The GCRC is managed by a team of real estate and finance professionals under the guidance and advice of a Board of Advisors that include a team of distinguished business, political and community leaders. The Regional Center manages and administers real estate development, finance, marketing, legal and accounting functions to meet the operating standards of a USCIS approved Regional Center.
On December 4, 2013, Global City Regional Center, LLC (GCRC) received its designation as a United States Citizenship and Immigration Services (USCIS) approved Regional Center pursuant to 8 C.F.R. § 204.6(m)(3). Initially, GCRC will focus its activities on the four-county region surrounding the Philadelphia, Pennsylvania and two counties in southern New Jersey. As a regional center, GCRC will promote economic growth, improved regional productivity, job creation, and increased domestic capital investment within the proposed region by facilitating foreign investment through the EB-5 Immigrant Investor Visa Program of the USCIS. The funds from qualifying foreign investors will be used in job creating projects within GCRC’s proposed target industry clusters.
Global City Regional Center, LLC is a Regional Center designated by the United States Citizenship and Immigration Services (USCIS) to raise, invest and manage a fund through the Immigrant Investment Program (EB-5 Program).
GCRC will distinguish itself as the only regional center in the southeastern Pennsylvania/southern New Jersey that will seek diversified portfolio of job creating domestic real estate investment opportunities in community and economic development, not just public works projects. In addition, being affiliated with JNA Capital, Inc., a real estate development firm with proven record of development projects in the region and a renowned community partner Philadelphia Chinatown Development Corporation (PCDC), GCRC will have a robust deal flow of qualifying investments to offer its investors.