Everything You must Know about the EB-5 Regional Center for Sale

If you are interested in the US EB-5 investor visa you may have come across the term ‘Regional Center’. But what is it?

An EB-5 Regional Center is a service agent organization designated by the US Immigration Authority (USCIS) that sponsors capital investment projects for investment by EB-5 investors. It is basically an investment mechanism for investors and companies looking to complete a project under the EB-5 program. The benefit of having a Regional Center designation is that the regional center can take advantage of indirect and induced job creation, not just the direct job creation. This clearly means that the EB-5 Regional Center for sale can make it much easier to reach the job creation requirements under the guidelines of the USCIS.

Why buy an EB-5 Regional Center?

USCIS or the United States Citizenship and Immigration Services is the organization that controls and regulates every EB-5 Regional Center in the country. An EB-5 Regional Center for sale is responsible for sponsoring capital investment projects for the EB-5 investors. An EB-5 investor is anyone who holds an EB-5 visa. This visa is called the ‘employment-based fifth preference category’ or the ‘EB-5 Immigrant Investor Visa Program’ that came into existence in 1990. The EB-5 program enables immigrant investors to become lawful permanent residents, or ‘green card’ holders. You can always do so by investing at least $1,000,000 to finance a business in the United States of America. In order to qualify, this business must employ at least 10 or more American workers.

Also, this program is dedicated to encouraging both economic growth and foreign investments in the country. It is one of the five employment based preference programs that the United States functions. So if you have money to make an investment, it is definitely worth pursuing as a means of turning out to be a resident.

How to set up an EB-5 Regional Center?

There are no special requirements that limits the application for USCIS regional center designation, hence almost everyone can set up and become an EB-5 Regional Center.

The types of business models that are permissible to become an EB-5 regional center are the existing commercial entities, partnerships, corporations, and the government agencies. To become an EB-5 Regional Center, one must obtain USCIS approval in order to accept the payments. And in order to get this, you must file the form I-924, Application for Regional Center under the Immigrant Investor Program petition. The cost associated in filing is $6230, however, this fee is often considered as a very small cost for the chance to raise huge amount of capital for projects.

When filing the form I-924, a regional center must also submit a project proposal. This project can be a hypothetical project or even an actual project. In order to form an EB-5 Regional Center for sale, you will require a team of experts to assist you with each stage of your application and the professionals you need would include:

• Immigration attorneys are must for reviewing your business plans, documents, and USCIS compliance. They can also prepare the petitions for filing.

• Economists are required to analyze the project’s expected indirect and direct job creation. They also look at the TEAs and geography to have better control over the regional center planning.

• Business planners draft operational plans that outline timelines and the job creation.

• Moreover, escrow agents shield their investor’s capital while they wait on their EB-5 application approval.

Once the form I-924 Petition is approved, the regional center can submit their EB-5 investors’ Form I-526 petitions to the USCIS for approval. Once approved, their investors can get a conditional green card which enables them to move to the US.