Designated Regional Center

Before obtaining an EB-5 investment, regional centers must file Form I-924, the Application for Regional Center Designation Under the Immigrant Investor Program. A Regional Center can take part in the Immigrant Investor Program once they are approved (designated). Designation assures that the Regional center is compliant with US security laws or suggests the investor is at minimal risk. It is not indicative of an endorsement by the USCIS for the regional center.

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EB-5 Program Update:

The EB-5 Program has lapsed. The US Congress is discussing the legislation that authorizes the program while USCIS reviews the regulations and policies for filing. Because of the recent court ruling that reversed the 2019 Modernization regulations, the investment level has shifted temporarily from $900,000 back to $500,000.

If the program is reauthorized before the regulations are updated, there may be another window of opportunity to file at $500,000.

LCR expects the program to be reauthorized in December, and continues to work with international families that want to explore alternative residency options.

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