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Question:

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Is the EB-5 Adjudications Policy Memorandum that was just released going to make it easier for potential Regional Centers to be approved or just making it easier for existing RCs to add new geographic locations and industries? Is the amendment process just being thrown out the window?

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Answers:

July 30, 2013 13:40 Ed Beshara

The new policy memorandum has many benefits for existing regional centers as well as EB-5 projects. The main advantage is that the EB-5 PROJECT does not need to obtain pre-approval for new industry codes and geography, which is a substantial advantage. For marketing purposes I-924 Amendments may be filed to obtain pre-approval of projects which might include new industrial codes as well as new geography.

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