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ADDICTION TREATMENT PROJECTS - EXPEDITED PROCESSING POTENTIAL

Aerial view of New York City.

Multiple addiction treatment centers for the treatment of patients suffering from mental health and substance use disorders

AVAILABLE EXPEDITED EB-5 PROJECTS

Investment Amount: $800,000 — TEA QUALIFIED!

  • $800,000 investment for TEA (Targeted Employment Area) projects
  • Solid business plan – huge demand for addiction treatment with limited supply of services
  • Potential for expedited processing
Photo of East Ohio Regional Hospital.  Text on photo says East Ohio Regional Hospital.

The East Ohio Regional Hospital (aka East Ohio Hospital) located at 90 N. 4th Street in Martins Ferry, Ohio first opened in 1906. However in 2019 the owner-operator at the time was unable to run it profitably resulting in the facility having to shut down. Fortunately for the region, the hospital was purchased by a new operator, Hospital Innovations LLC (the new commercial enterprise, or “NCE”), which is controlled by Dr. John Johnson, and reopened in March 2021, once again treating patients from counties in Ohio and neighboring West Virginia.

  • Hospital is fully operational
  • New Behavior Health unit will serve addiction patients
  • Hospital is fully financed with funding from State of Ohio and developer Bridge fund (EB-5 will replace Bridge funds)
  • Previous EB-5 investors have been granted expedited processing
  • Job creation requirement already achieved – 23 jobs per investor
  • At least $9 million developer equity subordinate to EB-5
Photo of Wise Path Recovery Center - Westover.  Text on photo says Wise Path Recovery Center - Westover.

The Wise Path Recovery Center - Westover project involves the development of an addiction treatment center located at 900 Fairmont Road in Morgantown, West Virginia. The 9,984 square foot facility will provide six beds for detoxification in addition to 24 beds for residential recovery. It is scheduled to open late-2022. Renovations were recently completed and the facility is now undergoing the licensure and certification process which takes several months. The economic report estimates the creation of 100 EB5-qualified jobs, equal to 12.5 jobs created for each of the 8 EB-5 investors.

EB5investors.com cover image July 19, 2022, article by Anayat Durrani.

Expedite approval, an option for EB-5 investors to consider

The EB-5 investment program has been a reliable way to get U.S. permanent resident status for investors and their immediate family members. While the process may take time, there is a faster option. EB-5 investments considered to be in the national interest and other criteria can get expedited approval by the U.S. Citizenship and Immigration Services. Expedited approval is the fastest EB-5 processing an investor can obtain.

“An expedite has the potential to save investors years off the adjudication time of their I-526 petitions. When an investor receives an expedite, they literally are supposed to go to the front of the line,” says Matt Gordon, Chief Executive Officer, E3iG.

Read the full article on the EB5investors.com website:
https://www.eb5investors.com/blog/eb5-expedited-appoval-projects

SOLD OUT - Treatment Centers Started by Doug Leech and Steve Smith

Photo of Cheat Road Outpatient Clinic.  Text on photo says Cheat Road Outpatient Center.

The Cheat Road Outpatient Clinic is located at 2195 Cheat Road, Morgantown, West Virginia. The outpatient clinic will open late-2022 and will occupy 9,100 square feet in a 14,100 square foot building.

Photo of Mt. Morris Recovery Clinic.  Text on photo says Mt. Morris Recovery Center.

The Mt. Morris Recovery Center is located at 145 School Road, Mt. Morris, Pennsylvania. The building is 14,600 square feet and will be renovated into a short-term (30-day) residential treatment center for approximately 60 guests. Mt. Morris is scheduled to open early 2023.

Photo of Morgantown, WV clinic.  Text on photo says Morgantown - Camp Road, WV, Opening Summer 2023.

The 4-H Camp Road Recovery Center is located at 3313 4-H Camp Road in Morgantown, West Virginia, and involves the acquisition and renovation of a 6,684 square foot building. Additional space will be built to allow the facility to serve 50 guests in the Summer of 2023.

Photo of Charleston, WV clinic.  Text on photo says Charleston, West Virginia, Opening Summer 2022.

The Charleston Recovery Center is currently a vacant medical office building that will be renovated to accommodate spaces for individual therapy, group therapy and administrative offices. The address is 4701 MacCorkle Ave. S.E., Charleston, West Virginia.

Photo of Laconia clinic. Text on the photo says Laconia, NH - Now Open.

The kathy ireland® Recovery Center - Laconia is located at 745 Main Street in Laconia, New Hampshire. Laconia opened in September 2021. Please visit www.kathyirelandrecoverycenters.com.

kathy ireland® Recovery Centers - Laconia - GRAND OPENING

Photo of Williamson Memorial Hospital. Text on the photo says Williamson, WV - Opening April 2022.

The kathy ireland® Recovery Center - Williamson will be located at 859 Alderson Street, Williamson, West Virginia, on the third floor of the Williamson Memorial Hospital which was established in 1918.

The 15,000 square foot third floor will be renovated to provide space for 10 detoxification beds, 10 female residential beds, and 26 male residential beds. Other renovation work will include constructing group counseling rooms and employee office space, installing controlled access for privacy/safety, and updating the interior design (flooring, walls, and color palette) to create a “homelike” setting for clients.

WHAT IS AN EXPEDITED EB-5 PROJECT?

An expedited EB-5 project is one that has been determined by USCIS to serve an urgent humanitarian need and/or a compelling U.S. government interest. Investors who can demonstrate that their investment, by investing in an expedited project, will serve an urgent humanitarian need and/or a compelling U.S. government interest, may also receive expedited processing of their I-526 petition (however, expedited processing is not guaranteed.)

By investing in an expedited EB-5 project, investors may need to wait only a few months instead of a few years for their I-526 petition to be approved (however, to remind again, expedited processing is not guaranteed.)

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ANTICIPATED

No sponsor or lottery needed

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FREEDOM

To travel, work and live anywhere in the U.S.

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WORLDCLASS UNIVERSITIES

U.S. Residency may bring down tuition costs

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LAWFUL STATUS IN THE U.S.

Green card for Investor, spouse & unmarried children under 21*
*(Subject to conditions described in PPM)

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CITIZENSHIP

Eligible for Citizenship after 5 years of permanent residency


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