Select Highlights of the Interview with Duygu from Turkey
EB-5 Investor in the EB5AN Twin Lakes Rural EB-5 Project
I decided to go with Anahita because from the first moment that I talked to her, I knew she was different. When I went on WhatsApp, when I tried to write her something, she was online or was last seen like 5 or 10 minutes ago. So, she is very approachable. She was always within reach.
I chose a rural project because things are going to be going faster. And that’s why, first of all, I chose the rural projects and the Twin Lakes project. It’s like, oh my God, they already had all the jobs created and everything was approved.
Search, search, search, ask questions. Do not trust everything that you read or hear on Google. Try to call everyone, visit if it’s possible, talk to people and get a feeling if the project is trustable or the person is trustable.
Full Interview with Duygu from Turkey
EB-5 Investor in the EB5AN Twin Lakes Rural EB-5 Project
Full Interview with Duygu from Turkey
EB-5 Investor in the EB5AN Twin Lakes Rural EB-5 Project
Transcript of the Interview with Duygu from Turkey
Why I Made an EB-5 Investment
Today, we’re going to be speaking with a real Twin Lakes EB-5 project investor: Duygu from Turkey has graciously offered to share some of her time with us, and I’m pleased to introduce her. To start, could you share a little bit about yourself, your background, how long you’ve been in the United States, and why you decided you wanted to remain in the United States long term?
Hi Sam. Hi everyone. This is Duygu. I am from Turkey. Turkey is a beautiful country—delicious food, friendly people—but living and working in the U.S. was always my dream. I don’t know why, to be honest. I also studied in Austria. I have traveled around Europe, a little bit around the world, but still, the U.S. was always on my mind. I studied international management in Turkey and I came to here to the United States twice as a tourist. And then after I graduated, after I worked for a while, it was: I had 10 years of experience in Turkey, but still, the U.S. was always on my mind. And after visiting as a tourist, I wanted to give it a try. I came here again and did some research, and then I decided that I wanted to study or live here or work here. But finding a job was not easy.
So, I decided to first apply for a student visa. In 2015, I applied for a student visa, got the visa, got the approval, and then I had one year of OPT [optional practical training]. During that year, I had an opportunity to work with a tech company. I was in San Jose, California, so Silicon Valley. So, with that experience, I also had an opportunity to work for a resale company that was selling natural stones. And back in Turkey, I had also worked in construction companies. My father was a contractor, so I had decided to pull up my connections and everything and give it a shot. So, I established my company in 2016 and since then, I have been here in the U.S.
My Advice for Other EB-5 Investors
Having been in the U.S. for six, seven years, what made you start thinking about pursuing a Green Card and making an EB-5 investment? Why did that appeal as a next step for you?
Okay, that makes sense. We have quite a few investors who similarly started with an E-2 and then eventually either decided they didn’t want to continue running that business or just wanted a little bit more flexibility in terms of their residency in the United States long term. So, that’s definitely a common situation. So, once you’d decided you wanted to stay long term, you started researching other visa options. Obviously, finding an immigration attorney is a critical part of the EB-5 process, especially at the beginning. So, can you share a little bit about what your experience was like in selecting and interviewing an experienced EB-5 attorney to help navigate the source of funds process, picking a project, all of that?
Firstly, because I had an E-2 before, I had worked with the lawyers. Six years ago, I searched lots of attorneys, and the attorney that I worked with the moment for the E-2 was recommended by a close friend. And I wish he didn’t, but he was doing his best to try to help me. He got me the E-2 visa. There was nothing about it, but try to reach out to him, it was unbelievably hard. Every day, every week, he had a meeting, he had to go to some other seminars, he had family vacations, celebrations… He asked me the same questions over and over again, like he never has read whatever documents I have sent to him. And it was really tiring. So that’s why I was like, okay, I need to find someone that I can talk [to], I can reach, I can ask questions [to], I can get answers.
And when she or he ask me questions, they’re going to listen to me and not ask me the same questions all the time. It’s normal. I ask the same questions to the lawyers all the time, but you know that they listen to you, but you try to find some comfort in the answer. That’s why you keep asking the same questions. But when you look at it from, “What is your name?” I mean, you cannot ask me my name 15 times. It’s Duygu. It’s never going to change. So, that’s why I needed to find someone that I could talk to. On Google, you find lots of attorneys, but as I said, I needed to find someone that I could trust. And I talked to maybe four or five different lawyers and then I have decided to go with Anahita because from the first moment that I talked to her, I knew she that was different. I mean, all of our communications went through WhatsApp. When I went on WhatsApp, when I tried to write her something, she was online or was last seen like 5 or 10 minutes ago. So, she is very approachable. She was always within reach and as I said, I asked her the same questions, and she kindly asked her all my questions. She tried to help me with everything. Not only her, [but] her team was also great. So I’m really, really happy with my choice of attorney. So, that’s why I wanted to go with her.
That’s really helpful. So, once you decided to go with her, walk us through that process of gathering all the documents, getting things organized, translated. How long did that take? What did the communication look like during that period, and how did Anahita support you during that time?
So, in summary on that, having just gone through the process pretty recently, just two months ago, what are some tips, some advice that you’d have for another investor who’s considering doing EB-5 in terms of picking an EB-5 attorney? What are some of the most important things to look for that you’d recommend to someone?
Alright, now you’re at the point where you know want to do an EB-5 investment. You’ve done some research on selecting an attorney, you’ve interviewed a few attorneys, you’ve decided to go with Anahita George. Tell us a little bit about what you did next in terms of project research. What was on your mind in terms of different things you wanted to prioritize in terms of characteristics of a potential project?
EB-5 is a big decision, a big investment, but it’s a great opportunity. So, for a couple of weeks, months, because I started looking at EB-5 in May, 2023… it took me almost two and a half months. You go on Google, you do the search, trying to find regional centers that are approved by USCIS. There are so many different regional centers and projects, of course, and on my laptop and on my phone, there were so many open pages with all the regional centers, but for most of them you cannot find too much information. It’s only the names, the company, where they’re located and what they’re doing. And so, I needed to find someone that had some visibility. On the other hand, to be honest, when you do the Google search, you come up first. Your company and Kolter, and you think, “You know what?”
Sometimes it’s too much. There might be some tricks, and you just think, “I need to do more research because I have studied marketing here.” I know there are organic searches and paid searches, so I needed to find some organic ones, and it takes time. It’s not like one day, two days. So, you need to be patient, you need to be passionate about it and keep searching. I have found a couple of different projects, regional centers, some of them were in Oakland, in the SF Bay area. The location was not the best, still is not the best. So I said no, and I don’t know why. I was always interested in solar energies, wind energy, and I have found some companies, but they don’t have too much paperwork [available] and you don’t get the chance to talk to them that much. They are not open as you are.
Finding documents and feeling that the company is real, what they are doing is real. It is one of the most important things. And I also found some franchising opportunities, like opening a Subway. I didn’t have that much time because of my own business. I even thought, “Maybe I can go with my own business, find 10 people,” but I didn’t want to risk getting an approval. So it was out of the question. And there were some hotel projects, but again, real estate projects are good, but I am not sure about the hotel projects. So I started looking into more single houses or condos and then I decided to do a single house because at this time, COVID time, it was affecting everything, every sector. And I thought that the single-family houses were going to be great.
After searching more about it, I met with… When I check my records, I think I talked to you in May and I talked to, as I said, other regional centers, but I decided to go with you and Kolter. So, I think my main reason, if you were to ask me why I did go with you, was because of your openness. I had the opportunity to meet with you and you really work hard, you and your partner, I also heard from other investors, I had the opportunity to talk to them. They told me that you and your partner are great, so to feel some comfort, it’s the most important thing. And I felt that with you, so that’s why I chose you and Kolter.
We really, really appreciate that. We’ve been working with Kolter now for 10 years on more than 15 projects and everything’s gone perfectly, and we’re really excited to be partnered with them on this project and others coming in the future as well. In terms of the project itself, obviously having done research on the program: there’s rural projects, there’s non-rural projects, there’s projects under construction—projects that are early on without a lot of construction. How important was it for you when you were looking at different projects to be in a rural project versus one that wasn’t rural, and then one with jobs already created versus not? How did that fit into your decision?
You know what, when you ask USCIS, they say that there should be some risk. Of course, there should be some risk for EB-5, but you still want to have some kind of trust. And even though my country wasn’t India or China, they have backlogs. I still chose a rural project because things are going to be going faster. And that’s why, first of all, I chose the rural projects and the Twin Lakes project. It’s like, oh my God, they already had all the jobs created and everything was approved. There were other investors before me, they went through the same things. Everything gives you some kind of relief that you are not the only one. And I didn’t, to be honest, I didn’t go to the Twin Lakes project site, but I talked to the real real estate over there, the realtors, and I talked to other investors. I called the sales office and talked to them. I also asked Anahita, and she was really helpful.
And yeah, I think it gives you a real relief to know that the jobs are already created and the processing is going to be faster hopefully. And also because I have an E-2, I didn’t need to wait to apply for change of status later, so I could do them both at the same time. And hearing that one of them, I believe the latest investor, he got his travel and work permit visa within two months. It was like, okay, this should be a really good project to invest in. That’s why it was one another reason for me to choose the Twin Lakes rural project.