State of Vermont EB-5 Visa Program

Latest Construction News

  • Phase 2/2B Construction Update
    (21st Jun 2011)

    June 6th, 2011 The Jay Peak Resort Phase 2 EB-5 Visa project continues construction at a fast pace, as can be seen from the previous post in February...

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  • Phase 2 - Indoor Water Park and Hotel Update
    (18th Mar 2011)

    February 2, 2011 The construction of the Phase 2 project continues to progress.  In the picture below you can see the outer shell of Vermon...

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  • Phase 2 - Ice Arena Grand Opening May 28-29 2010
    (18th Mar 2011)

    The Phase 2 - Ice Haus Arena at Jay Peak Resort is now fully complete and the Grand Opening is this weekend May 28/29th 2010. The construction photos...

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Investor Reviews

  • The success of our I-526 approval by the US Government and the speed by which this happened has made our families dream come true
    (5th Aug 2011)

    We are very grateful for Rapid USA’s assistance in obtaining an EB5 Visa. When we first embarked upon obtaining a green card for permanent resid...

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  • How to become American ? Get a Green Card and then get a US Passport.
    (25th Mar 2010)

    How to become American ? Get a Green Card, enjoy five years as US Permanent Resident and then get a US Passport. Easy ? Not on your own ! My Immigrat...

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  • What impressed me most about the JP project is that it is headed by Bill Stenger, who has been at JP for 25+ years.
    (23rd Mar 2010)

    Before embarking on the EB-5 visa route, I researched the subject quite thoroughly and with the help of various ex-pat forums, I was able to glean inf...

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Past EB-5 Visa Projects at Jay Peak Resort

Jay Peak Resort has welcomed over 300 EB-5 Visa Investors to the EB-5 projects at Jay Peak Resort to-date.  The details of each EB-5 project can be seen on this page.

Please also take a look over at Jay Peak Resort's website where you can see an Interactive Expansion Map (opens in new window).

The Phase I EB-5 Visa Project at Jay Peak Resort welcomed 35 EB-5 Visa investors.

This project involved the construction of a 57 Unit Condominium Hotel named 'Tram Haus Lodge' in the strategic center of the resort, providing ski-on/ski-off access from the doorstep.

Highlights

  • 100% I-526 Petition Approval Record
  • Majority of I-526 petitions approved in under 60 days
  • Successful 'Removal of Conditions' (I-829 Applications) for many investors

The Phase I development 'Tram Haus Lodge' was opened for operation in December 2009.

Read some feedback from our Phase I investors here

Timelapse of Phase I Construction

The Phase II EB-5 Visa Project at Jay Peak Resort welcomed 150 EB-5 Visa investors.

The project involves the construction of a 120 Suite Hotel Jay, Ice Arena, Golf Club House, Indoor/Outdoor Water Park, Conference & Meeting facilities.

Highlights

  • The Phase II EB-5 Program welcomed 150 investors
  • Raised $75 million from foreign investors and $12 million infused by Jay Peak
  • Constructed the only NHL size and quality Ice Arena in Northern Vermont
  • Constructed 20,000 sqft Golf Club House used as a Nordic Center in the winter months
  • Constructed - Vermont’s only Indoor Water Park that features retractable roof
  • Constructed - 120 All Suite Hotel at the strategic center of the Resort
     
  • 100% I-526 Petition Approval Record to date
  • 100% Conditional Green Card approval to date

 

Phase II-B EB-5 Visa Project - 65 EB-5 Visa Investors

The Phase II-B EB-5 Visa Project at Jay Peak Resort welcomed 65 EB-5 Visa investors.  This project subscribed extemely quickly in just a matter of months.

This project involves the construction of 55 Penthouse Units on the top floor of the Phase II hotel, a mountain learning center and mountain cafe.

The mountain learning center is to be used in winter as ski and snowboard learning facility, with night time use for snow tubing and sledding. In seasons other than winter this facility becomes the hub of a nature center which may include activities such as mountain biking, zip line base, sporting clays, fly fishing and feature programs for nature appreciation, birding, wildlife photography, and eco tours.

Highlights

  • Constructed - Penthouse suites floor
  • Under construction - Mountain Learning Center
  • Under construction - Mountain Café and Bar

The Phase III-A EB-5 Visa Project at Jay Peak Resort welcomed 90 EB-5 Visa investors.

This project involves the construction of Golf Cottages that will serve as Winter Ski Chalets during the Ski Season.  The properties are conveniently located around the first 3 holes of the championship golf course, provide easy access to ski lifts and resort amenities and contain all the luxuries you would expect of a vacation home including your own golf cart.

Also included was a Mountain Top Restaurant at the summit of the Jay Peak Mountain featuring extensive outdoor terraces and panoramic views accross the mountain tops extending far into Canada. 

Retail sectors were included in this project and also a Wedding Chapel.

Highlights

  • Under construction - Golf Cottages/Winter Ski Chalets
  • To begin construction soon - Mountain Top Restaurant
  • To begin construction soon - Wedding Chapel