The 136-room, 5-star luxury hotel with an 18-hole championship golf course sits on 610 waterfront acres in Puerto Rico. As a commonwealth of the United States, citizen of Puerto Rico are citizens of the United States, and enjoy full legal and governmental rights of other U.S. citizens. EB-5 United is the project’s exclusive EB-5 provider, performing full due diligence, preparing offering documents and overseeing construction draws for EB-5 investors.
As of the 6/30/17 construction draw, $104.93MM has been spent to date, with a balance of $127.52MM still to be spent until completion, making the project 45.14% complete. As of the most recent schedule, the hotel is expected to open in 4th Quarter of 2018.