The New England Regional Center for Economic Development, Inc (NERC) is an authorized Regional Center for the USCIS EB-5 Program. NERC is headquartered in Boston, Massachusetts and focuses on Eb-5 projects in the New England area of the United States. Our Geographical Area includes Bristol, Essex, Middlesex, Norfolk, Plymouth, and Suffolk counties in Massachusetts, and Bristol, Kent, Providence, and Washington counties in Rhode Island.
The United States Congress created a new employment-based immigration policy to permit alien entrepreneurs to invest in new commercial job-creating enterprises in exchange for an expedited lawful permanent resident immigration status. Under section 203(b)(5) of the Immigration and Nationality Act (INA), 8 U.S.C. § 1153(b)(5), 10,000 immigrant visas per year are available to qualified individuals seeking permanent resident status on the basis of their engagement in a new commercial enterprise. Read more about the EB-5 Visa program.
A Regional Center is a private enterprise, corporation or a regional governmental agency with a targeted investment program within a defined geographic region. The Regional Center Investment Program does not require that the foreign investor's enterprise itself directly employ 10 U.S. workers. Instead, it is enough if 10 or more jobs will be created directly or indirectly as a result of the investment. The Regional Center Investment Program aids foreign investors by directing and professionally managing their investment in the designated business and geographic focus of their Regional Center.
Some of the benefits of the EB-5 Immigrant Investor Program include, but are not limited to: