U.S. Territory EB5 - Economic Development Initiative
2025 - 2035
U.S. Territory Municipal Bond Repayment & Economic Development Plan 2025 - 2035
Market Perspective: U.S. Territories are facing challenges such as contracting economies, declining tourism, inflation, cost of power, and substantial municipal bond debt. In 2022, Puerto Rico defaulted on $ 70.0 billion in general purpose bond obligations, leading to an 50 % loss for bondholders.
Market Solution: We propose selling 10,000 U.S. Permanent Resident Cards (EB5 Green Cards) to PAY OFF $50.0 billion in U.S. Territory-Commonwealth bond debt in ten years or less.
Ten Year Funding Plan:
- Repay $ 50.0 billion in U.S. Territory bond debt.
- Fund $ 7.5 billion in economic development projects.
- Return $ 85.0 billion to the U.S. Treasury.
- Relocate 100,000 international companies to U.S. Territories.
Market Detail:
- Territories & Commonweath: USVI, Puerto Rico, Guam, CNMI, America Samoa.
- Municipal bond debt: $ 50 billion via five islands.
- Pension debt: $60 billion (1.8 million people).
- Unfunded infrastructure repair (Billions).
- Population: 3.5 million via five islands.
- Approximately $ 2.0 billion annual loss - subsidized by the U.S. Treasury.
- U.S. Territories and COFA do not pay into the U.S. income tax system.
Next Step - Territory EB5 Pilot Project
U.S. Territories: USVI, Puerto Rico, Guam, CNMI and American Samoa.
Pilot & Proposed Development Partners:
Pilot Partner: One U.S. Territory.
Pilot Partners: U.S. Insular Office.
Pilot Partners: U.S. Commerce Office.
Pilot Partners: U.S. Immigration Office.
Pilot Partners: 10 U.S. Embassies.
Pilot Offices: 15 Sales & Marketing offices.
Pilot Project Details:
1. Select a U.S. Territory as a partner.
2. Term: Two-year pilot.
3. Green Cards: 1,000 green cards (GC) per year.
4. Green Card Cost: $ 1.0 million per person.
5. Gross Sales: $ 1.0 billion annually per 1,000 GC.
6. Operating Cost/15 Countries: $ 300.0 million per 1,000 GC.
7. Program Income: $ 700.0 million per 1,000 GC.
8. Territory Relocations: 500 to 1,000 companies annually.
9. Territory Employment: 1,500 to 3,000 jobs annually.
10. Relocation Spending: $ 300.0 to $ 600.0 million annually.
11. Immigration Office: On island office to process applications.