What is a Regional Center?
A “Regional Center” is a designation granted by the US Citizens and Immigration Services (“USCIS”) to an entity (private or public) that establishes a plan to use immigrant investor capital to stimulate economic growth.
In order to create a Regional Center, you must submit a proposal to the United States Citizenship and Immigration Service (USCIS). The proposal must be able to show:
- How the Regional Center plans to focus on a geographical region within the United States. The proposal must explain how the regional center will promote economic growth in that region.
- How, in verifiable detail (using economic models in some instances), jobs will be created directly or indirectly through capital investments made in accordance with the Regional Center’s business plan.
- The amount and source of capital committed to the Regional Center and the promotional efforts made and planned for the business project.
- How the Regional Center will have a positive impact on the regional or national economy.
Once created, your Regional Center will be able to operate within the industries that we secure approval. Such industries may include, but are not limited to:
- Food Service
- Office and Retail
- Scientific Research
We recognize that this is a very detail oriented task that cannot be entered into lightly and we will make sure that your Regional Center Project pays special attention to all areas of interest that are of concern to the EB-5 Investor. Making sure that (among other things) there is a strong business plan, that there are clear and defined job creation strategies and most importantly that the exit strategy is feasible and clearly outlined.
By paying close attention to these and other important areas we will ensure that your Regional Center Project is set apart from many others and that it is more attractive to EB-5 applicants from around the world who are looking to immigrate to the United States through the EB-5 Investor Visa program.