Get your Green Card by investing in hotels in the U.S.

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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.

Driftwood EB-5 Program

EB-5 Immigration Process

Investor retains immigration attorney who reviews investor source of funds and immigration paperwork for eligibility.

Start

Investor subscribes to an EB-5 qualified project, deposits the required investment amount, and pays an administrative fee. Investor’s immigration attorney prepares and files I-526E petition to United States Citizenship & Immigration Services (USCIS).

Month 1

USCIS reviews investor’s I-526E petition. If petition is accepted, the petitioner receives a “conditional” Green Card valid for two years.

Months 2-36

With their conditional Green Card, an approved investor and immediate family members can live, work, and travel anywhere in the U.S. without restrictions.

Year 4

90 days prior to expiration of the investor’s conditional Green Card, the investor’s immigration attorney files an I-829 petition requesting removal of conditions on the Green Card based on the project’s creation of the requisite jobs.

Year 4-5

Investor has the option to receive their initial investment or to convert their equity in the project to another Driftwood Capital affiliate transaction.

Year 5-6

Available Projects

Riverside Wharf View from River

Riverside Wharf Miami

Miami, FL

A transformative hospitality & entertainment complex in the heart of Downtown Miami

Target Metrics

Annual Rate

2%-6%

Required Investment

$800,000 USD

Target Jobs Per Investor

40.6

Anticipated Hold Period

5 Years

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Driftwood Capital® Advantage

All-in-one ecosystem

Driftwood Capital® brings investment industry knowledge and deep relationships in acquisitions, development and lending, plus a 25- year track record in hospitality management, to every investment opportunity.

Management partnership model

Driftwood Capital® and affiliates have partnered with investment funds, banks, servicers, brands and other sponsors to operate and/or invest in and asset manage hotels.

DealDirect syndication

Dedicated GP Funds serve as bridge capital to close deals upfront, allowing for deal-by-deal, post-closing syndication to an ever-growing network of more than 1,200 accredited investors as of December 2023.

Known industry player

With deep contacts across the hospitality industry and by leveraging DHM’s history in turnaround and receivership, Driftwood believes it has significant access to deal flow, seeking to transact on a wide range of hospitality assets across the US.

Vertically integrated EB-5 opportunity provider

Streamlining all aspects of the investor process by aligning activities from development, to regional center, to investor & agent support.

EB-5 Track Record

Marriott Residence Inn Miami

Marriott Residence Inn Miami

Miami, FL

Number of Investors

18

EB-5 Capital Raised

$9,000,000

Created per Investor

12.5 Jobs

Project Status

Active

Tru & Home2 Suites by Hilton

Tru & Home2 Suites by Hilton

Ft. Lauderdale, FL

Number of Investors

36

EB-5 Capital Raised

$18,000,000

Created per Investor

12.2 Jobs

Project Status

Active

Canopy by Hilton

Canopy by Hilton

West Palm Beach, FL

Number of Investors

46

EB-5 Capital Raised

$23,000,000

Created per Investor

14.6 Jobs

Project Status

Active

Canopy by Hilton

Canopy by Hilton

Tempe, AZ

Number of Investors

52

EB-5 Capital Raised

$26,000,000

Created per Investor

14.6 Jobs

Project Status

Active

Element Melbourne

Element Melbourne

Melbourne, FL

Number of Investors

9

EB-5 Capital Raised

$4,500,000

Created per Investor

19 Jobs

Project Status

In Construction

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.