REGIONAL CENTER

In 1993, congress created the Immigrant Investor Pilot Program to increase interest in EB-5 visa program, while providing eligible foreign investors opportunities to become lawful permanent residents. Under the pilot program, each foreign investor must make a minimum investment of $500,000(in a Targeted Employment Area) in a USCIS pre-approved Regional Center,which is involved in the promotion of economic growth, and each $500,000 investment must create at least 10 jobs. Investment within a regional center provide foreign investors benefit of allowing them to count job creations both directly and indirectly.

A Regional Center is an economic entity, public or private, which is recognized by the U.S. Citizenship and immigration Services as a designated participant in the EB-5 Pilot Program. It involves with the promotion of economic growth, improved regional productivity, job creation and increased domestic capital investment. The USCIS acknowledges the feasibility of its econometric models and business plans, and determines that jobs can be directly or indirectly created through investment in the approved industry categories.

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