DEMO (Full) – IRIS GARDEN – INVESTMENT FOR IMMIGRATION

EB-5 INVESTMENT PROGRAM UPDATE

On March 15, 2022, the United States Congress passed the EB-5 Reform and Integrity Act of 2022 (RIA), introducing significant and necessary changes to the EB-5 Immigrant Investor Program.

The new legislation allows authorized Regional Centers to resume operations and begin accepting new investors. The RIA is designed to improve the efficiency, transparency, and security of the EB-5 program for both investors and the projects they invest in.

The EB-5 Program has long been an important source of investment capital and job creation throughout the United States. The RIA builds on this legacy by ensuring the program operates with the highest standards of integrity and transparency.

The passage of the Reform and Integrity Act marks a major milestone for the EB-5 program and Regional Centers nationwide. Approved Regional Centers can once again offer qualified investment opportunities to foreign investors, leading to job creation and economic growth across U.S. communities. The reauthorization provides investors with access to high-quality projects that meet the strict requirements of the EB-5 program.

HOUSTON ECONOMIC OVERVIEW

Houston, Texas has experienced significant economic growth over the past decade. The city’s economy is driven by a strong energy sector, particularly oil and natural gas production, as well as growth in healthcare, manufacturing, and technology industries.

This growth has resulted in rising employment levels and population expansion, making Houston one of the fastest-growing cities in the United States. Despite challenges such as the COVID-19 pandemic and fluctuations in the energy market, Houston’s economy has remained resilient and continues to show strong future growth potential.

Over the past decade, Houston’s population has increased by more than 700,000 people, making it the fourth most populous city in the United States. This population growth has significantly increased demand for housing, leading to a robust real estate market. Home values in Houston have increased by an average of 33% since 2011, making the city an attractive destination for real estate investors and homebuyers.

INDUSTRY DISTRIBUTION

• Mining & Resources: 4%
• Manufacturing: 11%
• Information: 2%
• Professional Services: 16%
• Entertainment & Tourism: 9%
• Construction: 9%
• Trade, Transportation & Utilities: 16%
• Financial Activities: 7%
• Education & Health Services: 13%
• Other Services: 5%

PROJECT OVERVIEW

Iris Garden

Iris Garden is a prestigious real estate development consisting of six (6) luxury residences located near the vibrant urban center of Houston.

The project is currently under development and is designed to offer a refined lifestyle with modern comfort and convenience in one of Houston’s rapidly growing areas.

Its strategic location provides homeowners with easy access to Houston’s commercial hubs while ensuring convenient transportation for business, daily commuting, and leisure activities.

Upon completion, Iris Garden is expected to become a boutique residential community offering elegance, exclusivity, and elevated living standards for discerning homeowners.

PROJECT ADDRESS

4506 Rawley Street
Houston, Texas

PROJECT LOCATION

5 minutes to Downtown Houston 5 minutes to Texas Medical Center 25 minutes to George Bush Intercontinental Airport 25 minutes to Bellaire Asian District 25 minutes to Katy Asian District

PROJECT INFORMATION

Lifestyle: Luxury, high-end urban living
Property Type: Single-family homes
Land Area: 930 m²
Total Units: 6 residences
Unit Size: 186 m² per residence

JOB CREATION REQUIREMENT

The EB-5 Reform and Integrity Act requires each investor to create a minimum of 10 jobs.