Our goal is your green card
www.americanrcg.com
U.S. Office:
Beijing Office:
1200 Brickell Avenue,
Suite 1950
Miami, FL 33131
Level 15 Beijing Yintai Centre
2 Jianguomenwai Avenue
Beijing 100022 P.R. China
T: +1 (305) 961.1610
F: +1 (786) 523.7990
T: +86 (10) 6563.7887
F: +86 (10) 6563.7999
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EB5 Investors Magazine: Do you have an in-house lawyer
or financial expert to help you with due diligence?
David Chen: We have team members who have a financial
and legal background, but we also work with attorneys and
financial experts in the United States. For conducting project
due diligence, we need to go through several stages. First of all,
we do the due diligence ourselves. We review the documents
and see if there are things we do not like or that need to be
proven, and then we negotiate and discuss with the regional
center/developer. After that, we will hire professionals in the
States to verify the documents. If the developer or regional
center is someone we have not worked with before, we need
to do a background check and sometimes hire an attorney to
take a closer look. Also, we will visit the project site of every
deal we do.
EB5 Investors Magazine: What are your preferences in
terms of deciding which project is a good investment?
Can you explain to us what your perfect deal would be?
David Chen: During the process of selecting projects, we
always look at the whole picture and weigh different factors. We
prefer a well-known developer with extensive experience and
distinguished track record, a good location (preferably along the
East or West Coast) and solid capital structure. We also prefer
first lien position EB-5 loans, but that does not mean we always
say no to mezzanine loan projects. There are tons of factors that
need to be considered. For example, a good project should have
at least 20 percent developer equity and sufficient job buffer.
20
We like indirect construction jobs better, but under certain circumstances we can accept revenue-based indirect jobs. We like
construction that has already started before EB-5 capitalization,
and we also like exemplar petition approval because that can
speed up the processing time.
We do not have a very fixed standard. Again, it is important
for us to see the big picture.
EB5 Investors Magazine: Do you ask projects for
exclusivity most of the time? Is your commission/
spread disclosed to the investors?
David Chen: Most of the time we do exclusivity. The commission and spread details are listed in the documents, and we
encourage the investors to get their own attorneys to review
them. I think it is a good trend to do disclosure, and I also think
it is our obligation to follow the regulations.
EB5 Investors Magazine: Besides assisting your
clients with their immigration applications, do you
also help them relocate to the United States?
David Chen: Yes, we called it landing services. If they need
help, we will work with our network and local realtors in the
States to help them land and register for their children at schools.
We try to answer all of their questions. We have a team here
specializing in landing services. If someone can compile a list of
Chinese-speaking realtors and education consultants across the
country, I would love to have that list.
EB5 INVESTORS MAGAZINE
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