Project Overview

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 Country Palm Holdings, LLC. Once built, the project will be managed and operated by Somerset Academy, Inc., which is a not-for-profit corporation and owned by Academica.

Financing

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 all 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 expansion of our prior Phase 44, named Somerset Academy at Silver Palms, is located at 12425 SW 248 Street, Homestead, Florida. Already in operation, it serves additional grades 6-8 and will allow an additional 640 students to enroll. The Project is scheduled to be completed in August 2020.

* plus management and legal fees