About WORC - Project Overview

Whatcom Opportunities Regional Center ("WORC") is designated, by US Citizenship and Immigration Services (USCIS), as a Regional Center entitled to participate in the EB-5 Immigrant Investor Pilot Program. This designation enables foreign investors to apply for Green Cards upon making an investment of $500,000 into a limited liability company formed by WORC. The investment monies will be applied to the development and operation of retirement facilities in Whatcom County Washington.

Retirement communities provide independent and assisted living accommodation for active seniors. Currently, this industry in the United States boasts revenues of over $20 billion annually and shows significant potential for growth with the aging population; the number of people aged 65 and over in the United States is currently 34 million, accounting for 13 percent of the total population. That number is projected to grow to 69 million, or to 20 percent of the total population, by the year 2030. As this generation ages and retires, an increasing number of people over the age of 75 will require some level of care or assistance during the final years of their lives.

WORC investment group will fill a market need in Whatcom County, Washington State.  by developing units of Retirement residences vis-a-vis three service delivery models:

Model 1: Traditional Assisted Living

Retirees live in dormitory style private units within a larger complex designed for seniors only.

Model 2: Integrated Retirement Living Facilities

Retirees live in multi-family complex, with both seniors and younger residents, while still being able to access required support services.

Model 3: Community Based Assisted Living Group Homes (Adult Family Homes)

Retirees live in a smaller groups two to four persons, with a live in caregiver, in a single-family residential neighborhood.

All retirement communities will be operated by WORC investor group.

 

Whatcom Opportunities Regional Center - Maple Steet Retirement Community


This is not a solicitation of investment. Before considering making an investment interested parties should review with the advisors of his/her choice the specific terms of investment contained in the New WORC Development and Management LLC, Operating Agreement and other project documentation.

 
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