[Phoenix, Arizona – January 23, 2024] – Green Card Fund (“GCF”), a leader in the EB-5 investment migration industry, is thrilled to announce the recent USCIS approval of its Form I-956F (Application for an Approval of an Investment in a Commercial Enterprise) for the Terra Vi Marble Canyon project. This milestone reaffirms GCF’s commitment to delivering exceptional EB-5 projects and facilitating a reliable path to permanent U.S. residency for investors.
The Terra Vi Marble Canyon EB-5 project represents a visionary transformation of the town of Marble Canyon, Arizona by Hansji Corporation (“Hansji”), the project sponsor. It encompasses the redevelopment of the historic Marble Canyon Lodge, trading post, existing retail and residential buildings, gas station, and convenience store. Additionally, the project includes new construction of the mesmerizing Terra Vi Grand Canyon Nature Resort, set to redefine luxury lodging in the region. The senior secured loan from Green Card Fund will enable Hansji to develop 110 hotel rooms, event space, multiple restaurants, a wellness facility, and significantly renovate several existing and historic buildings throughout the property. At Terra Vi, accessible adventure, exploration, and discovery are all part of the journey to the natural world. Set in some of our country’s most celebrated destinations, Terra Vi properties immerse guests in the splendor and spirit of their surroundings with limitless paths for play, wellness, and wonder.
Girish Patel, Co-Founder and Principal at Green Card Fund, expressed his excitement, stating, “We are thrilled to receive USCIS approval for the Terra Vi Marble Canyon project. This project embodies our vision of creating sustainable, thriving communities while facilitating a pathway to U.S. residency for our investors.”
“This approval further demonstrates USCIS commitment to maintain high project standards for the EB-5 program while providing timely adjudication to TEA investment projects as established in the EB-5 Reform and Integrity Act of 2022. We are excited for our investors as this significant milestone sets the foundation for a predictable and timely path to permanent residency for them and their families,” said Kyle Walker, Co-Founder and CEO of Green Card Fund.
With this approval, Green Card Fund continues to expand its portfolio of successful EB-5 projects, providing investors with opportunities to make a lasting impact on American communities while securing their own future in the United States.
About Green Card Fund:
Green Card Fund, a subsidiary of NewGen Worldwide, is a distinguished leader in the EB-5 investment migration industry. With a commitment to investor confidence and stability, Green Card Fund offers investment opportunities that lead to U.S. permanent residency while driving economic growth and transformation in American communities. Established in 2009, GCF has supported hundreds of families in securing their permanent green cards and migrating to the United States.
