| If you have made the decision to use the eb-5 visa to | | | | This center was approved by USCIS in fall 2008, and |
| get to the United States, you have many options. You | | | | has been helping immigrants use the eb-5 visa |
| might choose to create your own business using a $1 | | | | program to both enter the United States and improve |
| million investment, or you could save money by | | | | the economy ever since. The regional center's officials |
| investing it in a regional center with high unemployment | | | | have pledged to make sure investors all satisfy the |
| for $500,000. If you choose the latter and have always | | | | requirements for the program, including the creation of |
| wanted to visit or live in New York, one regional center | | | | at least ten full-time jobs for US citizens. As with most |
| in particular might interest you. | | | | regional centers, you can choose whether to live in the |
| The New York City Regional center, or NYCRC, is a | | | | area or even out of state, and you can also decide |
| major regional center that affords investors the | | | | how involved you want to be in the daily operations of |
| opportunity to help improve one of the most dynamic | | | | the program. If you choose not to be involved but |
| economies in the world. Like other regional centers, | | | | simply invest money and move elsewhere, you will be |
| you do not have to live in the area to use your eb-5 | | | | updated regularly with the progress of the project. |
| visa there, but considering the popularity of New York, | | | | The NYCRC also has officials on-hand to answer any |
| many people do indeed choose to settle in the same | | | | questions before you commit to this center. You |
| area. There are several reasons to consider this | | | | should first know that your funds will be kept in a |
| center as the place to use your eb-5 visa. | | | | protected escrow account at HSBC until your petition |
| The main projects that the NYCRC focuses on | | | | for this program is officially approved. This is for your |
| involve real estate. Most projects include investments | | | | safety. If the petition is not approved for some reason, |
| of anywhere from $2 million to over $300 million, which | | | | the money will be returned back to you. Clearly, you |
| means that your funds will likely be pooled with those | | | | have nothing to lose by applying to use your eb-5 visa |
| of several other investors. Office buildings, retail shops, | | | | at NYCRC. |
| hotels, restaurants, public use buildings, and residential | | | | The steps to enroll in the NYCRC are similar to those |
| buildings are all included as possible projects completed | | | | at other regional centers. If you are interested in real |
| by this center. Considering the number of structures in | | | | estate, especially the opportunities available in the Big |
| New York, and the need for more based on the | | | | Apple, this center will likely appeal to you. To find out |
| population, there are plenty of opportunities to make | | | | for sure, you can contact the center and ask any |
| money from your investment of $500,000. | | | | questions that come to mind before committing. |