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Regional Centers as defined by Jennifer Hermansky

A regional center is an entity that has been approved by US Citizenship and Immigration Services—we call it USCIS. And USCIS approves an entity that has a specific geographic area under its approval, and that entity can sponsor projects for immigrant investors, which the immigrant investors can come in under projects of the regional center.

The benefit of the regional center is that the investors get to take advantage of indirect job creation and in indirect job creation, we get to utilize the services of a professional economist. They use economic modeling software to determine the amount of jobs that are created through the project and the job creation.

Utilizing these economic models is much more expansive. It takes into consideration many different types of jobs that are created in the economy as a result of the project, and that helps many investors in the project. The more jobs there are, the more job cushion there is for investors who need to create 10 jobs each.

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