The EB-5 Regional Center Pilot program should be
made permanent or be extended for another five years.
However, with approximately 500 regional centers that
were designated but the majority of them not active,
investors are at a loss in distinguishing legitimate ones
from bad ones. This, coupled with immigration brokers Jinhee Wilde
from overseas aggressively marketing RC projects that
pay the highest finder’s fee, has left the EB-5 program exposed to fraud
that could derail the whole program. Thus, I think USCIS should only
approve regional centers with real, shovel ready projects. Also, if a regional center has not completed any successful EB-5 project in 3-5 years since
inception/designation, then the RC designation should be automatically
terminated. This way USCIS could stop wasting time reviewing and
designating so many regional centers and redirect their limited resources
to adjudicating I-526 applications in more timely fashion.
-Jinhee Wilde, Wilde & Associates
The most important reform in the EB-5 program is
also likely the easiest to change. Allow for a guarantee
of the investment return for regional centers. That
change is simple, easy, and impactful for individual
investors.
-Charles Kuck, Kuck Immigration Partners
Charles Kuck
What reform would I like to see in the EB-5
program? That is easy…permanent program.
-Peter Joseph, IIUSA
★
Advertisement FINAL With Bleed copy.pdf 1 05-Feb-14 1:57:05 AM
Peter Joseph
C
M
Y
CM
MY
CY
CMY
K
w w w. E B 5 I n v e s to r s . c o m
59