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August 22nd, 2011 |
When your I-526 petition is filed to obtain your conditional Green Card, in addition to the petition itself, there are two specific and important pieces of information that will be included within the application.
- The detailed personal and investment funds documentation that you will have submitted to your Attorney.
- Full documentation of the regional center you selected and their program. Your choice of regional center program will play an extremely important role in your application.
That is why it is vitally important that you chose your regional center carefully. It is critical to take a careful look at the histories and track records of the regional centers.
- Have they been realistic in their aims and objectives?
- How much do they really care about you and your family as immigrants to the USA or is it all about their own profits?
- Do they not only have a good idea for the project but the experience to make it happen successfully?
- What qualities make for the most appropriate regional center program options for your particular requirements?
The EB-5 visa requires a $500,000 investment in a United States Citizenship and Immigration center (USCIS) Regional Center Program. The track record of these programs varies considerably and investment terms can be as little as four years. It is vital you obtain independent information from experienced advisers prior to making a decision on Regional Center programs.
If you would like more information on these visa options and a free consultation contact Chase Brodsky at Which EB5 who will be happy to set up a free personal consultation for you with one of our senior partners.
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Tags: application, attorney, eb-5, green card, I-526, Immigration, regional center, USA, uscis, visa, Which EB-5 Posted in Immigration | No Comments » |
May 10th, 2011 |
This question is often asked by those considering the EB5 visa as the best means to gain permanent residence in the USA.
We have heard a number of responses to the question which hint that such an affiliation is a good thing as an added level of credibility exists.
However, this answer fails to address all the important issues.
Currently there are only two established Regional Centers which have such an arrangement however, in both cases the affiliation is at the level of State Government not federal.
The affiliation falls short of offering financial protection for investors in the event of problems occurring. If the programs being invested in failed it would appears unlikely that the State Government would step in and offer funds to repay unfortunate investors.
There are many other issues which need to be considered before deciding on which is the best EB5 program to select for your EB5 visa application
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Tags: application, eb5, permanent residence, regional center, USA, visa Posted in Immigration | No Comments » |
April 29th, 2011 |
Generally it is understandable that those looking to obtain permanent residency in the USA on the EB-5 visa want to take your time, after all you are investing $500,000 and you want to make sure there are no unforeseen complications with your visa after you relocate to the US.
However, there are some times when you may need to act with speed to make your application successful, particularly if you wish to include your children (if they are due to turn 21 in the near future).
We have heard of a number of instances when the opportunity to include their children on the visa application has been lost as the children have aged out (turned 21) by the time the application has actually been filed and as a result the family has either been separated or had to invest a further $500,000.
For more information on this important subject please contact Which EB5 for a telephone or video consultation by calling ++1-561-771-1330
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Tags: application, children, eb-5, important, permanent residence, relocate to USA, USA, visa, Which EB-5 Posted in Immigration | No Comments » |
March 29th, 2011 |
If you are thinking about the EB-5 visa as the most appropriate method to provide you and your family with permanent residence status in the USA you are probably confused by the various claims made by the many Regional Centers authorized to offer programs by USCIS.
Over the next few days we will look at the important key issues that are critical to your decision, these include:-
These are just some of the issues which can have a major impact on the outcome of your visa application and the eventual return of your $500,000. For immediate information on the strengths and weaknesses of the various regional center programs contact Which EB5
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Tags: application, eb-5, exit strategy, history, job creation methodology, location, permanent residence, regional center, targeted employment areas, USA, uscis, visa, Which EB-5 Posted in Immigration | No Comments » |
March 10th, 2011 |
Every potential B-5 investor and their family have their own requirements as to exactly when they wish to obtain their green cards and legally enter the USA. You will have your own idea of a target date.
You may need to sell your home and or business before beginning the process or you may wish to leave at a particular time that is best for your children’s education, everyone has their own priorities.
The actual application process, once you have decided on a regional center program, is really set by USCIS (The United States Citizenship and Immigration Service). Depending on USCIS workload applications have taken as little as three months and as long as nine months. You may also have to take into account the time for Consular processing which will vary depending on which country you live in.
A factor which can make a big difference to the time it takes can be the particular program you chose to invest in. To understand why this it is so critical we will take a look at examples of what can happen.
It will be seen from these examples that the choice of both the regional center, as well as the immigration attorney, can make a big difference to the time it takes you to obtain your visa. Choosing the most appropriate regional center program and attorney is extremely important.
In tomorrow’s blog we will look at two examples of mistakes made by EB-5 visa applicants.
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Tags: application, consular processing, eb-5, education, green card, investors, legally, regional center, USA, uscis, visa Posted in Immigration | No Comments » |
March 5th, 2010 |
This is an area that can be overlooked when looking into the various EB-5 investor visa regional center program options. Many ask what it means.
In summary, regional center programs vary considerably both in size and popularity. Some Centers have programs only requiring a few investors, some, such as a proposed car plant, will require hundreds even thousands of investors.
Some centers have an established track record and it is possible to determine how long it is likely to take for the program to be fully subscribed; with others there is very little evidence to go on.
However, the questions that need to be asked are:
• What happens if a program does not fully subscribe, can it then go ahead?
• If not, what happens to job creation?
• Will you ever get your money back?
These are clearly very important issues particularly in the current economic climate and ones that seem all too often to be receiving less than adequate attention.
Ask us what this means to the safety of your regional center choice. Contact the experts at Which EB5 for information on regional centers.
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Tags: application, eb-5, eb5, investor visa, job creation, money back, regional center, track record, visa Posted in Immigration | No Comments » |
October 29th, 2009 |
The recent AILA (American Immigration Lawyers Association) conference in California attended by Immigration Attorneys and Government Representatives from the department of Homeland Security (USCIS) focused on the EB-5 immigrant investor visa option. One of the key issues debated in detail at the conference was the role of immigration attorneys in the EB5 process and why immigration attorneys might want to focus on immigration advice rather than facing potential ethical issues, and perhaps even a conflict of interest, by providing advice to clients on choosing a regional center.
A number of speakers emphasized that the immigration attorney is naturally the right specialist for immigration advice but possibly inappropriate for advice on which regional center to choose.
Issues that potential EB-5 applicants should be aware of include:-
• Some centers require the EB5 visa investor to use a particular attorney – What are the implications in this for you the applicant?
• In some cases, attorneys also advise the very centers they are presenting and offering to the client. Is this a possible conflict of interest?
• If offering advice on choosing a regional center, has the attorney taken the time to visit the centers in question?
• How many actual I-526 petitions and I-829’s has the Attorney processed?
Your choice of immigration attorney is very important. It is imperative that your chosen attorney not only be an experienced immigration attorney but also have considerable experience, preferably with multiple regional centers, in the filing of EB-5 visa petitions too.
For an in-depth look at the role of attorneys in the EB-5 selection process see: Ethical And Practical Considerations In EB-5 Representation by Carolyn S. Lee
Questions and concerns regarding choice of EB-5 attorneys are welcome at WhichEb5 Blog. Please email: info@whicheb5.com
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Tags: AILA, American Immigration Lawyers Association, application, Carolyn S. Lee, Department of Homeland Security, eb-5, eb5, Ethical And Practical Considerations In EB-5 Representation, I-526, I-829, immigrant investor, immigration attorney, regional center, uscis, visa, Which EB-5 Posted in Immigration | No Comments » |
October 28th, 2009 |
Once our clients have gone through the various regional center options and arrived at their preferred choice, some feel they want further independent advice from a chartered accountant and a business attorney to provide due diligence. Although our clients use a specialized immigration attorney to undertake the actual EB5 visa application for them, they sometimes also require the reassurance of an accountant looking over the financial viability of the program and legal reassurance from a business attorney looking at the legal side of the regional center business entity itself.
It can be an important step to retain a business attorney to examine the legal documents which govern the functioning of the EB-5 project entity (typically a limited partnership) in which you would be investing in the regional center. These include the subscription agreement, the partnership agreement, as well as comparing the provisions of these documents with the information presented in the offering prospectus.
Some regional center projects are based on the limited partnership lending money to private sector or government entities, and so then it would also be wise to have the business attorney examine the loan documents and the terms of the loan. Working in conjunction with a CPA (“Certified Public Accountant”) or business evaluator, to examine the creditworthiness of the borrower in the loan structure.
It can be useful to consult with a CPA or a business evaluator in assessing the security of the investment in the regional center’s project. Moreover, a CPA who is experienced in advising international clients can also help you to carry out your tax planning prior to becoming a U.S. tax resident, which typically occurs once the investor becomes a legal permanent resident (LPR). This is another important aspect of the investor’s planning to protect himself financially.
Until quite recently finding the expertise necessary to carry out these functions at a reasonable price has been difficult, particularly using specialist professionals who have previous experience of analyzing EB-5 regional center investments. However, WhichEB-5 have identified chartered accountants and business attorneys who have experience of working in this area for our EB-5 clients , if you would like further information simply send us an email with an outline of your thoughts and needs and we will respond immediately. Contact Which EB5 at info@WhichEB5.com
The EB-5 Investor Green Card regional center visa program is an excellent way to quickly become a permanent resident of the United States. Which EB5 researches regional centers; you make the same investment plus get all the independent advice of Which EB-5 at no cost to you.
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Tags: application, business attorney, certified public accountant, chartered accountant, CPA, due diligence, eb-5, eb-5 project, eb5, immigration attorney, independent advice, investments, legal permanent resident, limited partnership, LPR, options, regional center, successful, tax planning, visa, Which EB-5 Posted in Immigration | No Comments » |
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