Golden Gate Global (GGG) is proud to announce that the Anasu Resort Phase 1A EB-5 Rural Project has received approval for its first investor’s I-526E petition from the United States Citizenship and Immigration Services (USCIS). The investor submitted the I-526E Form for a conditional green card in early February 2024 and received approval for the application just before Christmas 2024. The I-526E application approval by USCIS took only 10 months.
This approval marks a significant milestone in the EB-5 immigration process, granting investors and their families conditional green cards. Receiving a conditional green card is an essential step for EB-5 investors, enabling them to live and work anywhere in the United States. Investors subsequently become eligible to file for the removal of conditions on their green cards approximately 30 months after obtaining conditional residency. Learn more about the EB-5 visa process and timelines.
"Golden Gate Global is committed to supporting our investors in achieving their immigration goals and building a secure future in the United States. We are thrilled to see the first I-526E petition approval for the Anasu Resort Phase 1A project," said Mark Jorgensen, Co-CEO at GGG.
The Anasu Resort Phase 1A includes the construction of a 40-key five-star hotel, 164 residential lots, and a residence club. This generational luxury resort and master-planned community is located on approximately 22,000 acres of wholly-owned land in California’s wine country, an area long established as a premier wine, food, and event destination.
The EB-5 project qualifies for the EB-5 program’s 20% rural visa set-aside, which offers investors priority visa processing and current priority dates for all countries. The minimum required investment amount is $800,000. For this offering, investors have a 80%+ job creation cushion and a short 2-year EB-5 loan term with two 1-year extensions (2+1+1).
The Anasu project is currently available for subscription to EB-5 Investors. Learn more about the project: https://www.3gfund.com/eb-5-projects/anasu-resort-phase-1a/