conversely, the county has a small manufacturing base, which employees only half the proportion of the workforce relative to the national average. The county also has a higher than average proportion of employees in retail trade, and a lower than average proportion in education and health care services.
Broward County is not as affluent, as all four measures of income provided above are slightly below the national average. On the other hand, there are also fewer than proportional households and families at the lower end of the income scale, so the poverty rates are only 85% to 90% of the national average. In terms of the distribution of the workforce by major industrial classification, the figures are similar to Palm Beach county in that the same industries have higher or lower proportions as were noted above.
In spite of the popular perception that tourism drives the economies of southern Florida, the proportion of workers in that industry, defined here to include all entertainment, hotels, and
restaurants, is only slightly higher than the national average. The percent of the workforce engaged in this industry is 11.1% in Miami-Dade County, compared to 9.2% nationally. The
largest differential from the national proportions occurs in manufacturing, where only 5.4% of the workforce are engaged, compared to 10.5% nationally. This shortfall is offset by higher than
average proportions of the workforce in financial and professional services. The proportion of workers in education and healthcare is also about 2 percentage points below average, in spite of
the higher than usual proportion of elderly residents of these two counties.
In terms of income distribution, the mean and median measures for Miami/Dade County are generally 10% to 20% below average. The poverty rate for families in Miami/Dade County is the figure is 134%, while the figure is 124% for all people.
Southeast Florida EB-5 Regional Center will also consider projects in all Counties in Florida that meet the guidelines of the USCIS for EB-5 job creation.