This may at first seem a strange question, but when you look at the basics of what different groups want from the EB5 visa process, the implications of the question become more apparent.
Let’s examine what different organizations want from the EB5 visa process.
- The US government devised the program to create jobs in areas of higher unemployment in the USA. Each EB5 visa investment of $500,000 is intended to create at least ten jobs for US workers.
- The EB5 regional center may have different priorities depending upon its set up.
Generally regional centers, or the projects they are offering, need your capital to fund a particular project; however, the mechanics behind the operating philosophies of these centers can vary enormously. Some centers have been in operation from the start of the EB5 program and have a measurable track record. Some with many years experience across a range of business sectors.
Other centers have been approved much more recently by the United States Citizenship and Immigration Service (USCIS), and some of these were formed specifically because the funding for a particular project could not be raised through any of the traditional financing sources.
- You, the EB5 visa investor generally want the quickest safest route to achieve US permanent resident status for your immediate family and the return of your $500,000 capital in a specified period of time.
It cannot always be assumed that the requirements of the three groups i.e. The Government, The Regional Center and Yourself the EB5 applicant will necessarily converge, as can be seen from the following three examples.
The government’s key focus is job creation and there are certainly a number of EB5 programs that have an excellent track record in creating jobs. However, job creation in itself does not necessarily create a financially viable project and there are a number of examples of regional center projects that have created many jobs over several years that have yet to repay any investor funding.
The regional centers key focus is generally to raise funding to carry out a specific project, however, the range and quality of these projects can vary enormously. Some have already raised significant funding from one or more sources where, with others, EB5 investors may be the only source of funding.
The view the key players behind regional centers have of the immigrant investor can be very important. For some the EB5 applicant is simply a source of funding for a business proposal, whereas some regional centers also attach considerable importance to the needs and difficulties of the immigrant family and have a particular integrity tied into the whole process.
For more information on the philosophy, success and failure behind different EB5 regional centers contact the EB5 specialists at Which EB5 by email: info@whicheb5.com or by telephone at +1-561-771-1330
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