How does the I-956F approval help make the EB-5 project safer? - EB5Investors.com
Questions & Answers > EB-5 Direct Investments, EB-5 Investments

How does the I-956F approval help make the EB-5 project safer?

Two of the regional center projects I am reviewing have I-956F approvals, and the third is a direct investment, which I understand does not undergo this type of scrutiny before the USCIS. Should I invest in a regional center project that already has an I-956F approved?

Click here for a Free Evaluation

Answers

Bernard P Wolfsdorf

Bernard P Wolfsdorf

EB-5 Immigration attorneys
Answered on

We strongly recommend choosing a project with 956F aproval, but caution because this only means the project is expected to be complaint in creating jobs. There is the question of whether it proceeds and does create the jobs and then the biggest issue is whether you can get your investment capital returned after a few years.

Jinglan Wei

Jinglan “Jane” Wei

EB-5 Immigration attorneys
Answered on

An I-956F approval essentially serves as a "pre-clearance" from USCIS, confirming that the project’s business plan, job creation model, capital structure, and economic methodologies comply with EB-5 standards. Because the agency "locks in" these project-side findings, the risk of a project-level denial is virtually eliminated. This allows the officer to focus on your personal Source of Funds, which often leads to a faster and more predictable adjudication process for your I-526E petition.
However, while an approved I-956F confirms the project is compliant for immigration purposes, it is not a government guarantee of profit or the return of your capital. You should still conduct due diligence to ensure your investment is as financially sound as it is legally compliant.

DISCLAIMER: the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal, immigration, and financial experts prior to participating in the EB-5 program. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public: do not include confidential information in your question.