- Step-by-Step Instructions
- Calculate EB5 Jobs in 2 Minutes
EB5 Job Creation Based on Construction Expenditures and Operating Revenues
- Hard Construction Expenditures
- Soft Construction Expenditures
- Operations Revenue Creation
Estimate Total EB5 Capital Allowed for Any Project Based on Job Creation
- Job Creation is Key Driver of EB5 Capital
- Estimates # of EB5 Investors Based on Project Job Creation
Estimate EB5 Job Creation for Projects in All 50 States
- EB5 Job Calculation Updates Based on Project Address
- Compare EB5 Eligible Job Creation Between Locations
Accounts for Construction Duration (+-24 months)
- Accounts for Direct / Indirect Jobs Due to Construction Duration
- Estimate Construction Period to Understand EB5 Impact by Selecting: (i) Greater than 24 Months or (ii) Less Than 24 Months
Select Multiple Operations Revenue Sources
- Determine Job Creation from Select Projected Operating Revenues
- Summary Job Creation from Multiple Revenue Streams
Job Calculator Utilizes RIMS II Data
- Vast Majority of EB5 Projects Utilize RIMS II Data
- Issued by the U.S. Bureau of Economic Analysis (BEA)
Model-Derived Jobs for EB-5 Regional Center Projects
Under the USCIS Regional Center Program, models are used to calculate total EB-5 job creation. Economists are able to analyze EB-5 project expenditures and operations revenue and show EB-5 job creation through econometric models such as RIMS II, IMPLAN, or REMI, etc. These dynamic models demonstrate different EB-5 job creation calculations based on project location, expenditure & revenue categories, and construction timeline, among others. No two projects are exactly the same so it’s important to engage experienced professionals to help accurately calculate total job creation.
Why EB-5 Construction Jobs Matter
Simply put, construction timelines lasting 24 months or longer produce more EB-5 construction jobs than those lasting less than 24 months. Direct, indirect, and induced jobs may be counted when construction lasts 24 months or longer whereas direct jobs are excluded when timelines are shorter. The ability to add direct jobs to the total job creation output can be extremely beneficial to projects and investors. In some cases, EB-5 construction job output doubles for longer construction periods which allows projects to bring on more investors, or allows for a larger cushion beyond the minimum 10 jobs per investor that USCIS currently requires.
RIMS II Industries
In their simplest form, RIMS II multipliers show (among others) how local demand affects earnings & employment in a given region. Multipliers are broken down by industry for a given region to reflect a more accurate view of local demand. For instance, $1mm spent on construction in Manhattan will have a different indirect impact on local farming than $1mm spent in Nebraska. It’s important to work with an Economist who can properly categorize project expenditures and operating revenues to enable more accurate use of RIMS II industries and their respective multipliers.
Erin delivered our report two days early and was very responsive when we needed to update it with our final construction budget. I strongly recommend her to other project developers seeking quality work at a competitive price.
We have worked with Erin on two hotel development projects by a Chinese real estate company in the New York area. We are very pleased with her reports and will continue to work with her on our future projects.
Erin is one of the hardest working individuals I have had the opportunity to work with. She has always been available during and after hours to talk through our projects and we greatly appreciate her commitment to the project and our team.
We strongly recommend Erin Osborne. Her USCIS experience and practical approach allows us to get our projects to market quickly with minimal delay and her fees are fair.
I cannot thank Erin enough for her efforts. One of our business plan writers had a question about the timing of jobs in the economic report and she made herself available to speak directly with our vendor and quickly addressed the questions.
