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CanAm Enterprises LLC PDF Print E-mail
Written by ARC   
Wednesday, 24 March 2010 16:49

CanAm Enterprises LLC

CanAm..the leader in immigration-linked investment funds
Beginning in 1987, CanAm has been actively involved in structuring and promoting private and government syndicates pursuant to the Canadian Business Immigrant Investor Program (BIIP). Based on CanAm's success in the BIIP, it became the exclusive BIIP promoter for the Province of New Brunswick and Prince Edward Island, raising approximately CDN $280 million.
We have nearly 20 years of experience in immigrant investor visa programs, both in the U.S. and abroad including the PIDC Regional Center, in Philadelphia, Pennsylvania, the Pennsylvania Regional Center with the PA Department of Community & Economic Development (DCED) in Pennsylvania, the Los Angeles Film Regional Center in Los Angeles County, California and the Hawaii Regional Center with the State Department of Business, Economic Development & Tourism (DBEDT). We have a staff with in-depth knowledge of the latest immigration procedures and requirements related to the Program. For our Regional Centers, CanAm has raised more than $625 million for projects totally $2 billion.
When the U.S. Immigrant Investor (EB-5 visa) Program reopened in 2002, CanAm and the Philadelphia Industrial Development Corp (PIDC) applied to have Philadelphia County designated as a regional center. The Philadelphia (PIDC) Regional Center was approved by the Immigration and Naturalization Service (INS) on February 28, 2003, pursuant to the Section 610 of the Appropriations Act of 1993 and 8 CFR Section 204.6(e) as a regional center under the U.S. Immigrant Investor Program.
Working with the Commonwealth of Pennsylvania’s Department of Community and Economic Development (DCED), CanAm applied to have a portion of Pennsylvania designated to participate in the Program. Accordingly, the Pennsylvania (DCED) Regional Center was designated by USCIS on April 13, 2007.
In early 2008, CanAm won the contract to be the exclusive promoter of the Hawaii Department of Business, Economic Development & Tourism (DBEDT) Regional Center, originally designated by USCIS in 1995. We prepared submission for re-designation to USCIS and on October 30, 2008, The Hawaii Regional Center was re-designated by USCIS.
Los Angeles
Most recently, CanAm prepared and submitted an application to have Los Angeles County in California designated as a regional center relating specifically to the motion picture and television industry. On March 24, 2008, the Los Angeles Film Regional Center was formally designated by USCIS to participate in the U.S. Immigrant Investor Program.
The U.S. immigrant investor program is the most flexible in the world. The U.S. has no requirements as to age, business training and experience, or language skills.
Permanent residents need not be continuously and physically present in the United States, and they can maintain business and professional relations in their country of origin.
The U.S. immigrant investment program also allows investors a great deal of freedom because it does not require immigrant investors to manage their investment on a daily basis, but rather, to 'actively engage' in a business enterprise, meaning they can be limited partners and pursue other professional or personal ventures.
Moreover, should the investor and his or her family elect to become U.S. citizens, the time spent as conditional permanent residents is credited towards the five year lawful permanent residency requirement for U.S. citizenship.
As a permanent resident, the investor and his or her family are free to return to their homeland for visits or business purposes, as long as a residence is maintained in the United States.
The State of Hawaii’s Department of Business, Economic Development and Tourism (DBEDT), and CanAm Enterprises, LLC, are pleased to introduce the Hawaii Regional Center, which offers investment opportunities pursuant to the United States Citizenship and Immigration Services (USCIS) EB-5 Investor Visa Program.
Benefits of the EB-5 Investor Visa
Upon receipt of conditional permanent resident status, the investor's family (spouse and children under the age of 21 at time of application) are entitled to the same benefits as other lawful permanent residents. Some of these benefits include:
• Living and working anywhere in the U.S.
• No employment authorization to accept employment
• Ability to develop and run your own business
• Sponsor green cards for your relatives
• Travel outside of the United States and return to the United States without a visa
• Education benefits of permanent residents such as admission to state universities at resident costs
• Become a U.S. citizen once you have been a permanent resident for more than five years
Last Updated on Thursday, 20 May 2010 17:17