EB-5 projects and EB-5 regional centers in Montana
EB-5 MARKET IN MONTANA
Montana has a small EB-5 market for investors with some opportunities. As of May 2020, Montana has four approved regional centers listed by USCIS.
STATE ECONOMY
Montana, known as Big Sky Country and The Treasure State, is the eight least populous state in the U.S. and fourth-largest by area. Its real GDP is about $52 billion. The main industries are agriculture, including ranching and cereal grain farming, oil, health care, government and tourism. Beer microbreweries are also big in Montana.
POPULATION OF MONTANA
The U.S. Census Bureau data shows the population in Montana at about 1.06 million. Almost 90% of the state’s residents identify as white, 4% Hispanic or Latino, 0.9% Asian and 0.6% Black or African American. English is the official language. A small percentage of the population speaks Spanish and German.
IMMIGRATION SITUATION
Montana’s immigration community is small. The American Immigration Council estimates that more than 2% of residents are immigrants, and more than 3% of self-employed business owners are immigrants. The majority of immigrants come from Canada, Mexico, Germany, England and Korea.
COMPLETED EB-5 PROJECT IN MONTANA
Sawyer Student Living apartment complex at the University of Montanan used about $8 million of EB-5 funds, according to Northern Rockies Regional Center. The project opened in 2019.
Polleys Square, a 20-unit condominium that opened in 2016 in Old Sawmill District in Missoula, is reportedly Montana’s first real estate development that involved EB-5 funds, according to media. It is cited that $23 million of foreign investments was used in Old Sawmill District projects.
RURAL TEA COUNTIES IN MONTANA:
- Beaverhead County
Big Horn County
Blaine County
Broadwater County
Carter County
Chouteau County
Custer County
Daniels County
Dawson County
Deer Lodge County
Fallon County
Fergus County
Flathead County, except for Kalispell city
GallaAn County, except for Bozeman city
Garfield County
Glacier County
Golden Valley County
Granite County
Hill County
Jefferson County
Judith Basin County
Lake County
Lewis and Clark County, except for Helena city
Liberty County
Lincoln County
McCone County
Madison County
Meagher County
Mineral County
Musselshell County
Park County
Petroleum County
Phillips County
Pondera County
Powder River County
Powell County
Prairie County
Ravalli County
Richland County
Roosevelt County
Rosebud County
Sanders County
Sheridan County
Silver Bow County, except for BuMe-Silver Bow
Sweet Grass County
Teton County
Toole County
Treasure County
Valley County
Wheatland County
Wibaux County
INTERACTIVE MAP OF RURAL TEA COUNTIES
APPROVED EB-5 REGIONAL CENTERS IN MONTANA
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Northern Rockies Regional Center
ID1033650027
101 International Drive
Missoula, MT 59808-1549
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Pacific Northwest EB-5 Regional Center
ID1034750117
921 Cornwall Ave.
Bellingham, WA 98225
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Smith Western Regional Center (former name Western Pacific Regional Center)
ID1418251794
9500 Roosevelt Way N.E. Suite 300
Seattle, WA 98115