As managing director of Nysa USA and a business development executive with Edgewater Capital, Mark Hesemann draws on an in-depth knowledge of the U.S. Immigrant Investor (EB-5) program. Mark Hesemann has financed a number of properties, including a resort hotel in Michigan, using the EB-5 program.
Developed and administered by the U.S. Department of Homeland Security’s Citizenship and Immigration Services (USCIS) department, the Immigrant Investor program strives to generate jobs and capital by encouraging the influx of foreign investors. The program first became active in 1992 and since that time has supported the establishment of numerous commercial enterprises. The program offers permanent residence status to those foreign nationals who establish or support the establishment of a qualifying enterprise.
To be eligible for the program, a foreign national must invest a minimum of $1 million, or $500,000 in certain qualifying areas. All investments must support a minimum of 10 jobs. Job creation must be direct in the case of direct investments, although investors in approved regional centers may count indirect jobs. Furthermore, those investors who generate capital for troubled businesses may count jobs that the investment has directly preserved.