EB-5 projects in Florida, Invest in 17th Largest Economy in the World
As of September 2022, Florida had 58 approved regional centers for EB-5 investments listed by the USCIS. This figure highlights the state's active participation and strong interest in the EB-5 program.Top Content
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About #eb-5 projects in florida
Florida State Economy
Since the pandemic's onset, Florida's GDP trends have closely aligned with national patterns, experiencing varied growth rates: a 0.2% decrease in FY 2019-20 and increases of 4.0% and 6.9% in the following two fiscal years, respectively. The economy is expected to grow by 3.0% in FY 2022-23, slow down to 2.5% in FY 2023-24, and then fluctuate between 1.7% and 2.4% in the ensuing years. With a $1.4 trillion GSP in 2022, Florida's diverse economy spans agriculture to aerospace. Despite its economic size, Florida remains one of the states with the lowest tax burdens, ranking fifth in the Tax Foundation's 2013 analysis.
Learn more about EB-5 investment projects, regional centers, and rural TEA opportunities in Florida.
EB-5 Market In Florida
Florida stands out in the EB-5 investment landscape, and the U.S. Department of Commerce acknowledges it for its role in job creation through the EB-5 program. Between 2012 and 2013, the state hosted 16 EB 5 projects Florida, attracting 1,223 investors. These investments were impactful, with $890.8 million contributed and over 20,000 jobs generated in 2014-2015. By September 2022, the USCIS recognized 58 regional centers in Florida, reflecting the state's significant role in attracting foreign investment and fostering economic development through the Eb-5 projects in Florida programs.
Florida ranks highly in the EB-5 investment arena, holding 59 out of 640 EB5 approved projects in Florida nationwide as of April 2023, accounting for nearly 10% of the total.
The program has garnered support from various Florida elected officials, including senators and congressional representatives, who view it as beneficial for both the U.S. economy and foreign investors looking to move to the U.S. and invest in Florida's USCIS-approved EB-5 regional centers, like the EB5AN State of Florida Regional Center and Florida EB5 Investments LLC Regional Center.
Florida State
Florida, often called the Sunshine State for its consistently warm weather, ranks as the third most populous U.S. state. While not the lowest, its cost of living is relatively more affordable compared to other central U.S. states, coupled with the benefit of no personal income tax, drawing in those looking to relocate or retire. In recent years, Florida's economy, boasting a gross state product exceeding $1 trillion, thrives on tourism, agriculture (notably oranges), and the aerospace sector as key drivers of its economic growth.
Its lack of personal income tax remains a significant draw for individuals seeking to relocate or retire. Beyond tourism and agriculture, Florida's economy is diversified, with strong international trade, life sciences, and information technology sectors, further solidifying its status as a dynamic economic hub. The state's strategic location also makes it a crucial gateway for trade with Latin America and the Caribbean.
Population of Florida
Historical population
Year | Population | Growth Rate |
2023 (Est.) 2022 2021 2020 |
22,610,726 22,245,521 21,830,708 21,591,299 |
1.64% 1.90% 1.11% 0.46% |
Florida State Immigration Situation
Florida has been a magnet for immigrants, particularly from the Caribbean, establishing it as a state with a rich cultural tapestry for many years. The American Immigration Council reports that approximately 20% of Florida's population is made up of immigrants, and astonishingly, over half of this group have successfully become naturalized citizens of the United States. This demographic shift underscores Florida's role as a significant melting pot within the U.S., highlighting its appeal to those seeking new beginnings and the American dream.
Examples EB-5 projects in Florida
Fig.1 Example of completed Visa EB5 Florida projects. Regional Center: Florida Eb-5 Regional Center, W09000940 http://www.floridaeb5investments.com/
Fig.2 Example of completed EB5 Visa Florida projects. Regional Center - Florida State Regional Center, 1403151665 https://eb5visainvestments.com/
Fig.3 Example of completed Eb 5 visa projects Florida. Regional Center - Florida Regional Center, 1031910194 http://visaeb-5.com/usi-fund-projects/florida-regional-center/