Moderno Porcelain Works offers an EB-5 and E-2 visa investor program through their licensed business model.
Moderno is one of a few companies solely dedicated to porcelain. They use state-of-the-art machinery to cut and fabricate porcelain panels and bring jobs to the economy on both the production and installation side of the business. The porcelain panels made by the company are typically installed in commercial buildings such as offices and conference rooms.
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00:00 Introduction
00:58 EB5 Investor Visa
01:17 E2 Visa Program
01:36 Guaranteed or Preferred Return
02:53 Conclusion
#IsModernoPorcelainWorksAGoodE2EB5VisaBusiness #VisaFranchise
Moderno’s investor visa program is offered by Houston EB5, Texas-based immigration, and relocation agency. Moderno boasts to be one of the few operational business models in the EB-5 industry ready to process direct investments for EB-5. The company enables investors with high liquid net worth to pursue legal status with a mature business model, and Moderno is their primary offering.
Houston EB5 was founded by Roberto Contreras Sr. in 2011, who also came to the United States with an EB5 Visa. Although Moderno Porcelain Works is a relatively new company (founded in 2019), the principals of Moderno have decades of experience.
Additionally, many residential customers install porcelain in their bathrooms and kitchens. This unique product is in demand across the US but takes a very particular operational approach to manufacture and install, which is why Moderno’s products and services would succeed in almost any market. The company is also doing remarkable work in their area of expertise, with the Moderno Porcelain Works of Houston receiving a 5-star rating on Google Reviews. Customers regard Moderno’s work as very beautiful, but also celebrate the friendly service from employees.
Many franchises offer the opportunity to own/ run a business by paying a franchise fee and royalty percentages to the parent franchisor in exchange for brand awareness and ongoing support. Many franchise opportunities allow for an investor looking for permanent residence to operate a profitable franchise that services the local economy.
The current investment requirements for EB-5 opportunities are currently established at $500,000 with evidence of at least 10 jobs being created. For the Moderno program, however, investors will spend an estimated total project cost of about $3 million divided between multiple investors ($600,000 + admin fees each).
This amount is higher than the baseline of $500,000, but the opportunity creates many more jobs in a high-demand area. The result of this is a higher chance of being granted an EB-5 visa. It can be difficult to create 10+ jobs at the $500,000 level especially given the labor shortage suffered by the U.S. economy in 2021/22.
As of August 2021, Houston EB5 was seeking investors for the Moderno Los Angeles & Denver HUBS. Here are the key terms to the project:
$600,000 investment, $70,000 administrative fee
4% Preferred Return paid annually in years 1-2, $24,000 per year, $48,000 total
5% Preferred Return paid annually in years 3-5, $30,000 per year, $90,000 total
25% Share in Project’s Profit Distributions
Only 4 spaces for investors per HUB
Direct Equity Shareholder in Company
Visa Franchise generally advises against any opportunity that offers a ‘guaranteed’ or ‘preferred return’. If the business has trouble as was the case for many businesses during the COVID-19 pandemic, these guarantees/ returns often are not honored.
There is also an E-2 visa option for $300,000 total ($250,000 + $50,000 admin fee). The E-2 visa licensees specialize in the installation of high-quality porcelain surfaces in the residential and commercial markets (as opposed to manufacturing). Moderno recently increased the E-2 visa investment amount and admin fee for two main reasons:
To ensure that the substantial investment requirement is more easily met (generally higher investments are easier to meet this E-2 visa requirement).
To continue to grow responsibly they needed to increase their administrative fees to cover our overhead expenses. They plan to hire more staff to be able to handle prospective E-2 visa licensees.
Moderno’s E-2 visa program has proven to be popular over the last couple of years. They boost no denials as of May 2021 from over 35 E2 visa investors.
You can learn more here:
Want to speak with a franchise specialist about Moderno Porcelain or another franchise? Click here:
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