Regional Centers

Posted on 12/31/2011 by Mark A. Ivener, A Law Corporation

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Investments through the Immigrant Investor Pilot Program can be made through regional centers and the new commercial enterprise may seek to establish indirect job creation. In these cases, the term “principally doing business” will apply to the job-creating enterprise rather than the new commercial enterprise.

The immigrant investor may seek to have a geographic area designated as a targeted employment area. To do so, the immigrant investor must demonstrate that the targeted employment area meets the regulatory criteria. The regulations also provide that a state government may designate a targeted employment area within its own boundaries based upon a finding of high unemployment.

Taken from USCIS Policy Memorandum regarding EB-5 Adjudications Policy on November 9, 2011.

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Mark Ivener is an experienced business and EB-5 immigration attorney who has written 5 books on Immigration Law as well as has written numerous articles and spoken at many events on EB-5 topics.