There is a chain of clinics in South Carolina, called DentalSmart. It appears they are set up to attract foreign investors through, what is called an EB-5 Immigrant Investor program. (see bottom of post) I say this because it has entities set up described as EB5 Investment companies. Of course I could always be wrong.
DentalSmart
2020 Savannah Highway
Charleston, SC 29407
P. 1-843-735-6727
http://dentalsmartus.com/index.php
Trademark Registered May 12, 2011 by National Dental Centers of America, Inc.
National Dental Centers of America, Inc is a Delaware Corporation
South Carolina filings -
National Dental Centers of America, Inc
Brian Schleifer
17 Lockwood Dr. TE 401
Charleston, SC 29401
Filed 10-26-2010
DentalSmart EB5 Investment V, LLC
Registered Agent:
EB5 Investment Managers, LLC
301 Augusta Street
Greenville, SC 29601
Filed 9-6-2012
DentalSmart EB5 Investment VI, LLC
Registered Agent:
EB5 Investment Managers, LLC
301 Augusta Street
Greenville, SC 29601
Registered 9-20-2012
DentalSmart Equipment Solutions, LLC
Registered Agent:
John H. Hofford
17 Lockwood Dr. Ste 401
Charleston, SC 29401
Registered 9-22-2011
DentalSmart Practice Solutions, LLC
Registered Agent:
John H. Hofford
17 Lockwood Dr. Ste 401
Charleston, SC 29401
Registered 9-22-2011
Dissolved 2-28-2012
DentalSmart Staffing Solutions, LLC
Registered Agent:
John H. Hofford
17 Lockwood Dr. Ste 401
Charleston, SC 29401
Registered 9-22-2011
EB-5 investors can invest as an individual or through Regional Centers. Normally the investment must be at least $1M unless it’s in a business with high unemployment or rural area, then it’s only $500K.
From the uscis.gov website:
Commercial enterprise means any for-profit activity formed for the ongoing conduct of lawful business including, but not limited to:
- A sole proprietorship
- Partnership (whether limited or general)
- Holding company
- Joint venture
- Corporation
- Business trust or other entity, which may be publicly or privately owned
This definition includes a commercial enterprise consisting of a holding company and its wholly owned subsidiaries, provided that each such subsidiary is engaged in a for-profit activity formed for the ongoing conduct of a lawful business.
Note: This definition does not include noncommercial activity such as owning and operating a personal residence.
- Create or preserve at least 10 full-time jobs for qualifying U.S. workers within two years (or under certain circumstances, within a reasonable time after the two-year period) of the immigrant investor’s admission to the United States as a Conditional Permanent Resident.
- Create or preserve either direct or indirect jobs:
- Direct jobs are actual identifiable jobs for qualified employees located within the commercial enterprise into which the EB-5 investor has directly invested his or her capital.
- Indirect jobs are those jobs shown to have been created collaterally or as a result of capital invested in a commercial enterprise affiliated with a regional center by an EB-5 investor. A foreign investor may only use the indirect job calculation if affiliated with a regional center.
