Hi everybody.
Jacob here, recording this video from Israel.
I am at the Dead Sea right now.
And in this video, we'll talk about how to choose an EB-5 regional center.
How do you choose?
There are so many of them, more than 200.
Watch this video and learn more.
So, how do you choose a regional center?
There's so many of them out there.
There are more than 200 regional centers all over the US.
How do you know which one to invest that you know your money would be safe.
You get your green card and eventually get your money back.
So as you know, the regional centers are in charge of bringing buildings, malls, hotels,
resorts.
Primarily, that's most of them.
That's what they do.
Some of them are also involved in energy work and other things, but predominantly they're
real estate projects.
And so as a result, we really have to look into few factors.
First of all, what is the experience of the regional center?
How long have they been around?
How many I-526 and I-29 approvals have they produced over the years, meaning the conditional
green card and the permanent green card.
It is really important to know what is their track record before you give your money to
any of these regional centers.
The other thing you have to look at is their experience in their industry.
Are they predominantly real state or they're mostly a loan-based project? we really have
to understand what the regional center is about and whether they've been changing their
positions over the years.
But typically, we will always want to go with the ones that are focused on one particular
area, which is a real estate or if it's construction or whatever they do.
You want to be able to focus on that one particular area.
So, the other thing is you have to look at is timeline.
So, what are some of these timelines?
What is the capacity of the regional center to sell its investment units?
So, this way you're not going to be stuck.
How many investors is it attracting on a monthly basis?
In which countries this regional center is active and does really well.
And so again, it's very important to be careful from projects that overly promise and not
really delivering anything.
So, it's really important to focus on those factors when you're talking about timeline.
The other thing we're looking at is who's behind the region center, which is the management
team.
So, what is the partner's experience in managing multi-million dollar projects?
What projects have these partners successfully completed in the past?
So, you really understand who's behind this project?
Where they're coming from?
Are they based in the US?
Are they now in the US?
It is really important to know who is running each regional center before you invest your
money in it.
Another factor is job creation.
You have to evaluate the job creation methodology.
The most developments should take a conservative approach in estimating direct, and indirect
jobs.
The primary focus should be on whether the methodology used in these job forecasts is
reliable and reasonable and tested.
Right?
So, that's...the reason is because, if it's not reasonable, the chances of the project
completing where they're supposed to be doing it is not going to happen.
So, and obviously [inaudible], you're never going to be able to get your green card and
you won't be able to get your money back.
So, it's really important to understand what is the job creation methodology for each regional
center.
What is the financial viability?
Do they have enough money to finish the projects?
Are they being funded?
Who else is funding the projects outside of the investors?
Who's backing them?
What banks are behind them?
So, the financial viability of the regional center is really important.
If it's a loan-based model, it should be sufficiently collateralized to be able to finish it.
So make sure you check those things.
At the end of the day, it is the investor's due diligence that is here at stake, right?
It is up to you, the investor to choose the regional center.
Talk to your attorney to make sure that you understand what they're doing, how they're
using the funds and what are the vendors before, how many times [inaudible] before, how many
investors that they were able to produce?
And so, you know that you put your money in a safe place and you know that, hopefully
in few years, you're going to be able to, not only get your green card but also get
your money back.
So, do your due diligence, work with somebody who understands the EB-5 program.
And always remember, never trust what one person tells you.
Always double-check, double research because there's a lot of fraud in those projects and
in a program.
And so it's really important to work with reliable people, reliable projects and reliable
partners.
So, hopefully, you find this information useful.
If you do, make sure you leave us a comment, let me know what other videos are actually
[inaudible] to make and don't forget to subscribe.
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may want this information as well.
Thanks for watching.
I will see you in our next video.