EB5 United Selects NES Financial to Provide Intelligent EB-5 Administration Solutions on Luxury Resort Project
San Jose, CA (PRWEB) July 07, 2015 -- NES Financial announced today that it has been selected by EB5 United to provide its Intelligent EB-5 Solution Suite on the Regional Center’s Four Seasons Resort and Golf Course in Puerto Rico.
The Four Seasons development project features a 5-star luxury hotel and 18-hole golf course atop 610 acres of land with breathtaking ocean views. Currently under construction, the project is estimated for completion in early 2017. With more than 200 investors, this project is expected to create over 2,000 jobs.
The EB-5 visa program, created in 1990, encourages investment in projects that stimulate U.S. job growth, while providing an opportunity for foreign nationals to become lawful permanent residents. An applicant’s investment is typically held in an EB-5 escrow account prior to investment in the New Commercial Enterprise, which then uses the funds to create jobs.
“We wanted a complete solution that would enable us to provide the highest level of transparency to our investors,” said Scott Fuller, CEO of EB5 United. “Investors like to see the progress of their money going through the life cycle. NES Financial offers an all-in-one solution, including escrow, fund administration, and immigration workflow, that allows investors access to this type of transparency.”
NES Financial’s suite of Intelligent EB-5 Solutions is designed to cover the unique requirements of the entire EB-5 process, start to finish. Each solution provides security, transparency, and compliance to assure investors that things are being done right. Whether utilizing select products or the entire bundle, these unique solutions take care of the middle and back office administration so issuers can focus on doing what they do best.
“EB5 United’s Four Seasons Resort and Golf Course has been awarded an NES Financial Platinum Medallion, demonstrating their commitment to best practices,” said Reid Thomas, NES Financial Executive Vice President. “In this highly competitive market, investors and their agents perform extensive due diligence on projects. How an EB-5 issuer chooses to administer their investor funds has become a critical part of the process and an important differentiator in the market.”
About NES Financial
NES Financial provides technology-enabled services for the efficient middle and back office administration of highly specialized financial transactions. The company’s custom solutions include EB-5 administration, 1031 exchanges, and fund administration services. Many of the world’s largest financial institutions and corporations rely on NES Financial’s proprietary technology, unparalleled expertise, and outstanding services to ensure the secure, transparent, and compliant management of funds. Recognized by Artisan Business Group as the 2013 EB-5 Service Provider of the Year and by Inc. Magazine’s 500|5000 as one of the fastest growing private companies in America two years in a row, NES Financial helps companies lower operational costs, reduce risk, and improve ROI. For more information, visit nesfinancial.com.
About EB5 United
EB5 United works with developers to invest real estate equity in their projects, insists on the use of bonded/insured contractors, enlists the support of governmental agencies and elected officials, and structures other safeguards as risk protections. The Regional Center coordinates action worldwide through continuous communication with their network partner relationships. In addition to their North American offices, EB5 United has an office in Beijing and dedicated team members in Shanghai, Singapore, and Brazil. For more information, visit eb5united.com.
Laura Kelly, NES Financial, http://www.nesf.com, +1 (408) 367-0826, [email protected]
Share this article