EB-5 Program for “Regional Centers”
I have recently received many questions regarding the Investors Visa commonly known as EB-5. This program has a very checkered history. However, it now is a highly viable alternative for the investor who would like to become a United States Permanent Resident (Green Card)
The Regular program became far too difficult for many investors to navigate. Seeing this difficulty the United States Government in an effort to encourage immigration through the EB-5 category created a
The onerous active management requirement of the regular EB-5 program is not part of the Regional Centers program.
The requirement of creating ten jobs is also not part of the Regional Centers program. The program says that it is sufficient if ten or more jobs are created indirectly as a result of the investment.
Regional Centers are defined as “any economic unit, public or private, which is involved with the promotion of economic growth, including increased export sales, improved regional productively, job creation, or increased domestic capital investment.”
The required amount of the investment is reduced to $500,000 if a
Congress gave USCIS (formerly Immigration and Naturalization Service) discretion to “give priority” to EB-5 petitions filed through a