New Regional Centers (GA, IL), Legislation Updates, ELIS, Due Diligence

The USCIS list of approved Regional Centers has added another three entries (now 46 new centers in 2013).

Southeast Foreign Investment Center LLC

Chicago Metro Regional Center, LLC
Geographic Area: Illinois counties of Cook, Lake, Will and Du Page
Industry Categories: New Multifamily Housing Construction (NAICS 236116), Commercial and Institutional Building Construction (NAICS 23622), Offices of Real Estate Agents and Brokers (NAICS 53121), Fitness and Recreational Sports Centers (NAICS 71394), Convenience Stores (NAICS 44512)
Approval Notice

Chicago Regional Center

(Note: See my Regional Center directory page for my most updated listings for all RCs. And please email me if you would like to provide additional information regarding your RC.)

Chicago Metro Regional Center has the first designation letter that I’ve seen come out of the new Washington DC office, signed by Daniel Renaud as Acting Chief of the Immigrant Investor Program rather than by the California Service Center. Congratulations! I’m interested in the “Job Creation” sections of recent approval letters, and how they discuss economic model approvals, hypothetical vs. I-526 review, and deference. I also wonder about the significance of NAICS code lists appearing twice in recent approval letters, once under the “Regional Center Designation” heading and once under the “Job Creation” heading. Could this distinction open the possibility for Regional Center codes to be relatively general, even as 4-digit+ codes are used in the economic model? I hear rumors that USCIS may be hammering out a new statement on industry category requirements that loosens the highly restrictive trend toward granular industry approvals.

In other EB-5 news, Congress is continuing to discuss immigration reform legislation that includes significant EB-5 provisions. USCIS is working on implementing electronic filing for I-526 petitions, and held a conference call on 5/23 to discuss logistics and solicit feedback. And due diligence continues to be a hot topic of EB-5 conversation.

About Suzanne (
Suzanne Lazicki is a business plan writer, EB-5 expert, and founder of Lucid Professional Writing. Contact me at (626) 660-4030.

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