How to Invest via Regional Center and Get EB5?
How to invest via Regional Center?
In our last post we briefly introduced you to the investment option via Regional Center. Three thousand EB-5 green cards of the ten thousand available each year, are reserved for foreign nationals who decide to use this type of investment alternative. The lower investment amount and the relaxed job creation requirement is what makes this option so popular. USCIS estimates that approximately 90% of EB-5 visas are based on Regional Center investments. Therefore, we think that it is worth to explore this possibility in more detail.
The Regional Center is defined as any economic entity, public or private, which is involved with the promotion of economic growth, improved regional productivity, job creation and increased domestic capital investment. It must comply with strict USCIS regulations to obtain designation and to keep its projects going. As of April 1, 2014, approximately 480 Regional Centers were approved. It means that you have many possibilities to choose and we advise you to make your due dilligence. In addition to selecting the Regional Center, you are required to choose also one particular investment project. Many Regional Centers have multiple projects so it can very easily become a challenging task. Therefore, here are some tips that can help you.
While choosing the Regional Center and particular investment project, we suggest to look at:
● SECURITY: First and foremost, the Regional Center must have received its designation from USCIS and be active at the time of your investment. Check also if they have a tracking system to provide you with the statistics and other information.
● EXPERIENCE: Review the effectiveness projects of the Regional Center. Despite the fact that previous project has been successful, there is no assurance that the next one will be, but it is a very strong indicator.
● SPEED: Most Regional Centers pool multiple investments to fund their projects in order to ensure the financial stability of the commercial enterprise. In that case, it is important to choose the Regional Center that can attract more investors in the short time to avoid being stuck in projects where developers can’t break the escrow.
● MANAGMENT: Ensure that a General Partner(s) and management team of Regional Center have a familiarity with the EB5 program and understand its responsibility to complete the project and create the requisite jobs.
● JOB CREATION: Although indirect job creation is acceptable for regional centers, projects with at least some significant amount of direct job creation may be safer alternatives.
Choosing the Regional Center that fits your needs can be difficult so let our professional team to help you and contact immigrationbiz.com right now.
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