EB-5 Wiki

Category

Project Diligence

I-956F approval, NCE manager, capital stack, completion and cost guarantees, UCC-1, and exit structure.

approvaltea

I-956F project approval โ€” why it matters for you

I-956F is USCIS's pre-vetting of the EB-5 project itself. Filing I-526E against an already-approved I-956F means much faster individual adjudication.

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complianceapproval

Job creation: 10 jobs per investor

Each $800K investment must create 10 full-time jobs in the US economy. Regional Center projects use economic models to count indirect and induced jobs.

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regional-centerapproval

EB-5 NCE Manager: What to Look For

The New Commercial Enterprise (NCE) Manager is the entity that holds your $800K and decides how it gets deployed to the project, monitored across the life of the investment, and (eventually) returned. NCE Manager quality is structurally more important than Regional Center quality, but rarely highlighted in marketing.

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investmentcompliance

EB-5 Capital Stack: Senior Loan vs Mezzanine vs Equity

EB-5 capital is deployed by the NCE into the project (JCE) in one of three structural positions: senior secured loan (first claim on assets), mezzanine debt (second claim), or equity (last claim). Recovery priority in distress is determined by your structural position โ€” not marketing language.

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investmentcompliance

EB-5 Completion Guarantee + Maximum Cost Guarantee

A Completion Guarantee binds the developer to deliver the project regardless of cost overruns. A Maximum Cost Guarantee caps the developer's right to demand additional capital. Both protect EB-5 capital from construction-risk events that would otherwise trigger capital calls or unfinished projects.

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complianceinvestment

EB-5 UCC-1 Filing: Senior Loan Perfection Explained

A UCC-1 financing statement is the public record under the US Uniform Commercial Code that perfects a lender's security interest in pledged collateral. For EB-5 senior loans, UCC-1 perfection makes the senior position enforceable against competing creditors โ€” without it, the senior position exists only contractually.

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investmenttimeline

EB-5 Exit Strategy: Unit Sales vs Refinance vs Operational Cash Flow

EB-5 capital can be repaid via individual unit sales (residential for-sale), whole-asset refinancing or sale (hospitality, commercial), or operating cash flow (multi-family rental, operating hospitality). Each carries fundamentally different timing and macroeconomic risk.

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approvalinvestment

EB-5 Success Rate: Statistics and What Drives Them

EB-5 I-526E approval rates run 80-90%+ at strong Regional Centers; I-829 approval rates similar. Denials cluster on incomplete source-of-funds documentation and projects that under-deliver on job creation. Project + attorney choice are the controllable variables.

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investmentprocess

Is EB-5 Worth It in 2026? A Frank Cost-Benefit Analysis

EB-5 in 2026 is worth it for investors who need a US green card, have $800K in lawfully-sourced funds available, and can wait 3-5+ years for capital repayment. For investors who don't need a green card or can't lock up $800K, the answer is no.

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complianceapproval

EB-5 Fund Administrator Requirement (RIA Integrity Measure)

RIA 2022 requires every EB-5 NCE to engage an independent third-party fund administrator OR submit to annual audits. The fund administrator monitors capital movements, investor reporting, and compliance โ€” a structural protection against the historical EB-5 fraud cases that triggered RIA.

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complianceinvestment

EB-5 Escrow Explained: When Your $800K Is Released

EB-5 escrow is a third-party-held account where the investor's $800K sits between subscription and project deployment. Release triggers vary: some projects release at I-526E filing, some at I-526E approval, some at I-485 filing. Read the escrow agreement carefully.

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regional-centerapproval

USCIS EB-5 Regional Center List: How to Use It in 2026

USCIS publishes the official list of approved Regional Centers at uscis.gov. The list shows which entities hold the USCIS license to pool EB-5 capital โ€” but it doesn't rank projects, NCE Managers, or recent performance. Use the list as a baseline check, not a project rating.

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