Chicago-Rockford Hilton EB-5 Updates - Q4 2020
The Chicago-Rockford Hilton Embassy Suites Hotel & Conference Center has created more than 800 jobs thus far, 200 more than required by USCIS for the I-829 approvals of the 60 EB-5 investors in the project. The project has maintained a 100% I-526 approval track record, and the first EB-5 investors in the project have already received their conditional US green cards and are now preparing to file their I-829 applications.
In terms of hotel operations, there is no denying that it has been a rough stretch for the hotel industry worldwide. Luckily, the Chicago-Rockford Hilton has been able to weather the storm, as the construction came in well under budget, thus leaving a healthy operations reserve to allow the hotel to continue operating as normal even with lower occupancy during the Covid pandemic. By strictly following Covid safety and sanitation protocals, the hotel has still been able to accommodate a number of events, such as the wedding for the lovely couple shown on the cover photo.
Guest reviews of the hotel have been very positive, with Google reviewers giving the hotel a rating of 4.6 out of 5 on over 85 reviews! See some of the reviews below:
Guests love the fact that the hotel retains much of the historical elements of the original Amerock factory building, which is such an important part of Rockford’s industrial past. For years, the building sat vacant and dilapidated on the prime waterfront location in downtown Rockford. It was such an eyesore that there were even repeated calls to tear it down. Fortunately, with the developer’s and the City’s vision and determination, and with the support of over 60 EB-5 investors from over 6 different countries, the project was able to take off and deliver a win-win for the community and for the EB-5 investors who are now able to obtain US green cards for themselves and their families. If you haven’t seen the latest video capturing the transformation of the old factory building into the hotel and conference center, here it is below:
How can my family obtain a US green card through EB-5 visa program?
READ MORE about how Paraprin Capital can assist you and your family to obtain a US green cards through the EB-5 visa program. Paraprin has helped hundreds of families obtain EB-5 visa and US green cards. We are continuously putting together new EB-5 visa investment projects for our clients. CLICK HERE to read more about our latest offering.
READ MORE about how EB-5 priority dates affect the EB-5 process. Follow us on social media to stay up to date on the latest monthly advancements of EB-5 priority dates, especially EB-5 priority dates for India and EB-5 priority dates for Vietnam.
The EB-5 green card still offers the fastest and most efficient path to US permanent residency. The EB-5 cost has increased significantly to $900,000 since new EB-5 legislation was passed in 2019, but further clarification from the United States Court of Appeals allowing unsecured loans for EB-5 visa investment has made the EB-5 amount attainable for many.
