If your goal is to immigrate to the United States as quickly as possible, then you may have considered the EB-5 immigration program. One of the most significant decisions you will make with this program is where to invest your money. Many places in the United States need your help, whether it’s saving a company, creating ten jobs, helping improve the local economy, or all three. You will need to look at the characteristics of each of the more than 50 regional centres in the United States that accept the EB-5 immigrant visa, and location will likely be a significant factor in your decision.
1) Think about the industry you want to be a part of.
While the primary goal of most regional centres is, of course, stimulating the local economy and creating jobs, many have a more specific purpose. For example, there are centres in Los Angeles that focus on improving the film and television industry, so if you like it, consider applying there. Las Vegas centres specialize in the hospitality industry like most companies in the area, so if you’re interested in hotels, bars, casinos, and entertainment, use the EB-5 immigration program there. It’s like looking for a job. You will be happier if the job interests you, no matter how much you participate in the day to day operations.
2) Think about the location.
If you prefer to lean on the coast, then obviously regional centres are in regions like California, Washington, Oregon, Florida, New Jersey, etc. It will likely catch your attention first. If you love tropical places, consider Hawaii. If you are interested in the Midwest, Illinois and other central states also have regional centres. Even if you choose not to use your EB-5 immigrant visa in a local centre, you can open your own business anywhere you want, in which case you have more options when it comes to location.
3) Ask yourself if you will live near the regional centre of your choice.
If you are using your EB-5 immigrant visa in an area with low employment rates, you will not have to live near the centre at all. You can live all over the country if you don’t want to participate in the day-to-day operations. This might work, for example, if you are interested in making movies in Los Angeles but prefer living in a snowy rural area, such as Vermont. You can invest your money in the regional centre that interests you the most by living elsewhere.
Whether you are using your EB-5 immigrant visa in a regional centre that needs your help or chooses to open your own business, you have options. Deciding where to apply is one of the first steps in obtaining this visa, and it is essential to gain knowledge of how to choose a location before committing to a specific field. This program offers some flexibility, so you don’t have to live in a place you don’t like just to be involved in an industry that interests you. Knowing this can save you from having to enrol in a program that you are not interested in or perhaps live in a place that you cannot afford.