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Question:

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My business currently works developing nursing homes and assisted living facilities. The EB-5 program looks to be a good way to get funds and investors for these kinds of projects. Would it be best to present my proposal to an existing regional center and collaborate with them or can I make my business a regional center? What is needed to become a regional center, is it ok if it's only a 1 year old business? Is all the hassle worth the RC authorization?

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Answers:

July 30, 2013 13:39 Ed Beshara

Our Law Firm has experience and expertise in preparing EB-5 compliant projects in respect to assisted living facilities and nursing homes. Depending on your timeline to start an EB-
5 PROJECT, it will determine whether you want to associate with an existing regional center or alternatively set up your own. In fact, this past week the new EB-5 policy memorandum gives more opportunities to EB-5 projects to expand their operations into new geographical locations.

Your choices will need to be analyzed and reviewed by an experienced EB-5 attorney.

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