Get your Green Card by investing in hotels in the U.S.
EB-5 Investment Program: A Path to U.S. citizenship through hotel investments
The U.S. Congress created the EB-5 Program in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. It works by linking U.S. businesses looking to raise capital with foreign investors seeking a U.S. visa, creating a system that benefits all parties.
Through an EB-5 investment, the investor, his/her spouse, and any
children under the age of 21 will be granted permanent residence in the U.S.
EB-5 Immigration Process
Investor retains an immigration attorney who conducts a review of the investor’s funds and supporting documentation to confirm eligibility under the EB-5 program.
Investor subscribes to an EB-5-qualified project, deposits the required investment amount, and pays the administrative fee. The immigration attorney then prepares and files the I-526 petition with USCIS to initiate the EB-5 visa process.
USCIS reviews the I-526 Petition. Upon approval, the investor and qualifying family members receive a two-year “conditional” Green Card, which grants residency in the U.S., allowing them to live, work, and travel without restriction.
Approved investors and immediate family members can continue to reside, work, and travel in the U.S. with their conditional Green Card. Approximately 90 days prior to the expiration of the conditional Green Card, the attorney files the I-829 Petition to remove the conditions, confirming that the investment has met the job creation requirements.
If the I-829 Petition is approved, the investor and family members receive permanent residency. At this stage, the investor may also be eligible for a return of capital, and may choose to reinvest in a new project with Driftwood Capital or pursue other investment opportunities.
Actual timeline will vary based on several variables, including but not limited to the pace at which USCIS reviews filings, changes in law, regulations and guidelines, and other factors outside of the control of Driftwood and its affiliates.
Available Projects
Riverside Wharf Miami
Miami, FL
A transformative hospitality & entertainment complex in the heart of Downtown Miami
Target Metrics
Annual Rate
0.5%-6%
Required Investment
$800,000 USD
Target Jobs Per Investor
33.2
Anticipated Hold Period
5 Years
All information set out on this page is subject to change. Nothing contained herein should form the basis of any investment decision. There can be no assurance that actual performances will meet or exceed performance objectives (including that they may be significantly lower than performance objectives) or that actual results will meet expectations or objectives.
Driftwood Capital® Advantage
All-in-one ecosystem
Management partnership model
DealDirect syndication
Known industry player
Vertically integrated EB-5 opportunity provider
Frequently Asked Questions
What is the EB-5 Program?
The U.S. Congress created the EB-5 Program in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. It works by linking U.S. businesses looking to raise capital with foreign investors seeking a U.S. visa, creating a system that benefits all parties.
Through a qualifying EB-5 investment, the investor, his/her spouse, and any unmarried children under the age of 21 will be eligible for permanent residence in the U.S. The traditional model used in the industry consists of an investment in a company, which makes a loan to the project for a term of 5 years with annualized interest payments of 2% for the investor. Additionally, Driftwood Capital offers a second investment option qualified to obtain residency as a project partner that is expected to produce projected greater, more equity-like returns.
What are the requirements to participate in the EB-5 program?
The main requirements to participate in the EB-5 program include:
- Make an investment in a business project in the United States.
- The investment must be at least $800,000 USD if the project is located in a rural or high unemployment employment area (TEA), or $1,050,000 if it is located outside of a TEA.
Create at least 10 full-time jobs for American workers.
What is the investment process in the EB-5 program?
The investment process in the EB-5 program generally follows these steps:
- Identify and select a business project in which to invest.
- Make the capital investment and submit the Form I-526 application to the United States Citizenship and Immigration Services (USCIS).
- If the application is approved, the investor must apply for an immigrant visa or adjust status if already in the United States.
- Obtain a conditional permanent residence card for a period of two years.
- File Form I-829 before conditional residency expires to remove the conditions and become a permanent resident.
How long does it take to obtain permanent residency through the EB-5 program?
The time it takes to obtain permanent residency through the EB-5 program varies on a case-by-case basis, but it is generally estimated that it can take between 24 and 60 months from filing the initial application to obtaining permanent residency without conditions.
Is it possible to include my family on my EB-5 application?
Yes, the spouse and unmarried children under 21 years of age of the main investor can be included in the application and are also eligible to obtain a permanent resident card.
Can I live and work anywhere in the United States with a Green Card obtained through the EB-5 program?
Yes, once you obtain a Green Card through the EB-5 program, you can live and work anywhere in the United States without restrictions.
What happens if my business venture does not meet the employment requirements of the EB-5 program?
If the business project you have invested in does not meet the job creation requirements, your application to remove conditions (Form I-829) may be denied and you could lose your permanent resident status.
Riverside Wharf Miami
Miami, FL
A transformative hospitality & entertainment complex in the heart of Downtown Miami
Target Metrics*
Target Annual Rate
2%-6%
Required Investment
$800,000 USD
Target Jobs Per Investor
33.2
Anticipated Hold Period
3-5 Years
EB-5 Track Record
Residence Inn Miami West/ FL Turnpike
Miami, FL
Number of Investors
18
EB-5 Capital Raised
$9,000,000
Created per Investor
12 Jobs
Project Status
Active
Home2 Suites by Hilton Fort Lauderdale Downtown
Ft. Lauderdale, FL
Number of Investors
36
EB-5 Capital Raised
$18,000,000
Created per Investor
12 Jobs
Project Status
Operating
Canopy by Hilton West Palm Beach Downtown
West Palm Beach, FL
Number of Investors
46
EB-5 Capital Raised
$23,000,000
Created per Investor
14 Jobs
Project Status
Operating
Canopy by Hilton Tempe Downtown
Tempe, AZ
Number of Investors
52
EB-5 Capital Raised
$26,000,000
Created per Investor
14 Jobs
Project Status
Operating
Element Melbourne Oceanfront
Melbourne, FL
Number of Investors
9
EB-5 Capital Raised
$4,500,000
Created per Investor
19 Jobs
Project Status
Operating
Staybridge Suites Wilmington Downtown, an IHG Hotel
Wilmington, DE
Number of Investors
9
EB-5 Capital Raised
$7,200,000
Created per Investor
29
Project Status
Operating
Important disclaimer and disclosures
The target returns shown in this document are hypothetical in nature, do not reflect actual results, and are not a guarantee of future results. Target returns are based on assumptions that may not prove to be accurate. There are several limitations inherent in target returns like those portrayed in this document. Additionally, a specific investor’s actual performance may differ materially from such illustrative data depending on numerous factors. No representations or warranties whatsoever are made by Driftwood Capital, its affiliates, subsidiaries, or any other person or entity regarding the future profitability of an investment vehicle or the results of making an investment. Projected or past performance is not a guarantee of future results. Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements and may be worse due to various factors, including, without limitation, changes in laws, fluctuations in real estate markets, the tourism and hospitality industries, increases in costs, and adverse conditions in the credit and capital markets. Moreover, actual events are difficult to project and often depend on factors beyond the control of Driftwood Capital, its subsidiaries, and affiliates.
*Target Returns
Minimum investment amount applies to EB-5 projects in a TEA and is subject to change. For the latest information, please consult an immigration attorney and visit USCIS.gov.