The question EB-5 visa investors need to ask is, WHY does IIUSA NOT support requiring certification of securities law compliance by regional centers, and yet on the same page claim to support strong enforcement of US Securities law, and not overseas securities laws? The reason is simple: Regional centers usually violate securities laws OVERSEAS and commit securities fraud overseas, due to which regional center owners and executives will usually REFUSE to offer a sworn affidavit that they haven't violated securities laws overseas or committed securities fraud overseas.
Since 2012, ICE has officially recommended banning regional centers from the EB-5 visa program and actually said "there can be no safeguards that can be put in place that will ensure the integrity of the regional center model." See link at http://www.smartbusinessbroker.com/EB5_ICE_fraud_memo.pdf, and also see the Congressional debate at https://www.congress.gov/congressional-record/2013/12/19/senate-section/article/s9001-2 Even the SEC warns EB-5 visa investors to avoid regional centers. See link http://www.sec.gov/investor/alerts/ia_immigrant.htm
Here are some of the critical reasons that EB-5 visa investors should ALWAYS choose Genuine Direct Investment Businesses and avoid regional centers:
Genuine Direct Investment Businesses offer easy exit strategies to EB-5 visa investors while those who invest in regional centers experience TERRIBLE exit strategies.
Mohammed Shaikh, MBA (Accounting), CFE, Licensed Business & RE Broker (CA & FL)
Online: http://www.smartbusinessbroker.com Phone: +1 407 535 0616