Posted by GCBI Team on February 12, 2020
Building on a recent report, IIUSA has released another one detailing more regional center stats. Most approved regional centers currently have an age of 60-79 months; 8% have been active for more than 10 years. As of just December 2019, USCIS has terminated 96 regional centers in California, and 33 in both New York and New Jersey. These three states have the most regional centers in the country.
recent IIUSA report provides more data on regional center approvals and
terminations. The top six states for regional center approvals are, ranked from
number one to six, are California, New York, New Jersey, Florida, Texas,
Pennsylvania. While growth for all of these states has flatlined or been
marginal since 2018, we can see different levels of growth in the period
between 2012 and 2018: California had the sharpest acceleration in numbers,
followed by New York and New Jersey. The other three states — Florida, Texas
and Pennsylvania — had much more modest growth during that period.
The age of terminated EB5 regional centers is also explored in the latest IIUSA regional center report. Most of them, 45%, were terminated between 40 and 59 months. The second-highest group were terminated between 20 and 39 months. So we can see that, overall, if a regional center is going to be terminated, it will happen between 20 and 59 months, or a period of just over a year and a half to almost five years.
Read the IIUSA report
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