Ashcroft Sullivan New England Economic Development Center
Providing qualified EB-5 investment opportunities to our clients in Massachusetts and Rhode Island since 2015 Contact UsOur TeamThe EB-5 Program
The EB-5 Program allocates 10,000 visas per year for immigrants and their family whose qualifying investment result in the creation of full-time jobs for U.S. workers.
Our Current Projects
The Ashcroft Sullivan New England Economic Development Center is located in Boston, Massachusetts. We are a designated EB-5 Regional Center focusing on projects in Massachusetts and Rhode Island.
How to Apply
Research a designated EB-5 Regional Center in the United States. Engage the Regional Center to assist with the application process and project viewing. Pick your United States Citizenship and Immigration Services (“USCIS”) approved project and begin your application process.
Contact Us
Contact us to learn more about the Ashcroft Sullivan New England Economic Development Center, our current projects, and the EB-5 Program.
Our Commitment
The U.S. government designates Regional Centers to recieve EB-5 investors capital and develop projects that promote regional economic growth and job creation. The Ashcroft Sullivan New England Economic Development Center received federal approval as an EB-5 Regional Center in November 0f 2015.
The Ashcroft Sullivan Economic Development Center intends to offer qualifying investments in opportunistic, high quality real estate, and private equity projects for its EB-5 investors.
What is a Regional Center?
A “Regional Center” (“RC”) is a special designation issued by the USCIS. The designation provides major benefits to immigrant entrepreneurs seeking residency using the EB-5 program. The Ashcroft Sullivan New England Economic Development Center recieved USCIS approval in November 2015. Designation to operate in the New England areas are Bristol County, Norfolk County, Plymouth County, and Prvidence County.
The EB-5 program counts both direct and indirect job created by the immigrant applicant, but will only do so for immigrants that apply through a federally designated regional center. In the case of applicants who do not participate in the regional center, only direct jobs are counted. If the applicant participates with a regional center, both direct and indirect jobs are counted towards the 10-job requirement.
The Ashcroft Sullivan New England Economic Development Center believe one of the most important advantages of working with a designated RC is the job creation requirement. The immigrant must prove he created and sustained 10 new, direct employees over a 24-month period. Under the ASNEEDC program, however, the immigrant can satisfy residency testing by showing the 10 jobs through a combination of direct and indirect job creation.
Another RC advantage is that immigrants may pool capital thereby reducing management responsibilities while increasing job creation results.
Finally, RC helps immigrants facilitate their investment into a project. We assist with legal connections, project updates, and the application process. Here at the ASNEEDC, we pride ourselves on assisting our clients through the investment and application process.
Our Team
John Ashcroft,
Principal
Former U.S. Attorney General, Governor and U.S. Senator, John Ashcroft serves as founder and Chariman of the Ashcroft Group and The Ashcroft Law Firm (together, the “Firm”).
David Ayres,
Principal
As Chief Executive Officer of The Ashcroft Group, David Ayres sets the firm’s business strategy and establishes objectives that will achieve results for clients served by The Ashcroft Group.
Michael Sullivan,
Principal
Mr. Sullivan is an expert in government investigations, corporate compliance and ethics, corruption, health care and corporate security, has extensive policy and regulatory experience.
How To Apply
First: Contact Ashcroft Sullivan New England Economic Development Center to Determine Suitability by completing an investor questionnaire.
Second: Review Offering Documents.
Third: Investor submits form I-526 to the United States Citizenship and Immigration Services (“USCIS”).
Fourth Complete the National Visa Center Family Documentation.
Fifth: Prepare for Consulate Interview or Status Adjustment.
Sixth: Submit I-829 Submission.
Investment Minimum: $900,000
Fees: $53,000
Investment Terms: Average of five years
Investment Location: Massachusetts and Rhode Island Area
Interest Income: Annual payments from the proejct. % of annaul return depends on the project.