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Houston EB5 plans Nigerian road show, hosts programme in Lagos

By Taofeek Ali
01 May 2023   |   3:41 am
Houston EB5 has announced its trip to Lagos, to meet and introduce “the Frederick”, a new Priority processing EB5 Investment project located in the heart of the Texas Hill and Wine Country to potential EB5 investors.

Houston EB5 has announced its trip to Lagos, to meet and introduce “the Frederick”, a new Priority processing EB5 Investment project located in the heart of the Texas Hill and Wine Country to potential EB5 investors.

The Lagos EB5 investors connect tagged ‘’Meet the Frederick’’ is aimed at introducing the Frederick”, a new priority processing EB5 Investment project, educating EB5 potential investors on the new priority processing policies and the real advantage of the EB5 Visa programme.

Speaking ahead of the event in Lagos, CEO, 3INVEST, Ruth Obih, said: “During the last visit pre-COVID-19, investors who met one on one with the Houston EB5 team had the opportunity to understand the intricacies of the EB5 programme and the strategy to access the real advantage of the immigration investment programme through a trusted, reputable and authorised EB5 regional centres.”

Following the March 2022 enactment of the EB5 Reform and Integrity Act (RIA), which witnessed major updates to the programme such as investment amounts, investor protections, and transparency measures, as well as strict oversight of the regional centres, the EB-5 Immigrant Investor Programme has opened up more opportunities for rural investors, who now have a viable route forward for speedy processing of the EB-5 petition over non-rural investors.

“Achieving a faster EB-5 processing time is possible now thanks to the new law passed by the U.S. Congress. However, faster doesn’t always mean better. Investors should not turn a blind eye to risky projects simply because they have priority processing. Since the EB-5 programme is a hybrid immigration-investment vehicle, investors must also weigh the benefits and risks associated with each project,” according to the CEO and Founder, Houston EB5, Roberto Contreras.

With the new EB-5 reforms and policies, rural investors can bypass extensive waits caused as a result of visa retrogression, which has been an issue for non-US nationals.

For the COO, DC Partners, Mr. Acho Azuike, “The first I-956F approval for a rural EB-5 project has been issued by the USCIS and only took 9 months as opposed to what was expected to be years.

The most recent Houston EB5 project otherwise known as the ‘’The Frederick’’ has received EB5 Priority Processing designation ensuring some of the fastest possible processing times in the EB-5 programme.

Located in Fredericksburg, Texas, between Austin and San Antonio, the top two fastest-growing cities in the state, the area hosts over 1.2 million tourists a year and is consistently named a top travel destination. The multi-use development will include a 200-room full-service luxury hotel and event center, 42 condominiums, 240 multi-family rental units, and nearly 3,000 square meters of retail space.

Certified by United States Citizenship and Immigration Services (USCIS) as an EB-5 Regional Center, Houston EB5 has worked diligently to provide 100per cent project success for clients on I-526 and I-829 approvals. Houston EB5 is vertically integrated with a leading Texas-based development company, DC Partners. With over 20 successful EB-5 raises and projects totaling 1.5 billion in value, Houston EB5 projects have sponsored more than 1,400 green cards and a 100per cent capital repayment history.

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