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How much does it cost to establish an EB-5 regional center?

Which law firm offers the service of establishing a regional center? And approximately how much would it cost for this service? Thanks.

Answers

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    Mahsa Aliaskari

    Immigration Attorney
    Answered on

    Obtaining regional center designation from USCIS involves services from a number of professionals including corporate securities and immigration attorneys, economist, business plan writer, accountant, and marketing specialists. Costs vary depending on the specifics of the regional center plan and proposed project(s). The service providers should be vetted to ensure they are familiar with and experienced in EB-5s as well.

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    Julia Roussinova

    Immigration Attorney
    Answered on

    Establishing a regional center will generally require several professionals to get involved, such as an immigration counsel, economist, business plan preparer, accountant, and marketing specialists. Costs vary depending on the type and extent of the projects involved. Many law firms provided legal services in connection with setting up regional centers. Costs generally run in the range of $100,000-$150,000.

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    Marisa Casablanca

    Immigration Attorney
    Answered on

    Good afternoon, The fees for establishing a regional center vary according to the type of project and the attorney handling the regional center. You should contact attorneys who are specialized in Immigration Law as those are the ones most experienced in this field. Most Bars, such as the Florida Bar, gives board accreditation to attorneys who are specialized in different practices of law. I am an attorney specialized in this field by the Florida Bar. I would be able to assist if you need further information.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    There are costs for legal fees but also for an economist to do the economic knowledge for indirect and imputed jobs, someone to draft the business plan, and business counsel. In some cases securities counsel may also be required depending on the nature of the business. These costs will vary widely depending on the complexity of the business, what has already been done, etc. We would be happy to speak with you and learn more about where you are at in the establishment of your business and put together a quote for the legal work and related services to set up a Regional Center. We have found in many cases setting up a Regional Center was not the best way to go and handling the project as a stand-alone project was quicker and less expensive.

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    Jeffrey E Campion

    Immigration Attorney
    Answered on

    I know our firm does. As it relates to cost, it depends and would require consultations with attorneys.

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    Ed Beshara

    Immigration Attorney
    Answered on

    Our Law Firm BESHARA PROFESSIONAL ASSOCIATION assists with the direction and coordination of all key professionals in the preparation and filing if the Application for Regional Center Designation. An experienced law firm such as ours will determine how your projects may be EB-5 compliant but also marketable. Depending on the strategy you may not have to pay for the set up of the Regional Center or EB-5 project until you have received the investors funding.

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    Philip H Teplen

    Immigration Attorney
    Answered on

    Establishing a regional center can be complex and requires a number of disciplines. Further, each area and project is different. Therefore, it is not realistic to quote a fee estimate for creation of a regional center.

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    Mona Shah

    Immigration Attorney
    Answered on

    The cost of putting up a regional center varies depending upon the project and the amount of work that needs to be completed.The costs are usually anywhere from $115,000 to $150,000 The breakdown of the costs are as follows:

    • Attorney''s fees
    • Economic Report
    • Corporate docs
    • LLC set up
    • Feasibility Report
    • USCIS fees

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    Lei Jiang

    Immigration Attorney
    Answered on

    It normally runs around $100,000 to 150,000. There are many law firms offering such service.

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    Mark Ivener

    Immigration Attorney
    Answered on

    Generally about $100,000. Please contact me and give you my list.

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    Fredrick W Voigtmann

    Immigration Attorney
    Answered on

    Fees for this type of service vary by attorney. A forum such as this is probably not the most appropriate place to discuss fees. If you contact the attorneys directly, then each one can tell you what scope of services they offer, and the fees for each.

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    Susan Pilcher

    Immigration Attorney
    Answered on

    Every legal service provider sets its own rates. You will find that most, including ours, do not publish rates for antitrust reasons.

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    Clem Turner

    Securities Attorney
    Answered on

    There are many immigration and corporate law firms that can help you establish a regional center, many of whom are listed on this website. Prices range, however, I would be wary of someone who quoted a price under $100k, as I would wonder if the securities compliance requirements were being addressed adequately. I would also be concerned about prices over $200k, as excessive. Of course, this assumes your transaction is fairly standard and the deal you intend to give EB-5 Investors is not overly complex. Feel free to reach out to me offline should you want additional information or a more specific quote.

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    Neville M Leslie

    Immigration Attorney
    Answered on

    We do, $40k - $50k.

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    Stephen Berman

    Immigration Attorney
    Answered on

    Many firms can do it, and it would be quite costly to do, you may want to do hourly.

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    Kate Kalmykov

    Immigration Attorney
    Answered on

    Establishing a regional center involves a team of individuals including an experienced EB-5 immigration attorney, securities attorney, economist, business plan writer, marketing agent(s) and accountants. As such, the costs will vary. You may contact me at kalmykovk@gtlaw.com to schedule a consultation to learn more about the regional center designation process and what it entails.

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    David Hirson

    Immigration Attorney
    Answered on

    The cost of the regional center varies dependent upon its complexity and the extent of the projects it intends to undertake. There are several professional services that are required to establish a regional center. The cost will range from about $100,000 and up to $200,000 or more. David Hirson of Fragomen, Del Rey, Bernsen and Loewy, LLP prepares, counsels, reviews all documents and submits them to the USCIS for adjudication.

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    Reza Rahbaran

    Immigration Attorney
    Answered on

    The costs involved in setting up a regional center vary widely depending on the size and complexity of the project opening project. The total fees, which include non-legal ones (such as economists and business plan writers), range from $120,000.00 to $250,000.00. Rahbaran PLLC can advise you on setting up a USCIS accredited regional center.

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    Anthony Korda

    Immigration Attorney
    Answered on

    This is something with which our law firm is very experienced with. However, the costs will depend on a number of factors. Please contact us directly for more information.

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    Boyd Campbell

    Immigration Attorney
    Answered on

    It can cost a lot $100,000 or more in some cases. The Immigration Law Center tries to keep costs down. And because we have established regional centers, the applications do not take as much time as they used to, which is a key factor.

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