What happens to my application if my regional center is closed? - EB5Investors.com

What happens to my application if my regional center is closed?

What could happen to my EB-5 application if my regional center is terminated or the new commercial enterprise (NCE) they created for the project is debarred?

Answers

Yuliya Veremiyenko-Campos

Yuliya Veremiyenko-Campos

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Answered on

Under the EB-5 Reform and Integrity Act (RIA), which became effective in March 2022, you can retain your EB5 priority date even if the regional center associated with your project was terminated. However, you would need to make a qualifying investment in another new NCE.

Lynne Feldman

Lynne Feldman

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Then you need to retain counsel to go through the options for redeployment or other scenarios.

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