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EB-5 projects and EB-5 regional centers in Alabama

EB-5 MARKET IN ALABAMA: Alabama has a somewhat significant EB-5 market. As of May 2020, Alabama has 14 approved regional centers listed by USCIS.

STATE ECONOMY: Alabama, known as The Yellowhammer State, The Heart of Dixie and The Cotton State, is the 24th most populous state in the U.S. and 30th largest by area. Alabama’s GDP is about $204.8 billion, according to the Bureau of Economic Analysis. The main industries are automotive, chemical, technology, forestry, aeronautics.

POPULATION OF ALABAMA: The U.S. Census Bureau data shows the population in Alabama at about 4.9 million. Almost 70% of the state’s residents identify as white, 26.8% Black or African American, 4.4% Hispanic or Latino and 1.5% Asian. Most residents in Alabama speak primarily English. A small percentage of population speaks Spanish.

IMMIGRATION SITUATION: Alabama has a small immigrant population. The American Immigration Council estimates that 3.5% of Alabama residents were immigrants, and more than 5% self-employed business owners were immigrants who generated about $1.79 billion in total annual revenue. The majority of immigrants come from Mexico, Guatemala, India, Korea and Germany.

COMPLETED EB-5 PROJECTS IN ALABAMA

An expansion of Princeton Baptist Medical Center in Birmingham, which included 16 new surgery suites and a two-story chapel was paid for in part with $25 million from 50 EB-5 investors, according to Sunbelt EB-5 Regional Center.

Country Living Senior Center in Foley was funded in part by money from EB-5 investors, according to media reports.

Automotive parts manufacturer, Ajin USA, used EB-5 funds to help with construction of a new production line in its manufacturing facility in Chambers County, according to Southeast Regional Center.

RURAL TEA COUNTIES IN ALABAMA:

  • Barbour County
    Bullock County
    Butler County
    Chambers County
    Cherokee County
    Choctaw County
    Clarke County
    Clay County
    Cleburne County
    Coffee County except for Enterprise City
    Conecuh County
    Coosa County
    Covington County
    Crenshaw County
    Cullman County
    Dale County except for Enterprise City
    Dallas County
    DeKalb County
    Escambia County
  • Fayette County
    Franklin County
    Jackson County
    Lamar County
    Macon County
    Marengo County
    Marion County
    Marshall County except for Albertville City
    Monroe County
    Perry County
    Pike County
    Randolph County
    Sumter County
    Talladega County except for Oxford city
    Tallapoosa County
    Walker County
    Wilcox County
    Winston County

INTERACTIVE RURAL TEA MAP

EB-5 Map

APPROVED EB-5 REGIONAL CENTERS IN ALABAMA: