American Redevelopment Solutions Deploys NES
Financial System to Streamline Setup and
Operations for EB-5 Visa Program
Easy-to-Deploy EB-5 Administration Solution Delivers Efficiency Benefits to Regional Centers and
Increased Security and Transparency for Investors
May 19, 2010 09:03 AM Eastern Daylight Time
SAN JOSE, Calif.--(EON: Enhanced Online News)--NES Financial (NESF) has announced that American
Redevelopment Solutions LLC has selected and deployed the NESF EB-5 Administration Solution to administer
funds associated with the United States EB-5 visa program within its Regional Center.
EB-5 visas allow foreign nationals the opportunity to become lawful permanent residents by investing into
government-approved projects that stimulate U.S. based jobs. During the initial approval process, the Regional
Centers place investors’ deposits into escrow for several months pending the approval by the U.S. Citizenship and
Immigration Services. Once the visa is approved, the Regional Center invests the monies into the job creation
initiative as intended. However if not approved, the full value of the investment must be returned to the investor. As a
result the security of funds and financial transparency are critical.
The American Redevelopment Regional Center (ARRC -- www.arregionalcenter.com) is involved in commercial
property development, directly investing EB-5 visa investor funds to create jobs in Southern California. ARRC’s
management had investors lined up to get the project underway but had struggled for weeks with their existing banks
and systems to set up all the necessary accounts. ARRC was reaching a point where time was running out.
“Working with NES Financial and their banking partners, we were able to move forward quickly. Deploying their
EB-5 Administration Solution and setting up all the necessary accounts for our Regional Center allowed us to do in
two days what previously would have taken us more than six weeks to set up,” said Ron Darling, president of the