Several individuals harbor a dream to reside in America- The sea of opportunities, but the long waiting lines and backlogs make it impossible to turn that dream into a reality. To overcome this situation, the USCIS authorities have come up with an opportunity as an Entrepreneur’s visa to help your dream turn into a reality with the EB-5 Visa project.
Just as the name suggests, you can enjoy the perks of living in the US as a permanent resident with your immediate family, including your spouse and children who are unmarried and are below 21 years of age. In this article, we will discuss how to choose a regional center to ensure that your project and investments remain safe while you apply for the EB-5 visa.
Researching for regional centers
Regional centers work with the US official authorities and require less capital when compared to the direct investment you will make in a new enterprise. Not only will you have to invest half of the money, but you will also work on a project which is well researched by the regional center’s employees for area development.
The investments will be made in TEA (Target Employment Area) so that more numbers of jobs are created. Adding to this, the regional center authorities will also work with the USCIS officials to explain how your investment has elevated the American citizen’s economy and lifestyle.
However, there are certain factors one needs to analyze before they choose a regional center. Some of these selection criteria are as follows-
- Make sure that the regional centers are allocated and registered with the US authorities. For this, make sure that you talk to your attorney and do the needful background investigation on your own.
- Make sure that the project has the right team with a good manager. Also, have a look at the history of projects and what was the success rate of those projects. How many jobs were created, and if those projects are still running successfully. Check the efficiency of the team leader and compare how his other projects are doing.
- Ensure that you are investing in a project in which you know the basics of the trade. Do not leave every research and result in the hand of the regional center employees. Remember, the employees are there to work for regional centers, not you. Investigate the location and project by visiting the site at least once.
- Make sure that you are presenting the projects with a model which has been successful in the past. Be careful about the strategy and make sure that the regional center does not leave any sketchy details. Ask questions before you finalize the project.
- Choose a regional center that has a fine and clear exit strategy from the projects as well as a sound redeployment strategy as well.
Choosing a regional center for your investments is completely your decision but remember that whether you choose a regional center or make a direct investment, you are participating in the model and have an equal say about where the investments are being made. Also, keeping track of documents will help you in future project assessments.
Just as the name suggests, you can enjoy the perks of living in the US as a permanent resident with your immediate family, including your spouse and children who are unmarried and are below 21 years of age. In this article, we will discuss how to choose a regional center to ensure that your project and investments remain safe while you apply for the EB-5 visa.
Researching for regional centers
Regional centers work with the US official authorities and require less capital when compared to the direct investment you will make in a new enterprise. Not only will you have to invest half of the money, but you will also work on a project which is well researched by the regional center’s employees for area development.
The investments will be made in TEA (Target Employment Area) so that more numbers of jobs are created. Adding to this, the regional center authorities will also work with the USCIS officials to explain how your investment has elevated the American citizen’s economy and lifestyle.
However, there are certain factors one needs to analyze before they choose a regional center. Some of these selection criteria are as follows-
- Make sure that the regional centers are allocated and registered with the US authorities. For this, make sure that you talk to your attorney and do the needful background investigation on your own.
- Make sure that the project has the right team with a good manager. Also, have a look at the history of projects and what was the success rate of those projects. How many jobs were created, and if those projects are still running successfully. Check the efficiency of the team leader and compare how his other projects are doing.
- Ensure that you are investing in a project in which you know the basics of the trade. Do not leave every research and result in the hand of the regional center employees. Remember, the employees are there to work for regional centers, not you. Investigate the location and project by visiting the site at least once.
- Make sure that you are presenting the projects with a model which has been successful in the past. Be careful about the strategy and make sure that the regional center does not leave any sketchy details. Ask questions before you finalize the project.
- Choose a regional center that has a fine and clear exit strategy from the projects as well as a sound redeployment strategy as well.
Choosing a regional center for your investments is completely your decision but remember that whether you choose a regional center or make a direct investment, you are participating in the model and have an equal say about where the investments are being made. Also, keeping track of documents will help you in future project assessments.