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Who approves EB-5 projects?

I am doing a project and wanted to know how I can get it approved to receive EB-5 investments. Who approves the projects?

Answers

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    Julia Roussinova

    Immigration Attorney
    Answered on

    A project submits the I-924 with USCIS to get an approval. Alternatively, you may look into direct EB-5 or rent a regional center.

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    Charles Foster

    Immigration Attorney
    Answered on

    The U.S. Citizenship and Immigration Services have approved the individual EB-5 I-526 petitions that describe each project per applicable statutory and regulatory requirements.

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    Vaughan de Kirby

    Immigration Attorney
    Answered on

    An application is made with USCIS. I recommend you consult with an experienced investment immigration lawyer who has successfully applied for regional center designation for other projects.

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    BoBi Ahn

    Immigration Attorney
    Answered on

    The project does not require "approval" in order to receive EB-5 investment funds; however, in order to attract EB-5 investors to the projects, the project can either apply for a regional center designation (and along with it file an exemplar petition to vet the project through USCIS) or "rent" a regional center with a proven track record, or can also forgo qualifying under the regional center and opt for EB-5 investments as a direct investment project. There are a few options, with the end goal being choosing the route that would attract the most EB-5 investment funds/investors.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    USCIS with a Form I-526 and supporting documents. If you are also trying to get a designation as a regional center, then you need to first file Form I-924.

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    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    The Immigrant Investor Program Office (IPO) of the USCIS approves the project by submitting a Form I-924 exemplar.

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