Articles

What Should you Know when Considering Rental EB-5 Regional Center?

by Asad Waheed Consultant

Today, more and more developers have begun to depend on the EB-5 program to raise capital for their projects. Direct investment and regional center investment are the two investment models, but the regional center is more often employed because it comes with a broader view of economic impact, resulting in higher employment numbers and a large amount of EB-5 capital from growing number of investors. Once the decision is taken to raise capital through a regional center, the developer must choose whether to consider rental EB5 regional center or to form a new regional center.

Choosing either to Rent or Form a Regional Center

 As with any business endeavor, the two most primary concerns for any developer looking to set up a new EB-5 center are time and money. In order to obtain approval as regional center from US citizenship and Immigration Services, it is necessary to submit form I-924, the Application for Regional Center. Developers must take their decision whether they are prepared to wait through the usual processing time. Not only does it frequently take months to compile legal and financial documentation that comes with an application, the petitioner might wait for a year or so to receive USCIS approval. Developers who have chosen rental EB5 regional center will be required to perform through due diligence on regional centers that are candidates for their project and ensure that the terms are clear before signing.

Finding a Regional Center for your Project

 One of the simplest ways to determine whether a particular regional center is a good match for your project is to request a copy of its USCIS designation letter, which actually lists the regional center’s USCIS approved geographical scope and its industries of focus. After finding the apt regional center for the project, the developer should research the center so as to ensure that it is reputable, professionally operated, properly insured, and comes with a history of successfully completed projects. For both investors and project developers, it is ideal to collaborate with a regional center whose interests are very closely aligned with their own.

Moreover, the rental agreement for EB5 regional center should be closely verified that it serves the interests of the developer and that the agreement clearly conveys the terms and conditions to which they have agreed. So are you ready to proceed?  


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About Asad Waheed Advanced   Consultant

177 connections, 2 recommendations, 434 honor points.
Joined APSense since, February 3rd, 2018, From New Delhi, India.

Created on Feb 19th 2020 23:52. Viewed 454 times.

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