Sixteen EB-5 (Immigrant Investor Program) Regional Centers Terminated Recently

Sixteen EB-5 (Immigrant Investor Program) Regional Centers Terminated Recently

Posted on February 19, 2015
EB5 Immigrant Investor Program

On January 9, 2015, USCIS terminated sixteen EB-5 regional centers. USCIS terminates regional centers that are inactive, fail to submit Form I-924A, or lack economic growth. The following terminated regional centers may not participate in the Immigrant Investor Program:

  • Ecorntech Regional Center, Wisconsin
  • El Monte Regional Center, California
  • Gateway Georgia Regional Center, Georgia
  • Hollywood Beach Regional Center, Florida
  • Intercontinental Regional Center Trust of Chicago, Illinois
  • Invest US Regional Center, Wyoming
  • Kansas BioFuel Regional Center LLC, Kansas
  • Lake Buena Visa RC, Florida
  • Mamtek Regional Center, Missouri
  • Michigan Renaissance Regional Center, Michigan
  • North Carolina Center for Foreign Investments LLC, North Carolina
  • South Florida EB-5 Regional Center, Florida
  • South West Bio Fuel RC LLC, Texas
  • Unibex Global Corporation, Texas
  • USA Now Regional Center, Texas
  • Victorville RC, California

 

Reason for Termination

The participation of regional centers in the Immigrant Investor Program may be terminated due to the failure of:

  • Submission of Form I-924A, requested by USCIS to demonstrate the continued eligibility of center on an annual basis or on a cumulative basis; or
  • Required promotion of economic growth.

 

Effects of Termination

Upon termination from the EB-5 program, the terminated regional centers will no longer be able to request, initiate, or promote investors or investments for any other EB-5 related projects. They also will not participate in any Immigration Investor Program.

How Does It Affect the Applicant?

If you are going to be a part of the immigrant investment program, you should be aware of the USCIS terminated regional centers. You should not use an investment in a terminated regional center to establish eligibility for immigrant status beneath the Immigrant Investor Program.

Get more information about EB-5, Investment-Based Green Card, visit EB5 Green Card Program.

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