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How can I team up with a Regional Center for an EB-5 project?

I own a solar company with several large, multi-megawatt solar projects in my pipeline. I additionally have 15 EB-5 investors from China, each with a million dollars to invest. I would like to fund these projects through a Regional Center using my EB-5 investors. How would I interact with the Regional Center, since the projects are owned by my company? For working with the Regional Center, what do they receive? Do they just receive a fee for their services in helping to get my solar projects qualified? Any help would be much appreciated.

Answers

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    Reza Rahbaran

    Immigration Attorney
    Answered on

    You will need to team up with a regional center that is located in the geographical area you wish to develop your project. Generally, there are fees involved which will vary by each regional center. It would be prudent to first consult an EB-5 attorney to make sure your project qualifies and help with negotiating the fee with the regional center. For further information please contact Rahbaran & Associates.

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    Julia Roussinova

    Immigration Attorney
    Answered on

    You may want to do research and contact established Regional Centers in your industry to determine if they could host your project for a fee.

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    Lei Jiang

    Immigration Attorney
    Answered on

    You need to talk to interested regional centers. They will tell you the requirements and their fees.

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    Shahzad Q Qadri

    RC Creator
    Answered on

    This is a loaded question and will be hard to answer in a short email response. However, generally, if you are not establishing your own RC you can certainly collaborate and/or rent a RC. The RC principals generally will require some fee upfront plus some sort of fee per investor. In some cases they may require some equity interest in the project.

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    Margo Chernysheva

    Immigration Attorney
    Answered on

    Contact Regional Centers approved for your geographic area and industry and see if there is any interest. You can call my office if you need more info.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    You may be better off starting your own Regional Center or even doing a stand-alone project. Most established Regional Centers already have their business plans and economic studies done prior to designation so adding your solar project will almost certainly require an amendment at a minimum. I would be happy to discuss your case with you and help you sort this out if you want to call for a consultation.

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    Boyd Campbell

    Immigration Attorney
    Answered on

    Call a regional center whose geographic boundaries cover the location you wish to develop and find out whether the regional center''s business plan provides for hosting EB-5 projects and has been designated for your industry.

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    Marisa Casablanca

    Immigration Attorney
    Answered on

    Our firm has extensive experience creating umbrella projects for EB-5 investors. We would assist in negotiating with a regional center so that you can use their regional center for your investment. The process would only take a few months. Let me know if you wish assistance with this.

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    Jor Law

    RC Creator
    Answered on

    You would just have to talk to the regional center to work out a deal whereby they agree to run your project through their regional center. You would have to make sure the regional center is approved for your industry class and geographic location, or they would need an amendment to encompass your project. As for what the regional centers would ask for, it really varies from regional center to regional center, and how much service they are expected to provide. It could range from a very low flat fee to a high fee including annual servicing/administrative charges.

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    Bill Travis Klein

    Immigration Attorney
    Answered on

    It sounds to me like you may want to by pass the regional center if you have your own business plan. One of the main reasons for a Regional Center is to provide investors a business to be part of without creating their own business plans and reduce the investor''s level of involvement in direct management of the business venture. You could attempt to find a Regional Center that is involved in your type of venture and work with them if it is possible. A consultation with an Immigration Attorney can help determine the best way to proceed with your investment. The regional center would receive a fee for getting your plan qualified and managing the business venture generally speaking.

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    Rana Jazayerli

    Immigration Attorney
    Answered on

    To team up with a regional center, the first thing you need to do is identify one that is approved to operate in the geographic area where you are located, and further, that is approved to engage in projects in the energy industry. This is essential to allow the regional center to sponsor your project as one that will qualify investors for U.S. permanent residency under the EB-5 program. Once you have identified one (or more) regional center(s) that meet your criteria, you contact them and ask if they would be interested in sponsoring your project. All regional centers are different, and some will want to play an active role in the actual project development and others will simply grant you a use agreement to "use" to qualify your project as part of their regional center. Most fall somewhere in the middle and will be responsible for handling the EB-5 / immigrant investor side of operations, and allow the developer to focus on the actual project. As for fees, this is variable and depends on the agreement you reach with the regional center.

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    Mark Kowalewski

    Immigration Attorney
    Answered on

    Thank you for your inquiry regarding the EB-5 Program. I think you are wise to seek the guidance from a regional center, we had a battle with USCIS on a project and it was key having the experience of a regional center to draw upon. You do pay for their service but they earn that fee. I''d be happy to put you in touch with the one I know best to determine their interest in your project. They are in the Southwest.

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    Shae Armstrong

    Immigration Attorney
    Answered on

    I would suggest submitting your business plan. I could list you regional centers that would be interested.

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    Robert West

    Immigration Attorney
    Answered on

    Regional centers are all different. However, if you want them to assist with a project through their center, you can negotiate. Let me know if you are interested, I know of a center that would be willing to listen to a proposal and if the details are right, this would get the project off the ground.

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