Overview

Our services include:

  • Regional Investment Center Applications and Supporting Regional Benefits Studies

  • Project Exemplar Applications

  • Business Plans in accordance with the USCIS precedent case Matter of Ho

  • IMPLAN and RIMS II Job Creation Studies

  • Offering Documents (Private Placement Memorandum, Subscription Agreement, Limited Partnership Agreement, Promissory Notes, etc.)
  • USCIS Protocols, Compliance, and Reporting, and Relationships
  • OFAC, Financial Controls, Escrow Agreements with Major Banks

Under separate client agreements, we can provide:

  • Investment Banker, EB-5 Loans, Direct Investment, and Private Equity Advisement

  • Assistance with Investor Recruitment, including Overseas Finders and Broker Agreements
  • Assistance to Immigration Attorneys and Petitioners
  • Guidance on RFE and NOID Responses, and on USCIS Protocols, Compliance, and Reporting

In the initial consultations with Dr. Penbera, the aim is to educate and inform you, and to develop a confidential, collaborative and truly honest assessment of how ready you are to engage in the EB-5 financing process. There is no initial cost and no selling. If there is a basis for going forward, a standard Memorandum of Understanding will provide you with a straightforward description of the scope of services, and the specific work products, their cost, and their delivery timelines.  Depending on project needs, we can also coordinate discussions with other experienced persons, like former administrators of the EB-5 Program.

PenberaParis recommends EB5 Investor Magazine (www.eb5investors.com) for tracking developments within the EB-5 industry. The head of our affiliated regional investment center or projects often participate in conferences sponsored by various publications and groups in the U.S. and other countries.

The USCIS’s EB-5 Mission: The U.S. Citizenship and Immigration Service (USCIS) administers the Immigrant Investor Program, also known as “EB-5”, created by the U.S. Congress in 1992 to stimulate the U.S. economy through job creation and capital investment by foreign investors. A certain number of EB-5 visas are set aside for investors in Regional Centers designated by USCIS based on proposals for promoting economic growth.  Over the last 20 years, billions of dollars of EB-5 and non EB-5 capital have been invested through regional investment centers with a special emphasis on geographic areas which historically do not have access to capital.

Advantages of a Regional Investment Center: Projects seeking EB-5 funding must meet crucial business plan technical requirements, demonstrate job creation pursuant to 8 CFR §204.6(j)(4)(B), and provide documentation of the investment structure and offering documents.  A foreign investor investing in a project under the auspices of a designated regional center benefits from the added jobs created by a “job multiplier” aligned with a regional economic benefit analysis methodology, such as IMPLAN. The experience and success of a regional investment center is a major factor in immigration lawyers and migrant brokers recommending a project to an investor petitioner seeking to obtain “green card”. PenberaParis is a principal of the California Energy Investment Center (CEIC) and has majority ownership position in the Brightlights Broadcast Technologies project which has exemplar approval from the USCIS. For more information about the CEIC please contact Michael Penbera, Executive Director at: michael.penbera@ceic.us.com, (916) 990-6599.

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