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[Q] How much money and effort is needed to obtain a regional center designation?
We would guess that anywhere between $50,000 USD to $100,000 USD plus a lot of effort and time (currently 5 to 8 months) are needed to obtain a regional center designation from USCIS. Contrary to popular belief, anyone can obtain a regional center designation. However, successfully operating a designated regional center is NOT easy. Many are under a mistaken impression that once a regional center designation is obtained, foreign EB-5 investors will start pouring money into their regional center, but nothing could be further from the truth. The potential EB-5 investors are not dumb.
In short, we believe and noticed from a distance that running a relatively successful regional center is very difficult, and one needs to put together a team composed of various professionals from different backgrounds and skills in order to succeed. You need to be a lawyer, business man and marketer -- and execute well -- in order to succeed in the long run.