COSTA MESA, Calif., Aug. 24, 2015 (SEND2PRESS NEWSWIRE) -- PDC Capital Group announced that United States Citizenship and Immigration Services has approved an I-526 petition filed by an investor in a new Caffe Primo restaurant in San Diego.
An I-526 petition approval evidences that the investment made through the EB-5 program - in which foreign nationals may apply for a green card when they invest at least $500,000 in a U.S. business that creates 10 jobs - fulfills all legal requirements for the program.
Caffe Primo's San Diego location opened in July in the downtown area, within walking distance of the city's Gaslamp Quarter. Caffe Primo is a European-style gathering spot famous for its hand-made premium gelato, sorbetto and panini. Existing Caffe Primo restaurants are located in West Hollywood, downtown Los Angeles and Anaheim's Center Street Promenade.
"We are thrilled about the I-526 approval for Caffe Primo San Diego," said Richard Shinn, President of PDC Capital Group. "This is a wonderful project that will enhance the economic vitality of downtown San Diego and create new jobs, which is always the goal for EB-5 investment."
About PDC Capital Group: PDC Capital Group, LLC, is a private equity firm specializing in real estate development and financing including EB-5 investment projects. PDC identifies and helps develop investment opportunities for immigrant investors applying for U.S. permanent residency through the EB-5 visa program. Through its concierge service, PDC Capital Group assists immigrant investors to transition to life in the U.S. For more information, please visit http://www.pdccapitalgroup.com/.
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Director, Corporate Communications
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NEWS SOURCE PDC Capital Group LLC :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.