Home USA EB-5 Immigrant Investor Regional Centers - Compliance Issues

EB-5 Immigrant Investor Regional Centers – Compliance Issues

What if you are a US business developer or business owner and want to create a Regional Center for the EB-5 green card through investment program? ? The EB-5 immigrant investor program went through major changes on November 21, 2019. For a foreign national to obtain a green card, the required minimum investment was increased to $1.8 million. The minimum investment for a TEA (Targeted Investment Area) was increased to $900,000. As an alternative to creating their own businesses, immigrant investors can invest in a Regional Center. Regional Centers are designated by USCIS. If a business owner wants to create a Regional Center, they must apply with USCIS, and meet certain requirements. You must plan what the overall job creation of the Regional Center will be, as each individual EB-5 investor’s investment must create 10 direct or indirect jobs. The company should hire an experienced economist to make an economic forecasting model in order to show job creation. The would-be Regional Center must have a detailed business plan.
There are highly complex compliance issues with EB-5 Regional Centers that you need to take seriously and have effective compliance programs to address the following federal agencies concerns and regulations: 1) OFAC (Office of Foreign Asset Control) economic sanctions; 2) CFIUS (Committee on Foreign Investment in the US); 3) SEC (Securities and Exchange Commission).
We help immigrants, their businesses and employers with legal issues, including immigration, economic sanctions, export controls and other trade issues. Law Office of Heidi J Meyers, 11 Broadway, Suite 925, New York NY 10004, heidimeyerslaw@gmail.com, (212) 791-4007 and (646) 508-5225

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