Money and structure

Infrastructure project

Also called infrastructure set-aside, public works project.

A second route to the $800,000 EB-5 investment amount, available only through the regional center program, in which a governmental entity is itself the job-creating entity and contracts with a regional center or new commercial enterprise to receive the investors' capital as financing for maintaining, improving, or constructing a public works project.

What it decides

The statute sets elements that must all hold at once: the capital investment project sits in a filed or approved business plan; it is administered by a governmental entity, which the statute illustrates with a federal, state or local agency or authority; that same governmental entity is the job-creating entity, and it contracts with a regional center or new commercial enterprise to receive the capital investment under the regional center program; and the money is financing for maintaining, improving, or constructing a public works project. The definition is narrow in one specific way. Because the governmental entity must itself receive the capital as the job-creating entity, a government that only issues permits, leases land or awards a grant to a private developer does not bring the project within the definition. The route belongs to the regional center program alone. The definition requires the capital to be received under that program, and USCIS states that a standalone investor cannot establish eligibility through an infrastructure project, so it is closed to a Form I-526 filed outside a regional center. USCIS decides the question when it adjudicates Form I-956F, and applies the option to regional center petitions filed on or after 14 May 2022. An infrastructure project is an alternative path to $800,000 rather than an exception to that figure, since the same $800,000 applies to a targeted employment area. Investors in infrastructure projects draw on the 2 percent visa set-aside. The $800,000 adjusts for the first time on 1 January 2027, when it becomes 75 percent of the standard investment amount.

Governed by 8 U.S.C. 1153(b)(5)(D)(iv) (definition of infrastructure project); 8 U.S.C. 1153(b)(5)(B)(iii)(I) (DHS determines whether a project meets the definition); 8 U.S.C. 1153(b)(5)(B)(i)(I)(cc) (2 percent set-aside); 8 U.S.C. 1153(b)(5)(C)(ii) ($800,000 for a targeted employment area or an infrastructure project); 8 U.S.C. 1153(b)(5)(C)(iii)(II) (adjustment from 1 January 2027 to 75 percent of the standard amount); USCIS Policy Manual Volume 6, Part G, Chapter 2, Section A(6), cited as 6 USCIS-PM G.2(A)(6) (https://www.uscis.gov/policy-manual/volume-6-part-g-chapter-2)

Where this is explained properly

Pages here that go into infrastructure project rather than mentioning it.

Related terms

  • Targeted employment areaA targeted employment area, or TEA, is a rural area or an area the Secretary of Homeland Security has designated as a high unemployment area, and an EB-5 investment placed in one requires $800,000 of capital rather than $1,050,000. An investment in an infrastructure project reaches the same $800,000 by a separate route without being a TEA.
  • Visa set-asidesThe reserved slices of each fiscal year's EB-5 visa numbers: 20 percent for investment in a rural area, 10 percent for a high unemployment area and 2 percent for infrastructure projects, so 32 percent reserved and 68 percent unreserved.
  • Job-creating entityA job-creating entity, or JCE, is the United States business in a regional center EB-5 deal that receives the investment capital, either straight from the investors or through the new commercial enterprise, and is responsible for creating the ten full-time jobs each investor's petition must count.
  • Form I-956FForm I-956F, Application for Approval of an Investment in a Commercial Enterprise, is the application a designated regional center must file for each particular investment offering before any investor may petition on that offering.
  • Rural areaOne of the two routes into a targeted employment area: an area that is both outside every metropolitan statistical area and outside the outer boundary of any city or town of 20,000 or more people.

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