Can this Oakland businessman create 2,000 jobs from overseas EB-5 investors?; from San Francisco Business Times

As great as EB-5 financing is; one thing it is not is fast. EB-5 campaigns are well known to take up to a year at least.  Even longer for billion-dollar projects.  They also require telemarketing and government relations support services.  (Neither of which is a broker)  So what government agency is involved and how long does that take?

This investor  relations (IR) call center mentioned below already has 175 employees with a goal of 1,000 employees by the end of 2016. At that pace you would have to recruit, train, supervise (and retain) up to 3 new employees every day.

Each employee at the following call center gets paid $14 an hour + annual bonuses worth several thousands + medical benefits.  The only call centers in the US that work only on commission are known as “boiler rooms” which average 50% commission of funds raised

The following call center also claims to make over 100,000 phone calls per day.  However, assuming a 10 minute call each employee can only make 48 calls in an 8 hour day.  The actual generation of leads for this call center are made by a subsidiary.

Also note that regional EB-5 centers only deal with EB-5 finance and are called regional for a reason. And that region might be just a state or county or 1 city.  The focus for the one below is in Oakland, CA.

And finally; EB-5 investors seek tangible, collaterialized, securities, revenue-type investments.  (pre-sales is a revenue)  No surprise that their #1 choice is commercial real estate.  Like current office towers in Seattle or hotel-casinos in Las Vegas.  This does not dismiss other industries so long as they have any of the above.

San Francisco Business Times
This article was sent to you by Jeffrey Allen (globalcrossroadscapital.com):

Sender’s comment:

Can this Oakland businessman create 2,000 jobs? Hundreds of Chinese investors eager for green cards are betting on it

Published: August 13, 2015

On the fourth floor of the historic Tribune Tower in downtown Oakland, a chorus of voices fills the room.

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© 2015 American City Business Journals Inc. All rights reserved. bizjournals digital network

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