EB5 Investors Magazine Volume 7, Issue 2 | Page 89

ISMAEL FERNÁNDEZ GREENGATE CONSULTING Ismael Fernández, originally from Madrid , S pain , is the founder and president of Greengate Consulting, an Atlanta - based consultancy f i r m . W i t h a P h . D. a n d a n MBA from the Georgia Institute of Technology, Fernández, a published author in the field of technology valuation, extended his career into the EB-5 space as an economist given his experience in financial modeling. Prior to funding Greengate, Fernández was a senior manager at General Electric, leading a global team forecasting demand for gas turbine parts, a $1 billion business. Since 2010, Fernández has assisted hundreds of firms to get established in the U.S. and secured dozens of I-526, I-924, and I-829 approvals for its clients. WHY DID YOU GET INVOLVED IN THE EB-5 INDUSTRY? For me, the EB-5 industry was a natural extension to the practice I founded when leaving GE. Given my background and origin, I fit well in the shoes of foreign investors looking to migrate to the U.S. for business purposes. My practice aimed at those families that were seeking to start their own business in the U.S. I quickly learned about the requirements of the EB-5 regional center program and got really excited about economic modeling in 2012. Since I was accustomed to building complex financial models for engineering decision making, I found EB-5 economic models a natural extension to my education and skillset. WHAT NEW TYPES OF PROJECTS AND TRENDS ARE YOU SEEING IN THE EB-5 INDUSTRY? I try to be optimistic about the market. After all, the U.S. continues to be the largest economy of the world and the most robust in the face of uncertainty. I think the age of large regional centers controlling the market has ended due to the increased cost of the market. Investors are going to demand a lot more for their money, such as a larger return or being part of the project, since the investment amount has more than doubled considering the exchange rates in many currencies. Projects that are in a TEA will have a considerably higher competitive edge, so this is the time for rural projects and genuine high unemployment areas to thrive with the EB-5 program. “I know my clients’ business plans will be well-researched, professional, and prepared quickly.” — Belma Demirovic Chinchoy, Esq. Iyer Demirovic Chinchoy LLP EB5 Investors Magazine 2018 & 2019 Top 5 Business Plan Writers 877.453.2011 IMMIGRATION@MASTERPLANS.COM MASTERPLANS.COM EB5INVESTORS.COM 89