In 2010, SRC was approved by the United States Citizenship and Immigration Services (USCIS) as a Regional Center under the EB-5 Immigrant Investor Program. An EB-5 regional center is an entity that has been approved by the USCIS under the EB-5 Program as an economic unit, public or private, engaged in the promotion of economic growth, improved regional productivity, job creation, and increased capital investment in the United States. Through years of experiences, we have developed comprehensive and successful approach to EB-5 Program. Our projects stimulate the economy while offering eligible foreign investors the chance to secure legitimate, permanent residency in the United States.
SRC serves geographic areas in Alabama and Georgia. Alabama is located in one of the fastest growing automotive regions in North America, which is known as the “Southeastern Automotive Corridor”. This region is home to world class automotive brands like Mercedes-Benz, Hyundai, Kia, Honda, Toyota.
Our mission is to achieve investors’ goals by delivering superior EB-5 investment projects and smooth immigration process. We are a team of professionals with expertise in investment, finance and immigration. As an independent third party, we represent the interests of our investors by identifying solid projects, negotiating reasonable terms with borrowers, overseeing the use of investment funds and making sure that the funds are used in a manner compliant with EB-5 policies.
One industry we focused on is auto manufacturing. We worked with leading global auto manufacturers located in Alabama and brought EB-5 investments into this sector that very much needed economic stimulus, development and job creation to fulfill the goals of the EB-5 program.
In addition to auto manufacturing projects, we actively seek various types of investment opportunities to diversify our portfolio. We evaluate these projects by conducting thorough due diligence to make them EB-5 compliant and financially solid. With our expertise and resources, we will introduce our investors to projects that maximize job creation, financial strength, security and accountability.
SRC is a team of dedicated attorneys, bankers, and EB-5 specialists. These experts collaborate to ensure investment security and maximize immigration success.
Mr. Choi is the president and CEO of SRC. He is responsible for selecting, structuring, and managing projects and overseeing fundraising. He has successfully raised over $ 50 million through the EB-5 program and has led SRC in providing maximum financial and immigration success to its investors. Mr. Choi has over 20 years of experience in developing and managing investments for high-net-worth individuals and institutions.
Mr. Choi’s career also includes extensive experience with investment banking, securities, mergers and acquisitions. He has worked with JP Morgan Securities, Inc., Rabobank Nederland, and CIBC Wood Gundy before founding his own company. During this time, his duties included valuation, execution, and originating various M&A projects, private placements, and syndicated loan financings.
Mr. Choi has transactional experience covering financing projects of more than $5 billion in aggregate transaction amounts. Mr. Choi is a graduate of New York University, Leonard N. Stern School of Business.
As SRC Board Advisor for EB-5, Mr. Berez provides SRC and its projects and investors with expert assistance and support to ensure full and complete EB-5 eligibility and compliance on all SRC activities, matters, and services related to the EB-5 Immigrant Investor Program.
Prior to joining SRC, Mr. Berez has had a distinguished career and record of accomplishment in a U.S. Federal Government career spanning over 35 years.
For almost ten years prior to his retirement from USCIS, Mr. Berez was the USCIS Headquarters EB-5 Program Manager and Chief Adjudications Officer in charge of the EB-5 Immigrant Investor Program. Mr. Berez was instrumental in restoring and leading the EB-5 immigrant investor program from being a very small struggling program at the end of 2000 to establishing a process and foundation that has enabled it to flourish and grow to what it has become, generating as much as a billion dollars per year of aggregate EB-5 immigrant investment capital into the U.S. economy, and creating thousands of jobs for American workers throughout the U.S.
Mr. Berez, as an expert on EB-5 regional center and EB-5 investor eligibility matters, has provided expert EB-5 guidance services to immigration law firms and regional centers, and assisted and consulted on actions involving hundreds of I-924, I-526, and I-829 applications and petitions, RFEs, Intent to Deny (ITD) Denial actions, Motions to Reopen/Reconsider (MTRs) and successful cases of EB-5 Federal Court litigation in achieving favorable outcomes for attorneys, regional centers, and EB-5 immigrant investors.
Evans, Carroll, & Associates, Inc.
Evans, Carroll & Associates (“ECA” formerly Evans Economics) is the leading firm providing economic forecasting and consulting to clients since 1981. ECA uses the most accurate macroeconomic forecast models known today to calculate the employment or output multipliers for our EB-5 projects. ECA specializes in providing the underlying economic analysis for EB-5 programs, determining the number of total permanent new jobs that will be created by new projects funded by foreign investors in EB-5 regional centers, and has become the leading firm offering this type of analysis.
Vermilion Consulting helps varied organizations in the public and private sectors leverage the benefits of the federally-mandated Immigrant Investor Program (EB-5). Vermilion provides expert advice on project feasibility, EB-5 compliant structure, job creation methodology, and targeted employment area (TEA) analysis. Interests and skills include putting the right people and organizations in touch with each other, finding novel solutions to difficult issues, and working within a team framework to address problems.
Due Diligence & Legal Consultants
Cherylle C. Corpuz, Esq.
Of Counsel to SRC
Cherylle C. Corpuz focuses her practice on immigration and nationality law. She is a leader in the immigration field, having spent more than 25 years counseling a broad range of individual and institutional clients on immigration matters. Ms. Corpuz has extensive experiences in representing EB-5 investors. Her experience includes investments in the following industry sectors: Real Estate Development, Automobile Manufacturing, Energy, Plastic Recycling, Hospitality, Restaurants, and IT. Ms. Corpuz is also experienced in refugee resettlement, and providing counseling in immigration matters and representation to individuals as well as business, hospitals, social service agencies, and criminal defense firms.
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
Mr. Divine has extensive experience serving clients throughout the world in the arrangement of all types of business-based temporary and permanent immigration status. He represents many business developers in creating and managing EB-5 Regional Centers. He is the elected Vice President of the national industry association of "EB-5" Regional Centers, Association to Invest in USA (IIUSA). He represents developers similarly using other parties' Regional Centers. He coordinates this work with attorneys supporting securities law compliance in offerings to investors, with economists identifying "targeted employment areas" and projecting indirect job creation, with licensed securities brokers coordinating offerings, and with attorneys obtaining U.S. Government (OFAC) licenses to serve investors from restricted countries. He also represents individual investors in obtaining conditional permanent residence and in removing conditions from permanent residence.
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
Jackie G. Prester offers extensive corporate, regulatory and securities experience to financial institutions, public company clients, and broker-dealers and investment advisers. She served as Adjunct Professor in Securities Regulation at Cecil C. Humphreys School of Law, was repeatedly recognized by Best Lawyers, Lawyer of the Year and Super Lawyers, and graduated with highest honors from the University of Memphis Law School.
John Pratt, Esq.
Kurzban Kurzban Weinger Tetzeli and Pratt P.A.
Mr. Pratt is a Partner at Kurzban Kurzban Weinger Tetzeli and Pratt P.A., a top Florida law firm with a nationwide and international reputation for aggressive advocacy and exceptional results in diverse matters such as immigration solutions and business and commercial consulting, civil litigation and appeals. Mr. Pratt concentrates in all areas of immigration and nationality law, including employment based immigrant and nonimmigrant petitions, deportation or removal, and federal court litigation.
PROJECTSSoutheast Regional Center, LLC