This document is pending review by EB5 Circle's legal counsel and may be updated.
What EB5 Circle is, and what it is not
EB5 Circle has a deliberately limited role. It explains the EB-5 program, presents structured information about projects, and connects visitors who ask with appropriate qualified professionals through a consultation request.
EB5 Circle is
- An educational resource about the EB-5 program.
- A place to read structured project information supplied by project sponsors and regional centers.
- A way to request a consultation with a qualified professional, if you choose to.
EB5 Circle is not
- A law firm. It does not give legal advice or represent anyone before USCIS or the U.S. Department of State.
- A broker-dealer. It does not sell securities or arrange or execute investment transactions.
- A registered investment adviser. It does not recommend investments or assess whether a project suits you.
- A regional center, project sponsor or fund manager. It does not issue, manage or administer any EB-5 investment.
- A tax adviser. It does not advise on U.S. or home-country tax consequences.
- A government body. It is not affiliated with, or endorsed by, USCIS, the U.S. Department of State or any other government agency.
EB5 Circle does not verify, approve, vet, endorse or guarantee any project, regional center or professional. For advice on your situation, please consult a qualified U.S. immigration attorney, a licensed securities professional and a qualified tax adviser.
No offer of securities
Interests in EB-5 projects are generally securities. Nothing on this website is an offer to sell, or a solicitation of an offer to buy, any security, and nothing here should be read as a recommendation to invest in any project.
Any offering is made only by the issuer, through its own offering documents (for example, a private placement memorandum, subscription agreement and related materials). EB-5 offerings are typically made privately, to investors who qualify under applicable securities-law exemptions, such as accredited investors in the United States or eligible non-U.S. investors. Whether you qualify, and whether an offering is appropriate for you, are questions for the issuer and your own advisers.
EB-5 investments carry significant risk
To qualify for EB-5, your capital must be "at risk" in a business. That is a legal requirement, not a formality: your money is exposed to the success or failure of the project. Key risks include:
- Loss of capital
- You may lose part or all of your investment. No return, and no repayment of your capital, is guaranteed.
- Illiquidity
- EB-5 investments are generally illiquid. You may not be able to sell or withdraw your investment, and repayment, if any, may take many years and depend on the project's performance and exit.
- Project and business risk
- Construction delays, cost overruns, financing shortfalls, market conditions, management decisions and other factors can affect a project's ability to create jobs and repay investors.
- Immigration risk
- A petition may be denied, or conditions on residence may not be removed, for example if job-creation or source-of-funds requirements are not met. An unsuccessful immigration outcome does not necessarily mean your investment will be returned.
- Currency risk
- Investments are made in U.S. dollars. Exchange-rate movements and home-country currency controls can affect the cost of investing and the value of any amount returned to you.
- Legal and policy change
- EB-5 law, regulations, fees and visa availability change over time, and future changes could affect your petition or timeline.
For a fuller explanation, see understanding EB-5 investment risk and our project due diligence questions.
Government designation and approval are not endorsements
Two kinds of government action are often misunderstood:
- Regional center designation. USCIS designates an entity as a regional center. Designation concerns the entity's participation in the Regional Center Program; it is not an assessment of any particular investment offered through that regional center.
- Form I-956F approval. USCIS approval of a regional center's project application (Form I-956F) concerns whether the project meets EB-5 immigration requirements. It is not a judgment about the merits, safety or likely returns of the investment.
Neither USCIS nor any other government agency endorses EB-5 investments or guarantees their outcome. The U.S. Securities and Exchange Commission and USCIS have jointly warned investors about EB-5 fraud and the limits of government approval; see the SEC and USCIS investor alert on EB-5 (opens in a new tab).
About project listings
Project listings present information provided by project sponsors or regional centers in a consistent structure, so that you can compare projects and prepare questions. EB5 Circle does not independently guarantee the accuracy or completeness of that information, and does not perform or certify due diligence on any project. A listing is not a recommendation.
- "Last verified" date. Each listing shows the date its information was last checked with the sponsor or regional center. Information can change after that date, so confirm it directly with the issuer.
- Status labels. Each listing shows a status describing where the project or offering stands, as reported by the sponsor or regional center: Available for inquiry, In development, Fully subscribed, Closed, or Information pending verification (details not yet confirmed against source documents). A status reflects what the sponsor told us; it is not a statement about a project's quality, immigration approval or likely success.
- Demonstration listings. In development and test versions of the website, some listings are fictitious examples used to demonstrate the layout. These are clearly labelled as demonstration listings, do not describe real projects, and are not shown on the public production website.
Photographs used elsewhere on the website are illustrative and do not show EB-5 projects. Your own due diligence, carried out with qualified professionals, is essential.
Compensation and conflicts of interest
If EB5 Circle receives compensation from any project sponsor, regional center or service provider in connection with a listing or referral, that relationship will be disclosed on the relevant listing.
Separately, many participants in the EB-5 market are paid in connection with investments, including through fees built into an offering. Ask every sponsor, regional center, agent or intermediary how they are paid, by whom, and whether any part of your investment funds their compensation. The issuer's offering documents should describe fees and conflicts of interest.
Forward-looking statements
Project information may include forward-looking statements, such as projected job creation, construction timelines, budgets, financing, occupancy or repayment timing. These are estimates or expectations made by the sponsor, based on assumptions that may prove incorrect. Actual results may differ materially. Forward-looking statements are not promises or guarantees, and EB5 Circle does not undertake to update them.
Time-sensitive information
EB-5 rules and figures change. Program information on this website, including investment amounts and statutory dates, was reviewed on the date stated on each page. Government fees, visa availability and processing times change frequently, so we link to official sources rather than restating them.
- USCIS EB-5 program information: uscis.gov/eb-5 (opens in a new tab)
- USCIS filing fees: Form G-1055 (opens in a new tab)
- Visa availability: U.S. Department of State Visa Bulletin (opens in a new tab)
- USCIS processing times: case processing times (opens in a new tab)
Before relying on any figure or date, check the current official source and confirm how it applies to you with a qualified U.S. immigration attorney.
Check anyone who offers you an investment
Anyone who is paid to sell securities in the United States may need to be registered. You can look up firms and individual brokers, and see any disciplinary history, using FINRA BrokerCheck (opens in a new tab). Be cautious of anyone who promises a green card, guarantees a return or repayment, pressures you to decide quickly, or discourages you from seeking independent advice.
If you have questions about these disclosures, please write to us through the contact page. See also our Terms of Use and Privacy Policy.

