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U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 204108000OFFICE OF HOUSINGSPECIAL ATTENTION OF: Regional Center and Satellite Office Directors, Account Executives; PBC As; Owners;
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Regional center is a designated geographic area in the United States where the USCIS has approved a project for immigrant investors under the EB-5 program. Satellite is a location that is affiliated with a regional center and is part of the same project.
The regional center and satellite are required to be filed by the developers or operators of the project seeking EB-5 funding.
The regional center and satellite must be filled out by submitting a Form I-924 application to the USCIS along with all required documentation.
The purpose of the regional center and satellite is to attract foreign investment through the EB-5 program to promote economic growth and job creation in the designated geographic area.
The regional center and satellite must report information about the project, the investment offerings, the job creation estimates, and other relevant details.
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