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$500,000* in a first-rate American Public Charter School project. The investment will take the form of a secured loan made to Team Contracting, Inc., an experienced successful developer of multiple charter schools in the state of Florida .Once built, the project will be managed and operated by Academir Charter Schools, Inc.
In the form of a subsidy per student, Academir Charter Schools, Inc. will receive a source of steady income from local and state governments to cover for the school operating costs. As they do for all public schools across the state, the government will remain responsible of overseeing the financial and academic performance of the school.
Description and Location of the School
Academir Preparatory Academy Charter School is located at 12400 Hainlin Mill Drive, Miami in Florida. It is being built to accommodate 650 additional students from K to 8th grades. The project will commence construction in late 2017 for a project delivery in August 2018.
* Plus management and legal fees
Project Financials Overview:
- Total estimated cost
5.5 Million US$
- Number of investors:
- EB-5 Visa's Job Creation Requirement:
173 jobs (reached 92.2% exceeding)
- Capacity of 650 students
Amount: 500,000 US$
Management Fees: 55,000 US$ (excluding Legal fees & Application fees)