Regional Center

A for-profit business that qualifies for an EB-5 opportunity. In legal terms, it is known as any economic private or public unit involving the advertising of the development of the economy. It includes enhanced regional productivity, higher export sales, increased domestic capital investment, and job creation. A regional center remains an economic initiative that operates to advertise the development of the economy. It can either be private or public in its way of operation. The actual goal of this initiative is boosting the capital investment of the region, enhance the productivity of the area it covers, generating job opportunities, and much more. These centers are often private or public business units. Due to the project plans, regional centers need to be authorized by USCIS to improve economic development. In some sectors and certain locations, regional centers can make use of EB-5 funds on businesses.

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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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