EB5 Investors Magazine Volume 5, Issue 2 - Page 45

THE BASICS OF EB-5 EB-5 program, taking the reigns with your own direct EB-5 project versus using a regional center brings complicated risks. If regional centers, consider sponsorship and timing, you will need to have a regional center in place before investors can file their Form I-526 petitions. Ultimately, it’s up to the investor of course, but the issue is clearly more than higher ROI. More control equals more risk, but of course, may also lead to higher returns. It’s an age-old adage that applies in EB-5 as well. AARON GOFORTH Aaron Goforth is the principal of Baker Tilly Capital and one of the leaders of the firm's EB-5 practice. He is recognized for preparing economic analyses and business plans for regional centers working with the EB-5 program. To date, he has supervised the successful completion of more than 650 EB-5 related economic analyses, over 700 business plans and the development of over 200 regional centers. Prior, Goforth served as president of Wright Johnson, one of the leading EB-5 consulting firms in the U.S. OSVALDO TORRES Osvaldo Torres is the principal at Torres Law P.A., focusing on complex corporate t ra n s a c t i o n s , i n c l u d i n g s e c u r i t i e s offerings and mergers and acquisitions. For the past six years, he has been immersed in EB-5 work, successfully representing regional centers and projects with corporate structuring and securities offerings matters. Torres has worked on EB-5 offerings, including those involving hotel development, residential construction, senior independent living complexes, healthcare and medical device companies. He serves on IIUSA’s President’s Advisory Council and Compliance, Public Policy and Editorial Committees. PHUONG LE Phuong Le is a member of David Hirson & Partners LLP’s dedicated EB-5 practice group. He has an extensive background assisting parties on all sides of EB-5 deals including regional centers, developers, agents and investors. He has successfully advised businesses across the U.S. on over $1.5 billion in EB-5 projects, including mixed-use developments, hotels and franchises. He also oversees the firm’s Vietnamese practice group and regularly travels to Vietnam to work alongside the firm’s partners. EB5INVESTORS.COM 44