How can a permanent resident become a regional center principal? - EB5Investors.com

How can a permanent resident become a regional center principal?

I want to set up an EB-5 Regional Center, but I am currently a U.S. permanent resident, not a citizen. Am I still qualified to apply to create an EB-5 Regional Center as a regional center principal? What obstacles could I have with my status?

Answers

Shahzad Q Qadri

Shahzad Q Qadri

RC Creators
Answered on

Your status does not preclude you form establishing a regional center.

A Olusanjo Omoniyi

A Olusanjo Omoniyi

Immigration Attorneys
Answered on

As a permanent resident, there is nothing that bars you from becoming an EB-5 Regional Center principal. By the way, you do not need to be a U.S. citizen to become an EB-5 Regional Center principal.

Fredrick W Voigtmann

Fredrick W Voigtmann

Immigration Attorneys
Answered on

There is no statutory or regulatory requirement as to the immigration status of a regional center principal. Therefore, you should not face any immigration law related obstacles in becoming a regional center principal.

Ed Beshara

Ed Beshara

Immigration Attorneys
Answered on

A principal or owner of a regional center corporation can be either a U.S. permanent resident, foreign national or a U.S. citizen. There are no obstacles, in fact we represent clients who fall within the different categories mentioned above.

Salvatore Picataggio

Salvatore Picataggio

Immigration Attorneys
Answered on

As long as you are legally able to own a U.S. business and register that U.S. business with the state in which your proposed regional center will do business (as regional centers are usually LLCs, LPs, etc.), I don''t why you couldn''t be a regional center principal.

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