EB5 of Ohio is a local EB-5 Regional Center in Cincinnati, OH.
The EB-5 Immigrant Investor Program is a federally-sponsored investment program coordinated by the United States Citizenship and Immigration Services (USCIS). The goal of the program is to facilitate the flow of foreign investment in the U.S. economy and promote the creation of U.S. jobs.
The EB-5 program provides foreign nationals with the opportunity to become conditional residents upon making an investment of $1 million, or $500,000 if in a designated Targeted Employment Area (TEA). The investment must be in new commercial enterprise and the investment must create, directly or indirectly, ten (10) new jobs for U.S. workers. Once this requirement is met, the investor may obtain permanent residency.
EB5 of Ohio was founded by Nigerian American Chinedum Ndukwe. The son of two Nigerian immigrants, Chinedum played for the Cincinnati Bengals for 4 years, and upon retirement, launched Kingsley and Co., a real estate investment and development firm. Chinedum was attracted to the EB5 program because it creates local jobs, stimulates the local economy, is a helpful tool for immigration, and is a great resource for developers as it offers low interest financing.