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Question:

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What is the timeline for establishing an EB-5 regional center and TEA certification? I would like to establish my own regional center. How long does the process take assuming timely submissions? If the regional center will be in an as-of-yet not-certified TEA, how long would TEA certification take? Would it be approved by the time my regional center is approved?

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Answers:

February 10, 2015 17:32 Ed Beshara

Our law firm has the experience and expertise in preparing successful applications for Regional Center Designation. In fact, we recently prepared an application with a hypothetical project and it was approved within 45 days of submission.however, we candy guarantee the EB-5 office of the USCIS will always be consistent in the timing if the application approval. We also have seen a 5 months turnaround time. Each State has their own policies regarding the TEA designations. Qualified Economists may assist in the calculations and analysis for the TEA's.

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