New Delhi, April, 2017:LCR Capital Partnersis raising $200 MM forThe Surf Club Four Seasons Hotel & Residenceslocated in Miami, Florida. LCR Capital is working with Indians and investors from other countries to raise this capital through the EB-5 Immigrant Investor Green Card Program. According to Forbes magazine,the hotel is considered the most anticipated luxury hotel opening of 2017.
Speaking on the new investment and job creation opportunity through the EB-5 visa program,Suresh Rajan, CEO and Founder,LCR Capital Partnerssaid, “The Surf Club is one of the most iconic U.S. beach landmarks with a rich history. The nearly billion dollar project was designed by award winning architect, Richard Meier, and is expected to createseveral thousand jobs.”
The EB-5 Visa Program has witnessed a steady growth in Indian applicants.Currently LCR is working with more than 150 clients globally on their EB-5 requirements, with more than 50 from India. The EB-5 program requires an investment of $500,000 in an US entity that will create at least 10 fulltime jobs. The program helps stimulate the growth of the US economy and leads to job creation. An EB-5 immigrant visa holder facilitates the creation of new jobs by way of their significant investment in a new American business.
About the project
Situated on 900 feet of pristine white sand beach, Four Seasons Hotel at The Surf Club, Surfside, Florida is the sophisticated epicenter of this exclusive enclave in the North Beach area of Miami. With Collins Avenue outside the front door, prestigious BalHarbour shopping nearby and the nightlife of South Beach and Miami just a short drive away, Four Seasons offers a serene and luxurious getaway. It isa modern architectural marvel set amid nine acres of lush tropical gardens and gentle surf shaded by majestic palms.
“The Surf Club is rich with fascinating stories, and now, we are re-imagining Miami’s nostalgic past with the beach lifestyle for today’s sophisticated traveller,” says General Manager Reed Kandalaft. “Four Seasons Hotel at The Surf Club promises memorable holidays, preserving and respecting the legacy of the club while adding new elements and our legendary Four Seasons service that will make the experience of staying here absolutely unparalleled.”
About LCR Capital Partners
LCR Capital Partners was founded in 2012 by first-generation U.S. immigrants who met at Harvard Business School. LCR is a U.S. private investment firm that provides growth capital to premier resort developments as well as the best performing brands in the franchise industry. Suresh Rajan, the CEO of LCR Capital, and his team are committed to providing high-net-worthinvestors the best experience for their EB-5 processing and provide quality investment projects ensuring investment safety and high assurance in securing green cards. LCR’s primary client base comes from Latin America, India, South Africa, China, and the Middle East. As a firm founded by first-generation U.S. immigrants, LCR understands and seeks to alleviate the challenges and maximize the opportunities of starting a new life in the United States.
About the EB-5 Program
The EB-5 Investor Visa Program is the fastest and most reliable way for Indian high-net-worth investors to earn a U.S. green card. The program provides U.S. green cards and permanent residency to an investor and their immediate family (all unmarried children up to age of 21) through a one-time investment of $500,000 USD into a new U.S. business that creates 10 or more American jobs.
Since most other alternatives to obtain a U.S. green card (e.g. H-1B, EB-2, EB-3) involve long waiting times and cumbersome processes, LCR’s clients are increasingly taking advantage of the EB-5 visa’s multiple benefits including high approval rates, relatively quick processing times and a competitive return.