Investment Immigration -

Through a Regional Center

What is an EB-5 Visa?

 

EB-5 is the U.S. Government’s Immigrant Investor Program created in 1990 to stimulate U.S. economy through capital investment and job creation by foreign investors.  Certain EB-5 visas are set aside for investors investing in Regional Centers designated by USCIS based on such a center’s economic proposals.  Click here to learn about immigrating through investment without using a Regional Center.

 

What is an EB-5 Regional Center?

 

U.S. Government created the Immigrant Investor Pilot Program in October 1992 by Section 610 of Public Law 102-395.  This program provides for economic units known as “Regional Center(s)”, where an investor can take advantage of a more expansive definition of creating jobs.  These centers are usually private entities which submit economic growth proposal to the USCIS, explaining how the center will have a positive impact on the geographic region in which the center will be built.

 

Is it safe to invest in a USCIS approved Regional Center?

 

A USCIS “approved” Regional Center has a stamp of approval from the US government that the center’s business plans are likely feasible and will directly or indirectly lead to job creation.  However, note that designation as a Regional Center does not mean that an investment in those centers is backed by the government.  Indeed, one of the requirements for an investor immigration visa is that the investor’s money must remain “at risk.”  Therefore, USCIS approval of an EB-5 Regional Center does not in any way constitute the U.S. Government’s endorsement of such a Regional Center or minimize risks to a foreign investor.

 

Where can I find a list of these centers in my state?

 

USCIS has provided a list of approved Regional Centers on its website.  This list is regularly updated, and a center may be removed by the USCIS from this list if it no longer serves the purpose of promoting economic growth, improved regional productivity, job creation or increased domestic capital investment. Consequently, it is not advisable to rely on any other list of such approved Regional Centers, except the one provided by USCIS.​

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DISCLAIMER: Brenman Immigration Law Firm is located in Chapel Hill, North Carolina.  We serve clients in Washington, DC, Virginia, Maryland, North Carolina, and nationwide.  Our practice is limited to Federal Immigration Law only. 

 

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