There currently are more than 200 regional centers that have been approved by the USCIS. Some of the approved regional centers have been around for a long time and have an established track record of success. Others are relatively new and untested.
So how can you tell which one to use for your EB-5 visa application?
Choosing a Regional Center
It’s critical that the regional center you choose continue to exist throughout the condition removal process. Also important is predicted job creation — indirect and direct — actually occurring. So the choice of a regional center is an important one.
Before selecting a regional center, investors should settle on a specific investment project. A lot of regional centers have multiple projects. But just become one of their projects has been successful doesn’t mean they all will be.
Questions You Should Ask
When selecting a regional center, the first step is to come up with a list of questions you can ask so you can address your investment requirements and find the right project for you. Your immigration attorney can help you develop this list or can steer you towards the general types of questions you should be asking.
Here, then, are some questions to help you get started:
- How many I-526 petitions have been filed by investors at your particular regional center? Of these, how many were approved and how many were denied?
- How many I-829 condition removal approvals have investors in the regional center received and how many were denied?
- Has the regional center’s project already been reviewed and approved by USCIS? If so, when did it receive approval?
- Is the regional center affiliated with any government entity? Which ones?
- How many years of experience do the general partners or principals in the investment project have in working with the EB-5 visa program? How many years in developing projects that create jobs?
Doing your due diligence before selecting a regional center to invest in will help improve your chances of success in the EB-5 visa program.