How important is a history of “100% Approval” when considering an EB-5 Regional Center? (Part 1)
Some EB-5 consultants will lead you to believe that you should ONLY be considering an EB-5 Regional Center that has a 100% approval on the I-526 application (this is the initial application made by the Immigrant Investor that will result in the ability to obtain the “conditional green card”), however we believe that you should look beyond the claim from the Regional Center of having 100% approval and look more closely at the actual Project you will be investing into – keep in mind that as an EB-5 Investor you will typically be investing into a Limited Partnership that will be part of a specific business or development – you are not investing into the Regional Center (this is a very common misconception).
The Regional Center is typically a separate business entity that is raising money for another business or property development and it is critical for the prospective investor to look closely at that particular business. Just because a Regional Center has had 100% success in obtaining conditional permanent residency for applicants into previous projects it does not guarantee that they will have the same success with the current project.
It is very important to not only review the Offering Documents of the Project but to also review the Business Plan and the Exit Strategy which should clearly explain how you will receive your money back at the end of the agreed upon investment term.
To learn more about how Exclusive Visas can help you obtain information on various Approved EB5 Regional Centers and Approved EB-5 Projects please email Fred Burgess or Joe Sloboda at email@example.com or telephone our offices by dialing +954-727-9800