Types of Licenses



Regular membership

Recommended for Most Applicants - For Applicants with ability to establish & operate a World Trade Center Project.

US $250,000

Initiation Fee


6 - month option plan

For Applicants who wish to complete a feasibility study while reserving the right to apply for a license in an available city.

US $25,000

Option Fee

12 - month option plan

For Applicants who wish to complete a feasibility study while reserving the right to apply for a license in an available city.

US $50,000

Option Fee

conversion

For an Option Holder wishing to convert to Regular Membership during the applicable Option term.

Balance of Initiation Fee

Conversion Fee

Satellite membership

For Applicants who arrange sponsorship through an existing Regular Member in Applicant's requested city.

US $167,000

Initiation Fee

License transfer

A License Transfer occurs when over 50% of License Ownership is transferred to another legal entity.
US $167,000 Initiation Fee


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WTCA License Applications are reviewed approximately every 90 days by the WTCA Board of Directors.
Full payment must accompany this application.

Regular Membership

Applicants must have the ability to establish and operate a World Trade Center Project according to set WTCA standards. Applicants must demonstrate competence and available resources to establish and operate a World Trade Center real estate project and/or provide trade services within three years of obtaining the license. Applicants for Regular Membership must pay an Initiation Fee, an amount determined by the Board, currently set at US $250,000. Annual Membership Dues are currently set at US $12,500.

6-Month Option

A 6-Month Option may be right for you if you still need to complete your feasibility research or secure a location, and want to reserve the right to apply for a License in an available city. During the Option period, the WTCA Board will not consider other applications for that same city. An Option does not confer membership, and the Option Holder must satisfy all membership eligibility requirements at the time it seeks to convert its option to a Regular Membership. Option Holders are prohibited from using WTCA’s trademarks (“WORLD TRADE CENTER”, “WTC”, and the tripartite Map Design Logo) or any confusingly similar marks, names, domain names, email addresses, etc. during the term of the Option. Fees are currently US $25,000 for a 6-Month Option. The 6-Month Option may be extended one-time, for an additional six months, for a fee of US $35,000.

12-Month Option

A 12-Month Option differs from a 6-Month Option in that it is not extendable and is available for a fee of $50,000. All other requirements and conditions apply as for the 6-Month Option.

Conversion to Regular Membership

If an Option Holder applies to convert its 6-Month or 12-Month Option to Regular Membership during the applicable Option term, and is approved by the WTCA Board, the Option Fee (and any Extension Fee) is applied towards the Regular Membership Initiation Fee. Option Fees that are not converted within the designated time limit will not be refunded. We strongly encourage Applicants to consider a Regular Membership.

Satellite Membership

If you are interested in establishing a World Trade Center Project in a city where an active WTCA Member already operates, you may be eligible for a Satellite Membership. To qualify: the Applicant must meet all Regular Membership criteria; the proposed Satellite facility must be located entirely within the city of the existing Regular Member; the Application must be sponsored by the Regular Member with an active WTC Operation in that city; and the proposed Satellite must have a formal legal relationship with the Regular Member. Unlike Regular Members, Satellite Members cannot vote. Satellite Membership Applications must be submitted by the existing Regular Member for the city in which the Satellite is being sought. The Initiation Fee for a Satellite License is currently US $167,000, which represents two thirds of the Regular Initiation Fee. Annual Membership Dues are currently set at US $12,500.

Transfer of Regular Membership

A Transfer occurs when more than 50% of the license ownership is transferred to another legal entity. Transfers are subject to Board approval. The current Transfer Fee is US $167,000 and is payable to WTCA. The new License owner assumes responsibility for Annual Membership Dues of US $12,500.