New York (PRWEB) April 28, 2012
CanAm Enterprises LLC, (“CanAm”), the exclusive promoter of five USCIS-designated Regional Centers in the Unites States, is pleased to announce that 26 projects have successful I-829 approvals, which represents more than 750 investor families.
The U.S. Immigrant Investor Program (“EB-5”) is a federal program that grants an employment-based immigration visa known as an EB-5 green card. Overseen by the US Citizenship & Immigration Services (USCIS), the Program provides an opportunity for foreign nationals who are accredited investors to become conditional permanent residents for a period of two years upon making an investment of $500,000 in a qualifying project that will create at least ten new, direct or indirect jobs for U.S. workers. EB-5 investors must submit an immigration application to USCIS with a comprehensive business plan that is “sufficiently detailed to permit the USCIS to reasonably conclude that the enterprise has the potential to meet the job-creation requirements” of the program. Permanent residency is obtained provided the investor submits an immigration application demonstrating that the requisite jobs were created.
“We are very proud of the stellar track record we have achieved both in the United States and Canada since our journey began in 1987. As we begin our second quarter-century, we remain committed to the business philosophy and core values that served us so well during our first 25 years, and to continue to build on the extraordinary track record we have established,” said CanAm Enterprises CEO Tom Rosenfeld.
About CanAm Enterprises, LLC
Founded by President & CEO Tom Rosenfeld in 1987, CanAm is now celebrating its 25th Anniversary as a promoter and sponsor of immigrant investor funds. Starting in 1987, CanAm was actively involved in structuring and promoting private and government syndicates pursuant to the Canadian Business Immigrant Investor Program. During this period, CanAm exclusively represented the Provinces of Prince Edward Island and New Brunswick. In 2002, CanAm shifted its focus to U.S Immigrant Investor Program and established its first Regional Center in Philadelphia in 2003. Today, CanAm is the exclusive promoter of five USCIS-designated Regional Centers located in the County of Los Angeles, the City of Philadelphia, the Commonwealth of Pennsylvania, the State of Hawaii and the North Country Region of Plattsburgh, NY.