Regional Center

In 1992, U.S. Congress created the Regional Center Pilot Program in order to promote immigration and investment through EB-5 and further encourage foreign investment in the United States. The Regional Center Pilot Program allows for a portion of allowable annual EB-5 Visas to be set aside for foreigners who apply through a USCIS (United States Citizenship and Immigration Services) approved Regional Center - a private enterprise, corporation or regional governmental agency with a targeted investment program within a defined geographic region. 
 

NYUS Regional Center is a USCIS-designated regional center authorized to facilitate investment opportunities for qualifying projects located within designated Targeted Employment Areas (TEAs). Pursuant to a USCIS-approved job creation methodology, NYUS develops and maintains comprehensive economic analyses to assess and substantiate direct and indirect job creation associated with qualifying projects.

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Prior to participation in a Regional Center EB-5 investment program, each investor is required to independently submit a Form I-526 petition to USCIS for EB-5 visa eligibility. Upon approval and investment in a qualifying project, the investor and their immediate family are granted conditional permanent resident status for a two-year period. During this time, the investor and their dependents are entitled to the same rights and benefits as other lawful permanent residents. 

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Upon successful completion of the conditional period and satisfaction of all program requirements, including job creation criteria, the investor may file a Form I-829 petition to remove conditions on their permanent resident status. Upon approval, the investor and their immediate family obtain lawful permanent resident status without conditions and may subsequently apply for U.S. citizenship in accordance with applicable immigration laws.