How can an entity become a regional center?
Entities seeking to be designated as a regional center are required to file Form I-956, Application for Regional Center Designation. USCIS will be publishing this new form, including the form instructions, with additional information regarding the filing process by May 14, 2022.
Is USIF a USCIS designated regional center?
Yes, U.S. Immigration Fund was designated as a regional center by USCIS in 2010. As of May 13th, 2022 USCIS has launched a new regional center program that requires Form I-956 for Regional Center Designations. With the EB-5 Reform and Integrity act that repealed the previous Regional Center Program as a result, previously designated Regional Centers must reapply by filing the new Form I-956, Application for Regional Center Designation. USIF previously offered projects through regional centers across the country, and operates regional centers in California, Florida, New Jersey & New York and look forward to doing so again once I-956 approvals happen per project.
What is USIF’s role in the EB-5 Process?
USIF organizes and manages new commercial businesses that foreign investors can invest in, for the purpose of obtaining a U.S. Visa under the EB-5 program. USIF owns regional centers that manage the EB-5 process through foreign agents, immigration attorneys and the U.S. Citizenship & Immigration Services (USCIS). The process includes business plans and reporting as well as preparation of the securities offering documents that meet USCIS requirements.
What resources will USIF provide me with?
USIF’s EB-5 project selection includes “best in class” EB-5 project options that meet 100% of the government’s EB-5 program requirements. USIF also structures the EB-5 project for safety and security for the investor, and provides oversight of the project, developer and the investment. USIF is backed by a strong network of immigration attorneys and developers.
What distinguishes the projects that USIF is/will be affiliated with?
USIF partners with some of the top real-estate developers in the world, and projects typically entail the construction of large-scale commercial and residential buildings. Our team is comprised of a robust network of immigration attorneys as well as experts in commercial lending, construction, finance, legal and marketing fields. With a unique and successful approach, we continue to raise funds and are involved with some of the most recognizable EB-5 projects in the history of the program – from New York to California.
Will USIF assist me in obtaining my Green Card?
Your immigration attorney oversees and prepares the entire application process.
Are previously designated regional centers able to maintain their designation without filing a Form I-956, Application for Regional Center Designation?
No. The EB-5 Reform and Integrity Act of 2022 repealed the legacy Regional Center Program. As a result, previously designated regional centers must reapply by filing the new Form I-956, Application for Regional Center Designation.