EB-5 projects and EB5 regional centers in Louisiana

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EB-5 MARKET IN LOUISIANA: Louisiana has a fairly significant EB-5 market. As of September 2022, Louisiana has 15 approved regional centers listed by USCIS.

STATE ECONOMY: Louisiana, known as the Pelican State, Bayou State and Creole State is the 25th most populous state in the U.S. and 19th smallest by area. Louisiana’s gross domestic product was $263.85 billion in 2019, according to U.S. Bureau of Economic Analysis. The main industries include agriculture, commercial fishing, oil, natural gas, chemicals and tourism.

POPULATION OF LOUISIANA: The U.S. Census Bureau data shows the population in Louisiana at about 4.64 million. 62.9% of the state’s residents identify as white, 32.7% Black or African American, 5.2% Hispanic or Latino and 1.8% Asian. English is the predominant language, but some people also speak French, French Creole, Spanish and Vietnamese.

IMMIGRATION SITUATION: Louisiana has a small immigrant community. American Immigration Council estimates that 4% of Louisiana’s residents were immigrants, and more than 9% of self-employed business owners were immigrants who generated $395.4 billion in total annual revenue. The majority of immigrants come from Mexico, Honduras, Vietnam, India and Cuba.

COMPLETED EB-5 PROJECTS IN LOUISIANA:

Jung Hotel in New Orleans reportedly used $60 million in EB-5 funds from 120 investors, according Pathways EB-5.

Days Inn hotel in New Orleans reportedly used EB-5 funds, according to New Orleans & Gulf Coast Regional Center.

Staybridge Suites in Lake Charles reportedly used EB-5 funds, according to LD Capital Bridge to USA.

RURAL TEA COUNTIES IN LOUISIANA:

Allen
Assumption
Avoyelles
Beauregard
Bienville
Caldwell
Cameron
Catahoula
Claiborne
Concordia
East Carroll
Evangeline
Franklin
Jackson
Jefferson Davis
La Salle
Lincoln
Madison
Morehouse
Natchitoches
Red River
Richland
Sabine
St. Landry
St. Mary
Tensas
Vernon
Washington
West Carroll
Winn