Establishing a Regional Center
When a foreign investor decides to invest in an EB-5 program, they may want to establish a regional center project that best suits their investment goals. The EB-5 program allows for an investor to establish their own regional center proposal if there is not a preferred center available. However, establishing these centers requires substantial proposal work on the investor’s behalf.
For more information regarding the benefits and requirements of the EB-5 program, contact the EB-5 visa attorneys of White & Associates at 818-730-3540 today. We can help you to understand what may be required if you wish to pursue the establishment of a regional center.
Proposals for Regional Centers
There are many factors that go into establishing a regional center. This is, in part, due to an investor’s ability to use this regional center as a way to cut down their investment total from $1,000,000 to $500,000 if it is within a targeted employment area.
When filing a regional center proposal, an investor needs to address the following concerns:
- Geographic location
- Local economic information
- Business organization
- Direction of the investment
- Job creation strategy
- Industry-specific concerns
One of the major purposes of the EB-5 program is the creation of US jobs as a result of that EB-5 investment. Immigration officials are more likely to be confident in a proposal if there is a clear strategy to build jobs in areas around the United States where unemployment is high and the local economy is hurting.
Contact Us
If you are considering settling in the United States as a permanent resident, the EB-5 program may be a powerful tool to bypass many of the long waiting periods associated with normal immigration programs. To learn more, contact the EB-5 regional center lawyers of White & Associates by calling 818-730-3540 today.
