The 10-employee requirement deters many immigrant investors. To resolve this, in 1993, an option was created whereby immigrants may invest $500,000 or more in CIS-designated “Regional Centers” in a high unemployment area.
In this program, a promoter makes a proposal to the CIS. If the CIS finds it will benefit a regional economy and shows potential for providing significant indirect employment, the project will be designated a Regional Center. With CIS approval, the promoter forms a limited partnership or corporation. Investors may apply for green cards upon making the investment.
Investors in a Regional Center do not have to have day-to-day management responsibility or prove the business employs 10 people. Instead, they may rely on industry job multiplier statistics. A Regional Center means that the CIS is satisfied with the job creation potential.
Visainvester.com can provide you with information about specific Regional Center Investments for you to perform due diligence analysis after the preliminary questionnaire is filled and return to us.