The Carolina Center for Foreign Investment deploys immigrant investor capital into statewide projects that meet program criteria, including job creation in Targeted Employment Areas (TEA), to promote job growth, spotlighting sustainable LEED® certified development opportunities across South Carolina. CCFI primarily focuses on the following six target industries:

1. Technology
2. Health Services
3. Tourism and Hospitality
4. Manufacturing and Trade
5. Automotive Research
6. Mixed- use development: hotel, retail, office and residential space

A limited partnership combines corporate limited liability with partnership taxation. The limited partnership, formed by filing a charter with a state government, consists of a general partner and one or more limited partners. The charter details the rights and powers of the limited and general partners, percentages of ownership, and distributions of profits. The general partner manages the business.

The limited partners are passive investors liable only for the value of their investment. The limited partnership income is taxed at the partner level, not at the entity level.

The Certificate of Limited Partnership must be recorded with the State of South Carolina as a public record. The Certificate refers to a Schedule A of the limited partnership agreement, which lists the names and percentage interests of the limited partners. The deed for the investment property is held in the name of the limited partnership. The deed is also of public record. This means the property cannot be sold, mortgaged or altered without complying with the terms of the limited partnership agreement.

No. The law requires an "at risk" investment without guarantees or redemption rights.

As in any investment there is a risk of total loss. By U.S. regulations, all funds must be put at risk. All investors are provided with sound references to permit independent verification of the information contained in the investment prospectus.

Yes. CCFI urges prospective foreign investors to please consult their own financial advisors for advice on investing through this program.

Investment companies and designated Regional Centers accept EB-5 investors by placing funds in a trust or escrow account pending I-526 Petition approval. The funds may only be released upon approval of I-526 Petition unless otherwise agreed upon in the Offering Memorandum.

Yes, provided that any applicable gift taxes are paid. It must be demonstrated that the gift is an actual arms length transaction and is a not a mere ruse or that the gifted funds will be given back after permanent resident status is granted.

The most common problem area has been insufficient documentation of the source of funds. Many people try to disclose the least possible information only to have the file returned with a request for further information. It is better to provide too much information rather than too little information. In this era of terror alerts, and suspicions about money laundering, USCIS case examiners require a well-documented source of funds.

Definitely! CCFI looks forward to coordinating your visit anytime.

EB-5 Program regulations and USCIS rulings require all EB-5 investments be “at risk.” As outlined in the Confidential Investment Memorandum, each investment is specific to its risk reward analysis and pro forma analysis. While CCFI cannot guarantee a specific rate of return, CCFI believes it can achieve results consistent with or exceed those of other Regional Centers.

CCFI will invest in real estate development projects that it expects can be profitably liquidated, sold or refinanced within a 3-5 year period. The exact strategy used to exit each project investment will be determined based on then available options that, in the opinion of the Manager, will produce the highest risk adjusted returns to CCFI and its investors.

There are numerous exit strategies available to the Fund to provide investment liquidity, including;

• Outright sale of the property to another public or private investor;
• Non-recourse leveraged refinancing of the property and distribution to investors of the excess proceeds as "return of capital;
• Sale of the Fund’s interest to a third party investor, including another GCMA managed fund, or co-investor or co-developer;
• Tax-free exchange or swap;
• Listing the Fund as a REIT on a public or private exchange and exchanging Membership Units in the Fund for its newly issued exchange listed shares.