Foreign investors seeking a direct route to the United States of America via the EB-5 immigrant investor program are offered a unique opportunity to invest as little as US$500,000* in a first-rate American Public Charter School project. The investment will take the form of a secured loan made to Cameron Avenue Charter Property, LLC. Once built, the project will be managed and operated by Galileo School for Gifted Learning, Inc. which is a not-for-profit corporation that provides high-quality nurturing and learning environments for early childhood and elementary school students.
In the form of a subsidy per student, the operator will receive a source of steady income from local and state governments to cover for the school operating costs. As they do for all public schools across the state, the government will remain responsible of overseeing the financial and academic performance of the school.
Description and Location of the School
The new public charter school named Galileo School for Gifted Learning will be constructed at East Lake Mary Blvd., Sanford, Florida. Once completed, it will serve grades K-8 and accommodate up to 776 students. The Project will be delivered in August 2019.
* Plus management and legal fees
Project Financials Overview:
- Total estimated cost:
21.3 Million US$
- Grade "A" School
- Capacity of 776 students
- 28 EB-5 investors sought
- EB-5 Visa's Job Creation Requirement:
347 jobs (reached 23.9% exceeding)
- School currently in operation
Amount: 500,000 US$
Management Fees: 55,000 US$ (excluding Legal fees & Application fees)