Faqs
Below is a list of our most popular Frequently asked questions & answers:
A “Regional Center” is any economic entity, public or private, which is involved with the promotion of economic growth, improved regional productivity, job creation and increased domestic capital investment such as Corsello Capital Regional Center.
Currently, the minimum amount of investment is $500,000 if the project is located in TEA or $1,000,000 outside of an TEA.
US Immigration defines a targeted employment area (TEA) as an area which, at the time of investment, is a rural area, (not within either a metropolitan statistical area (MSA), as designated by the Office of Management and Budget, or the outer boundary of any city or town having a population of 20,000 or more), or an area within an MSA or the outer boundary of a city or town having a population of 20,000 or more which has experienced unemployment of at least 150% of the national average rate.
If the location of the proposed new business is not a TEA, the investor has the option to gather the relevant publicly available state or federal statistics on their own and submit it with their petition for USCIS to have a new TEA determination made. There is no centralized list of TEAs.
The I-526 Immigrant Petition by Alien Entrepreneur is the United States Citizenship and Immigration form filed by the EB-5 investor or the investor’s attorney to demonstrate that they are in the process of investing, or have already invested the required amount of capital in an EB-5 project. Typically I-526 petitions are prepared on behalf of EB-5 applicants by an immigration attorney
No, there are no countries that are excluded from participating in the EB-5 Program, however, some of the countries under the United States sanctions may require additional documentation. Please check with your immigration attorney.
Yes, Throughout the process, EB-5 investors are subject to the same background checks and national security screenings as applicants in any other visa category, and their ability to eventually apply for citizenship is subject to the same criteria as other visa holders. In addition, EB-5 investors must provide proof about their source of investment funds
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No, return of the investment cannot be guaranteed and it is against the EB-5 laws and regulations. In fact, if the EB-5 investment is guaranteed, the investor’s application will be denied by the US immigration.