Illustration of the proposed project
Lagos-based real estate firm, 3INVEST Limited has unveiled another investment opportunity for property investors as part of its partnership with Houston EB5, which involves raising capital for development projects.
Under the new scheme, Houston EB5 is offering potential investors, the opportunity of investing in Real Estate development in Eighteen25 Luxury Condominium in Houston, Texas. In addition to the prospect of a good return on investment, investing in this project will qualify investors for permanent residency in the United States through the EB-5 programme.
Eighteen25 condominium project consists of approximately 240 units in an eight-story building and a total of 62,500 SF or 1.4348 acres. The plan comprises three floors of parking with five floors of residential units. The project site is an entire block in Downtown Houston.
The project is being developed in partnership with Allied Realty, a Houston based multifamily developer founded in 1985. “Houston EB5 maintains our focus on helping foreign investors achieve permanent United States residency. We have achieved an important milestone: the first I-829 approvals for Astoria and I-526 Marlowe, two of our luxury residential projects in Houston.
I-829 approvals signify that Houston EB5 has created the promised number of jobs per investor for the project, and several investors are approved for permanent U.S. residency.
Astoria is a signature high-rise development in the Galleria area that sold out a year before it was completed. EB-5 investors committed $1 million each to the project, one of the few of its kind in the U.S.; investors are starting to receive I-829 approvals.
Marlowe is a luxury high-rise in the heart of downtown Houston, essential to providing residential capacity in line with rapid business development in the area. Investors are now receiving I-526 approvals.
Houston EB5 stands out not only for the success of our projects and investors, but as one of the few EB-5 Regional Centers that is also a real estate developer. We offer unique expertise, more than 140 investors, and a 100per cent success rate on I-526 and I-829 approvals.
The EB5 investment programme is administered by the U.S. Citizenship and Immigration Services under the Department of Homeland Security. It allows investors who make a qualified investment to fast track permanent legal residency in the United States for themselves and their immediate family without the usual roadblocks or red tape associated with the immigration process.
Houston EB5 has stayed committed to bringing developments of impeccable design and elegance to Houston and to sustaining the strong economic environment from which the city has grown.
Given that real estate investments remain much safer in nature than typical business investments, compounded with Houston’s strong economy, investors in Houston EB5’s developments can expect a more reliable and timely return on their investment. Houston EB5 believes Nigeria can become a crucial part in helping to expand the city’s skyline by investing in Houston EB5’s developments.
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Guardian
