CMB Regional Centers Received The Group 78 I-956F Receipt Notice From The USCIS And Is Officially Accepting Investors
CMB Regional Centers has received the Group 78 I-956F receipt notice (which includes the Group 78 receipt number and the New Commercial Enterprise ID) from the USCIS (United States Citizenship and Immigration Services) as of today, August 11, 2022. This is the USCIS requirement to begin immediately accepting I-526E petitions filed by immigrant investors under the newly reauthorized EB-5 regional center program.
CMB believes we are the first regional center and project to receive an I-956F receipt notice, since we were one of the first, if not the first to file an I-956F with the USCIS. Since then, we have also filed our Group 82 project I-956F petition, which we hope to receive the I-956F receipt notice for Group 82 in the coming weeks.
This is great news for the every prospective investor family looking to move forward with a CMB EB-5 investment opportunity. We at CMB are excited to begin officially accepting new EB-5 investors into our current offering as investors will now be able to file their I-526E petitions immediately. Additionally, the EB-5 Reform and Integrity Act of 2022 may provide unique benefits for those who file their petitions immediately, by taking advantage of concurrent filing and visa set-asides. These two options may allow for shorter visa wait time for investors from backlogged countries. We have received inquiries from thousands of prospective investors since last June when the regional center program first lapsed. We have already seen high demand for units in our first two EB-5 partnerships under the new program.
Since both of these EB-5 partnerships are located in a TEA (Targeted Employment Area), subscribed investors may be able to access the high unemployment set-aside visas allocated under the EB-5 Reform and Integrity Act of 2022. This means that investors from countries experiencing extended wait times due to visa retrogression might find a more expeditious route to U.S. permanent residency through EB-5 than they could in the past. Since every investor’s situation is unique, we strongly recommend that that you discuss this issue with your immigration attorney.
CMB Group 78: Hillwood California BTS is the first of CMB’s new investment opportunities. This EB-5 project involves the construction of industrial logistics facilities in California.
CMB Group 82: Hazelton Logistics Park is the second opportunity CMB has available to prospective EB-5 investors. The project is another industrial logistics facility located in Hazelton, Pennsylvania.
Hillwood Development Company is serving as the borrower and project developer for both Group 78 and Group 82. CMB and Hillwood have built what we believe is the strongest Regional Center/Developer relationship in the EB-5 industry. CMB has collaborated with Hillwood on over 30 different EB-5 partnerships all over the United States.
For more information on Group 78 or Group 82, visit our website HERE.
Over 5,800 immigrant investors from 100+ countries have chosen CMB EB-5 investments to pursue permanent residence in the United States. Prospective investors should begin their due diligence process and select an immigration attorney now for the best chance to secure a unit in Group 78 or Group 82. CMB’s project development team is hard at work finalizing our next EB-5 opportunities, and we hope to announce those soon!