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Northern California 
Regional Center 

PO Box 31654
Stockton, Ca. 95213

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EB-5 Terminology

The terminology relating to the EB-5 program can easily become confusing. We decided to highlight the important terms that are commonly used in explaining the program so it can be more easily understood.

USCIS means the United States Citizenship and Immigration Services. The USCIS is the overseer of the EB-5 Program and the Pilot Program. The USCIS is an agency of the Department of Homeland Security. All regional centers and projects coordinated through the EB-5 Program must be approved by USCIS. Here is the link to the USCIS website. http://www.uscis.gov/portal/site/uscis

NCRC means the Northern California Regional Center. The NCRC is an approved regional center designated by the USCIS to sponsor qualifying investments under the EB-5 Program. The NCRC covers a large area in Northern California from Shasta County to San Joaquin County.

I-526 means an Immigrant Petition by Alien Entrepreneur. It is used for an entrepreneur or person wishing to use the EB-5 program to immigrate to the United States. Click this link for more information.

I-829 means a petition by Entrepreneur to Remove Conditions. It is used for an entrepreneur or person using the EB-5 program who is a conditional permanent resident to remove the conditions on their green card. Click this link for more information.

I-485 is an application for Adjustment of Status. If an immigrant investor is present in the United States when his or her I-526 Petition is approved, he or she must use this form to adjust status to that of conditional permanent resident. Click this link for more information.

The following terms are defined by the United States Code of Federal Regulations, 8CFR204.6

Employee means an individual who provides services or labor for the new commercial enterprise and who receives wages or other remuneration directly from the new commercial enterprise. In the case of the Immigrant Investor Pilot Program, “employee” also means an individual who provides services or labor in a job which has been created indirectly through investment in the new commercial enterprise. This definition shall not include independent contractors.

Invest means to contribute capital. A contribution of capital in exchange for a note, bond, convertible debt, obligation, or any other debt arrangement between the alien entrepreneur and the new commercial enterprise does not constitute a contribution of capital for the purposes of this part.

Regional center means any economic unit, public or private, which is involved with the promotion of economic growth, including increased export sales, improved regional productivity, job creation, and increased domestic capital investment.

Rural area means any area not within either a metropolitan statistical area (as designated by the Office of Management and Budget) or the outer boundary of any city or town having a population of 20,000 or more.

Targeted employment area means an area which, at the time of investment, is a Rural Area or an area that has experienced unemployment of at least 150 percent of the national average rate.

HOW TO APPLY

We recommend that you retain an immigration lawyer and financial advisor to review the investment opportunity and the source of your investment funds before committing to any investment. If you do not have an immigration lawyer, please feel free to contact us. We can refer you to many qualified immigration lawyers who are experienced and have worked with the EB-5 program.

The information contained in these pages is for general purposes only. It should not be construed as legal advice nor does it create attorney-client communication. No offer to sell any security is made by the information on this website. Offerings will be made only to qualified individuals pursuant to exemptions from registration requirements set out in applicable securities laws.

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