by Duresa Sadrija | Guest Contributor | BUSINESS
Regional Centers are private companies licensed by USCIS to offer EB-5 Visa opportunities. Their main responsibility is to qualify projects with huge potential economic impact, able to achieve and exceed the required number of jobs required by the EB-5 program and make sure that the investment is sound and safe. Advantages of pursuing an EB-5 visa through a Regional Center are the following:
1. Exemplar Approval
Obtaining an EB-5 Visa is mainly dependent on two factors: your “Source of Funds” and “Project Approval”. It is important to know that not all projects in the market are approved by the USCIS, this does not mean they are denied, this just means many projects are in the process and have not received an approval yet. Projects with exemplary approval are a safer way for your investment. When a project is approved by the USCIS it means that it has fulfilled many requirements including: testimony of job creation, business plan, use of funds, market and economic feasibility etc. Thus, the main concern regarding your application will be to prove your source of funds.
2. Job Creation
One of the main criteria of obtaining a Green Card through Eb-5 Visa is fulfilling the requirement of creating 10 or more full-time jobs for U.S. citizens. In this case, the benefits of pursuing an EB-5 Visa through a regional center is that they are able to count indirect jobs that are created during the construction process. In general, the amount of money invested in the project will determine the number of jobs created, which makes it easier for investors to demonstrate that their investment has fulfilled the requirements.
3. Live and Work Anywhere in the USA
Another benefit of investing in an EB-5 Visa through a regional center is the ability to live and work anywhere you want in the U.S.A, no matter where the project you are investing in is located. It is a prerequisite that the investor is engaged in the management of those funds invested and the regional center offers that luxury. Teams consisting of professional individuals with expertise in various fields will make sure that the project is being successfully executed and your requirements as an investor are being fulfilled.
4. Safe Investment
First of all, in order to obtain an EB-5 Visa it is a requirement that your money invested remains at “risk” for a certain period of time. Moreover, all the regional centers share a common goal which is: the project is completed successfully, and their investors become permanent residents of the U.S. with their investment repaid to them. To ensure that the project is promising and the risk is close to 0, a whole team of professional experts is involved in this process. Initially, the project goes through market and economic feasibility studies which would then determine the impact of that project within that region. The breakdown of the whole project occurs and due diligence for all the necessary steps is taken. An I-924 approval by the USCIS determines that the necessary requirements are fulfilled, and investors will not be denied because of the project.
The opportunity to live the American dream is a true privilege and the EB-5 Visa program is one of the most secure and fastest ways to get your US permanent residency (Green Card). An EB-5 Visa allows you and your family (your spouse and children under 21) to obtain a Green Card and offers you the possibility to start and live a new life in the “Land Of The Free.”