Introduction to NRIA's EB-5 Visa Program

Introduction to NRIA’s EB-5 Visa Program

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Step-by-Step Guide to Help Simplify the EB-5 Process

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www.nriaeb5.net Introduction to EB-5 Immigration Visa

The EB-5 Program is an investment based immigration program designed to allow foreign investors who invest in the United States and create jobs for American workers to gain permanent residence (a “green card”) in the United States.

An EB-5 visa applicant who invests $900,000 to $1,800,000 depending on the project (plus an administration fee along with separate legal fees and USCIS fees) in a targeted employment area can attain their permanent residency green card for themselves, their spouse, and their children under 21. Qualifying “investments” must result in the creation of 10 full-time jobs for U.S. workers. Some of the most popular immigration investment programs in the United States are located in the New York Metro area, San Francisco, Philadelphia and Southern Florida.

Currently How EB-5 Investment Works

INVEST CREATE RECEIVE $900K to $1.8M 10 Jobs Green Card In a qualified11 project +=Create 10 jobs in Obtain U.S. permanent (plus Admin fees, 2 years through resident status or Attorney fees, your investment in a “green card” and USCIS fees) NRIA Real Estate

The most secure type of investment an EB-5 visa applicant can invest in is a real estate development that is “certified” by an economist to create 10 U.S. jobs per investment. All NRIA projects are economist certified to meet this job creation requirement.

When the investor’s initial application is approved, the investor can stay in the U.S. and apply for conditional residence. The conditional residence lasts two years. After two years, the investor can apply to have the conditions removed and have the conditional residency made permanent, but only if the investment has resulted in the creation of a minimum of 10 jobs, as required, which NRIA projects do.

NRIA NATIONAL REALTY INVESTMENT ADVISORS www.nriaeb5.net 2 EB-5 Visa Program © National Realty Investment Advisors The EB-5 Process

If you are investing in one of NRIA’s projects, here is a summary of the EB-5 process and what EB-5 investors need to have to get an EB-5 Visa: • You need a minimum of $900,000 available to invest plus administration fees ($50,000), attorney fees and USCIS fees in U.S. currency verified available to invest. You may secure your spot with $200,000 down and a promissory note against Real Estate. • The investor must verify the investment and prove that the investment capital came from a lawful source. • Discounts may be available when you speak with us directly to discuss your case. • There is a waiting period to receive your I-526 approval and 2 year conditional green card. This varies by your country of origin. Your 2 year green card is then followed through with a 10 year permanent card during which time you are eligible to become a US citizen. Also, if you are here on an H1B, you may renew and stay during your wait. Your recommended EB-5 attorney will customize this timeline and process with you once all required documentation is reviewed. • It is required that you pass a standard government background check for criminal, political or financial activities.

What EB-5 investors need to do to invest in our EB-5 projects for EB-5 Visas:

• Set-up an initial consultation with NRIA EB-5 to discuss your case. • Submit your financial overview information to NRIA EB-5 to determine your EB-5 qualifications. • Contact and schedule a conference call with your recommended EB-5 attorney. • Hire your EB-5 immigration attorney and submit actual documents. • Request and read your EB-5 project documents. Ask us any necessary questions. • Sign the EB-5 project subscription documents. • Transfer the $900,000 to $1,800,000 plus required fees into an escrow account where the funds are held safely by a third party. • Prepare a source of funds report. • File your I-526 petition through your recommended immigration attorney.

Planning Your EB-5 Investment EB-5 investment offerings vary. What’s great about NRIA EB-5 projects are that they are small to medium sized residential real estate development projects statically located in U.S. to sell out quickly. They are in super high demand markets like Northern NJ, New York, Philadelphia PA, and Palm Beach County, Florida, and they are not the 1 Billion dollar high risk projects. NRIA’s EB-5 consultants will evaluate your situation and present the best EB-5 investment location for your safe project investment. Let NRIA EB-5 help you make sense of the EB-5 visa process and cost today.

www.nriaeb5.net NRIA NATIONAL REALTY INVESTMENT ADVISORS 3 © National Realty Investment Advisors EB-5 Visa Program The EB-5 Process Simplified

Regional Center EB-5 Investment Process Simplified

Subscribe 111 Invest $900,000 to $1,800,000 in an EB-5 NRIA LLC project plus fees.

Invest 2 The EB-5 LLC invests in the job creating project.

Create Jobs 3 NRIA EB-5 builds and operates the project and complies with all regulations.

Get Repaid 4 Developer returns the EB-5 investment to the EB-5 LLC in 5 years with your return.

Wrap Up 5 The EB-5 LLC liquidates and returns the investment to Investors plus interest.

NRIA NATIONAL REALTY INVESTMENT ADVISORS www.nriaeb5.net 4 EB-5 Visa Program © National Realty Investment Advisors Summary of EB-5

EB-5 at a Glance

• Immigrant investor program for economic stimulation and job creation. • Congress created the EB-5 program in 1990 to benefit the U.S. economy by attracting investments from qualified foreign investors. • Fastest and most direct route to permanent U.S. residency.

Investment Requirements • Minimum amount of capital investment is $900,000 to $1,800,000 (depending on the project), plus administrative fees ($50,000), your attorney fees, and USCIS fees. • Investment must be made in a for-profit U.S. commercial entities with real estate being safest. • Investments must result in the creation of 10 full-time jobs for U.S. workers, and all NRIA projects are economist certified to do this.

EB-5 Certified Resource Center

We are proud to be affiliated with the New York City Transportation Regional Center, LLC. Regional Center ID: 1636255031

• An EB-5 Regional Center sponsors capital investment projects for investment by EB-5 investors. • Regional Centers funding projects in Targeted Employment Area’s (TEA) or rural areas can accept a minimum investment of $900,000 to $1,800,000 plus administrative, attorney and USCIS fees. • Regional Centers will let the investor know if their targeted projects are located in a designated TEA area (Targeted Employment Area). TEA designation is incredibly important for EB-5 investors because of creating 10 indirect full-time jobs.

What’s the EB-5 Advantage?

• One of the fastest methods to gain permanent U.S. residency • No visa sponsor requirements • Freedom to live and work anywhere in the U.S. • Education benefits such as lower cost in-state tuition at public colleges and universities • Receive your conditional green card in approximately 24 months

www.nriaeb5.net NRIA NATIONAL REALTY INVESTMENT ADVISORS 5 © National Realty Investment Advisors EB-5 Visa Program NRIA Helps with the EB-5 Immigration Process

FIRST STEP SECOND STEP THIRD STEP FOURTH STEP FIFTH STEP • Complete preliminary • Investor’s attorney • Investor’s attorney • Investor submits form • Regional center project investor questionnaire submits I-526 petition files application for I-485 to adjust status information provided • Investor receives to USCIS immigration visa or • Investor receives to investor’s attorney confidential EB-5 • Project funds are adjustment status 2 year “conditional” • Form I-829 filed for the confidential offering released from escrow upon receipt of I-536 green card removal of conditions approval documents • Evidence of investment • Investor receives • Investor prepares • 24 month window for and job sustainment is permanent green card source of funds memo job creation begins handled by NRIA EB-5 upon approval and signs subscription and legal councel. • Investor applies for documents U.S. Citizenship • Transfer $900,000 to $1,800,000 (depending on the project you invest in) plus fees to an escrow account

57- 60* months from I-526 petition submission Upon I-829 approval, conditions of permanent residency are removed.

NRIA NATIONAL REALTY INVESTMENT ADVISORS www.nriaeb5.net 6 EB-5 Visa Program © National Realty Investment Advisors CASE STUDY: EB-5 Investment Sample

SELECT AN EB-5 PROJECT

INVESTINVEST $900,000 $500,000 - $1,800,000 PLUS (DEPENDINGANY FEES ON THEIF REQUIRED, PROJECT) PLUS IN THE ANY REGIONAL FEES IF REQUIRED, CENTER IN THE REGIONALPROJECT CENTER OF YOURROJECT CHOICE OF YOUR CHOICE

WORK WITH IMMIGRATION ATTORNEY TO PREPARE THE I-526 FILE (INCLUDING LEGAL SOURCE OF FUNDS)

Timeline SUBMIT I-526 FORM TO USCIS

I-526 precessing time – waiting period varies by country of origin APPROVED DENIED

Adjustment of status with I-485 can range (IF APPLICANT IS IN THE U.S.) (IF APPLICANT IS NOT IN THE U.S.) THE INVESTMENT AND ANY from 4 to 9 months. ADJUST STATUS IN THE CONSULAR PROCESS IN ADMINISTRATIVE FEES Consular process can U.S. THROUGH I-485 HOME COUNTRY WILL BE REFUNDED take 1 year until approval.

IF APPROVED, RECEIVE CONDITIONAL GREEN CARD

21 to 24 months

FILE I-829 TO REMOVE CONDITIONAL STATUS

I-829 processing time – 15.7 months

APPROVED DENIED

The total time from the submission of I-526 to RECEIVE PERMANENT GREEN CARD IF YOUR I-829 IS DENIED AFTER permanent green card (REQUIRES RENEWAL EVERY APPLICATION AND INVESTMENT receipt may take 56.2 10 YEARS) ACCEPTANCE FOR ANY REASON, months (4.7 years) NRIA EB-5 WILL REFUND or longer. YOUR MONIES

RETURN OF INVESTMENT

AFTER 5 YEARS, APPLICANT IS ELEGIBLE TO APPLY FOR U.S. CITIZENSHIP

www.nriaeb5.net NRIA NATIONAL REALTY INVESTMENT ADVISORS 7 © National Realty Investment Advisors EB-5 Visa Program CASE STUDY: EB-5 Sample Timeline

IMMIGRATION TIMELINE

I-526 I-485 CONDITIONAL PERMANENT RESIDENCY I-829 APPROVAL CONDITIONAL GREENCARD CHANGE OF STATUS JOB CREATION PERIOD REMOVAL OF CONDITIONS

• Waiting period varies by • 4-6 Months • Project creates 10 jobs • 12-15 Month Processing Time country of origin • Attorney Fee • After 2 years, file I-829 petition to remove conditions • Attorney Fee • $900,000 to $1,800,000 • USCIS Fees • Job Creation period can include time within I-485 • USCIS Fees Investment and $50,000 Change of Status as well Administration Fees • Attorney, SOF, USCIS Fees YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

CONSTRUCTION OPERATION & LEASING EXIT (24 MONTHS) OF APARTMENTS OR SALE OF CONDOMINIUMS SALE (30 MONTHS) (6 MONTHS)

PROJECT TIMELINE

* See the USCIS website for the most current information.Timelines and schedule are for example purposes only and based off the current information available at the time of publication. Processing times are subject to change at any time without notice.

NRIA NATIONAL REALTY INVESTMENT ADVISORS www.nriaeb5.net 8 EB-5 Visa Program © National Realty Investment Advisors A helping hand. Have a q uestion? Schedule a free It might seem consultation complicated, we with one of NRIA’s know, but our expert consultants help desk is today. here for you.

Planning Your EB-5 Investment EB-5 investing offerings vary. What’s great about NRIA EB-5 projects is that they are small to medium sized, statically located in super high demand areas, and are much safer and easier to sell out than some $1 Billion mega project –in our view. NRIA’s EB-5 consultants will evaluate your situation and present the best EB-5 investment location for your safe real estate back investment. Our projects are decisively developed in the Northern NJ, the New York metro area, Philadelphia PA, and Palm Beach, Florida area, these are all up markets! Let us help you make sense of approval times, costs and more.

Our Offices are currently located in the USA and India Our main corporate office is located in Secaucus, New Jersey USA. There are additional locations in Lucknow, India with a Brazil office opening soon.

Legal Questions? NRIA EB-5 consultants will help you every step of the way, and we will also recommend you to one of the top EB-5 legal firms in the country.

www.nriaeb5.net NRIA NATIONAL REALTY INVESTMENT ADVISORS 9 © National Realty Investment Advisors EB-5 Visa Program EB-5 Program Frequent Questions

What is the EB-5 Visa Program? The EB-5 Visa program is sometimes called the “Golden Visa” and was created by the United States Congress in 1990 to help stimulate the U.S. economy while also providing a unique opportunity for foreign investors to obtain a permanent residency “Green Card” in the United States.

What does the Foreign Investor need to do? In order to qualify for the EB-5 visa, a foreign investor needs to invest $900,000 to $1,800,000 (depending on the project) plus administrative, attorney and USCIS fees in a targeted employment area; known as a “Regional Center”. The Regional Center that NRIA is working with is the NYC Transportation Regional Center which is focused on one of the most desirable locations in the world: The New York City Metropolitan Area. We also however, have prime opportunities in Palm Beach County, Florida and Philadelphia from time to time.

Is that it? All I need to do is invest at least $900,000? In addition to investing a minimum of $900,000 (plus administrative, attorney and USCIS fees) in a Targeted Employment Area (TEA), the investment must also create at least 10 jobs over 2 years in that Regional Center. All NRIA projects are economist certified as job creators.

And is it only the investor who gets a Green Card? Once the investment and application process are completed, the investor should be approved. The investor, their spouse and any of their children under 21 years of age are all eligible for a permanent residency Green Card.

If I'm on a H1B Visa and want to apply for an EB-5 Visa, does the $900,000 to $1,800,000 have to come from an overseas account? No, as long as money is in a USA Verifiable account you can utilize those funds.

Do I need to be an Accredited Investor? If your primary residency is not in the United States, you do not have to have accredited investor status. If your primary residence is in the United States, then you do have to be an accredited investor. For US persons, an Accredited Investor must generally meet the following criteria: A. Net worth, or joint net worth with that person's spouse, exceeding $1,000,000– excluding the primary residence. B An individual with income exceeding $200,000 in each of the two most recent years or a joint income together with their spouse exceeding $300,000 in each of those years with likelihood of continuance. (US based persons please see: www.sec.gov/fast-answers/answers-accredhtm.html for a full definition of the term “accredited investor” and seek your NRIA advisors assistance in understanding your compliance requirements)

How long does this process usually take? Typically, from the time you first apply for your EB-5 Visa through NRIA’s EB-5 Visa program, it can take up to 2-3 yearsto receive your conditional Green Card. However, time frames do vary by country of origin. Our recommended EB-5 Attorney can counsel you on the price situation for your country and circumstances.

What happens after 2 years? Is it complicated? Typically, after you receive your conditional green card it could take another 1-3 years before all restrictions and conditions are removed from your Conditional Green Card status. Although this process might seem complicated, the NRIA EB-5 program helps make the process as smooth as possible for you from start to finish, also your referred attorney will follow through on all vital aspect of your EB-5 application from the beginning to completion.

What are the advantages of an EB-5 Visa versus other paths to permanent residency? There are many advantages to an EB-5 Visa over other visas. For example: There are no specific educational or technical requirements necessary; you have the freedom to work and live anywhere in the U.S. you wish; you need not prove every 3 years you are the only person who can perform a special job – as with the H1B visa; it’s easy to apply; and you get your initial $900,000 to $1,800,000 investment back plus interest after 5 years.

Are there any fees? Yes, the Administration Fee is $50,000 that is assessed by various service providers in addition to the immigration attorney fees and USCIS fees. Discounts may be available if you speak with us directly to discuss your case.

Do I need to hire an attorney? Yes, NRIA EB-5 consultants will help you every step of the way and will also recommend to you excellent legal representation through one of the East Coast’s leading legal authorities on the EB-5 process.

What happens if I am not accepted? If your I-526 petition is not approved after we have accepted you, for any reason, NRIA EB-5 will refund your $900,000 to $1,800,000 capital investment and $50,000 Administration fees.

Why would I choose NRIA? NRIA is one of the East Coast’s leading midsized developers. For more than a decade, our exceptional project management has delivered over $800M of built, rented or sold successful real estate. We have delivered on our promises to our investors and real estate partners over and over again. Our corporate office is strategically located in Secaucus, NJ, conveniently near NYC and a majority of our EB-5 projects. We also have an overseas office opened in Lucknow, India, with other global locations opening soon. Our EB-5 Regional Center is located in NYC, which is one of the most desirable areas of the United States, if not the world. We are professional, friendly and helpful and welcome the opportunity to help you fulfill the American Dream! NRIA NATIONAL REALTY INVESTMENT ADVISORS www.nriaeb5.net 10 EB-5 Visa Program © National Realty Investment Advisors NRIA’s EB-5 Projects

NRIA knows the ins and outs of developing successful, sought-after properties that are prime opportunities for EB-5 investors.

INVESTMENT | MANAGEMENT | DEVELOPMENT

*An offer to buy or sell any security is only made by our Private Placement Memorandum. Read it first and invest wisely. Past performance is no guarantee of future results. National Realty Investment Advisors, LLC. is a Real Estate Development Firm. See us online at: NRIA.NET and NRIAEB5.NET **The timeline for a conditional Visa and unconditional Visa/ Green Card are estimated and will vary depending on each individual applicant’s situation.

www.nriaeb5.net NRIA NATIONAL REALTY INVESTMENT ADVISORS 11 © National Realty Investment Advisors EB-5 Visa Program Why NRIA?

NRIA saw a tremendous opportunity in-filling key urban locations. Since 2006, we have earned our reputation by building beautiful communities up and down the East Coast. Our team — handpicked from among the experts in their specialties — thoroughly vet each of our undertakings to ensure maximum benefits with minimum risk for our Investors and NRIA. Since we get paid last, we make sure every project has lots of back-end margin — or we don’t do it.

Executive Team: Management Team: Other Key Advisors: Rey Grabato Byron Cartozian John Farina President & CEO Sr. Project Manager General Contractor – Construction NRIA U.S. Construction Vincent Scutaro Coley O’Brien Sr. Project Manager Rich Radici Managing Partner General Contractor – Construction NRIA Capital Group, LLC Brian Harrington DMR Construction Sr. Project Manager Mario Echevarria Glenn A. La Mattina A.J. Scutaro General Contractor – Construction Sr. VP of National Project Sr. Project Manager Development, NRIA Echevarria Industries Nishant Siwal Mike Burke Art Scutaro VP / Project Manager – Property Management Vice President & Advisor India Division NRIA Premier Access Management Mario Damiao Rich Stabile VP / Project Manager – NRIA SVP/Construction Brazil Division Management & Site Procurement

National Realty Investment Advisors 1325 Paterson Plank Road, 2nd Floor, Secaucus, New Jersey 07094 Tel. 201.210.2727