You are asking a lot of good, sophisticated questions. We definitely recommend retaining qualified and experienced EB-5 counsel, like our law firm. Going in order: You can have multiple Regional Centers in a state, or even in one city! You will have to submit business plans for any project used to support the regional center designation (that is, to establish the geographic area and industrial classifications, or to obtain pre-approval of the project). Approval can take at least 12 months. For additional projects you can obtain pre-approval through an amendment or begin filing investors with the new project and allow the Investors’ I-526 petitions establish the project with USCIS. You EB-5 attorney can be located anywhere in the U.S. (we represent regional centers and projects all across the U.S., not just in Florida). The investment funds can be used at different times during the process, depending on how the documentation and plans are drafted.
The first step is for you to retain the services of an experienced EB-5 attorney to assistant and direct you in the type of documentation information you need in preparing and filing the regional center application for designation. In addition the EB-5 attorney who has the expertise and experience will direct you to a team of professionals that will assist in preparing the required documentation for the Regional Center application including the business plan, the economic report, and a feasibility study. The regional center application might be filed with a hypothetical project or actual project documentation. Please note that the regional center program allows more than one EB-5 regional center to be located in anyone city or region. The US EB-5 rules and policies allow the foreign national investor to either have invested their personal funds or be in the process of investing the personal funds in the EB-5 project. These investments therefore can occur before the foreign national investor obtains the conditional permanent residency visa.