CanAm’s Sora West Office EB-5 Project Receives First I-526 Petition Approval by USCIS

On the heels of the recent news that our Sora West Office EB-5 Project received Form I-924 exemplar approval on September 3rd, CanAm is very pleased to announce that USCIS approved the first investor I-526 Petition less than three weeks later on September 21st, 2020.

The $39.5 million EB-5 loan is being utilized for the construction of a new office tower at SORA West, a large-scale multi-faceted development in the center of Conshohocken, PA, just outside of Philadelphia. The office tower will be fully leased to AmerisourceBergen (NYSE: ABC), the global pharmaceutical and healthcare products distribution company and serve as the global headquarters for the Fortune 10 company. AmerisourceBergen will begin a phased takeover of the space beginning in January and the project will be fully complete in mid-2021. Given its position in the medical supply industry, AmerisourceBergen has performed well economically during the current environment brought about by the COVID-19 virus.

“The keys to an I-526 Petition approval are well-documented legal source and path of investment funds, and a qualifying investment project that complies with EB-5 laws and regulations,” commented Walter Gindin, Esq., Director of Legal Affairs at CanAm Enterprises. “The I-526 Petition approval further validates the EB-5 project’s feasibility and anticipated satisfaction of the job creation requirement by USCIS. We look forward to more I-526 Petition approvals to come.”

To date, over 4,800 investor-families have received I-526 approvals through investing in one of CanAm’s 60 EB-5 projects. Prospective investors pursuing permanent residency in the United States are invited to read  CanAm’s EB-5 Program Overview  and  inquire about the EB-5 Visa options.

About CanAm Enterprises 

With three decades of experience promoting immigration-linked investments in the United States and Canada, CanAm has a long and established track record. Basing its business on a reputation of credibility and trust, CanAm has financed over 60 projects and raised $3 billion in EB-5 investments. More than $1.75 billion in EB-5 capital from over 3,500 families has been repaid by CanAm to date. CanAm exclusively operates seven USCIS-designated regional centers that are located in the city of Philadelphia, the Commonwealth of Pennsylvania, the metropolitan regions of New York & New Jersey, the states of California, Hawaii, Florida, and Texas. For more information, please visit www.canamenterprises.com.

2021-09-09T15:36:28+00:00

Privacy Notice:

CanAm Investor Services, LLC (CAIS) protects the confidentiality and security of information we collect about our customers. We will not share nonpublic personal information about you with third parties, except for the specific purposes described below. We limit the collection and use of information to the minimum we require to deliver our services to you. We obtain information directly from you when you apply for participation as a Limited Partner in an immigration-linked fund offered by CAIS – whether in person, by telephone or electronically. Our employees are required to protect the confidentiality of your information and to comply with our established policies. We maintain physical, electronic and procedural safeguards to protect your information. We may disclose any kind of your information when we believe it necessary for the conduct of our business, or when disclosure is required by law. To satisfy U.S. banking laws, the financial information provided may be shared with Signature Bank, the Escrow Agent for the Fund. Except in those limited situations, we will not make any disclosure of your information to other companies that may want to sell their products or services to you. Our Privacy Policy will apply even if you are no longer an investor associated with our firm.

Disclaimer: CAIS’s website is limited to the dissemination of general information regarding its investment advisory services to United States residents residing in states where providing such information is not prohibited by applicable law. Accordingly, the publication of CAIS’s website on the Internet should not be construed by any consumer and/or prospective client as CAIS’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. CAIS does not provide tax or legal advice. You should contact your tax advisor and/or attorney before making any decisions with tax or legal implications. CAIS does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to CAIS’s website or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly. Past performance is no guarantee of future results. Any subsequent, direct communication by CAIS with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

© Copyright 2012 -     |   All Rights Reserved