Adel Elmankabady: Working with EB-5 Regional Centers (Ep. 13)

In this episode we talk to Adel Elmankabadyon on the advantages of developing an EB-5 project within an established Regional Center.

Adel has twenty years of sales, managing, marketing, and real estate teaching experience in the USA and the Middle East markets. He is a Real Estate Investment Specialist with unsurpassed level of marketplace knowledge in our local Atlanta Market. He is also been part of six EB-5 Investment Projects in Georgia.

In this episode you will hear:

The increasing number of EB-5 Regional Centers
The four documents needed to create n EB-5 Regional Centers
- Private Placement Memorandum
- Subscription Agreement
- Limited Partnership Agreement
- Escrow Agreement
The advantages of working with an established Regional Center for your EB-5 project
- Leverage preexisting approval by USICS (saves time)
- Leverage Marketing scope of the EB-5 Regional Centers
How to approach an EB-5 Regional Centers for your EB-5 program proposal
- Experience of business owner
- Personal Equity of business owner (and other domestic source of funds)
- The EB-5 fund raise target
- The total amount of project funding
- Direct Job creation
Indirect Job creation by a third party (such as EB-5 Economist like Dr. Fernandez from Ep. 7)
The risks and pitfalls of EB-5 projects

Adel also shares with us:

The best advice he has ever received: Do you homework and do the steps in order
His personal habits that attributes to his success: Exercise (give the brain a break and work out the body)
Parting Thoughts: Success does not come at a cheap price, you have to work hard for it.