|
|
August 2nd, 2011 |
In a recent blog on an expat site the writer stated that they were very happy and excited to have recently received approval of their EB-5 visa. While their excitement is understandable and good news for them, it is important to understand that in many ways obtaining the EB-5 (the I-526 stage) is the easy part of the process; holding onto it and obtaining the return of your $500,000 capital can however require more thought.
The granting of the initial petition, technically referred to as the I-526 stage, in many ways has fewer issues. The vast majority of I-526 petitions have been granted by the United States Citizenship and Immigration service (USCIS) and in the event of a problem occurring (that is not down to the applicant) the majority of Regional Centers agree to fully refund the applicant. There has been one well known exception, where funds were not returned promptly but this is very unusual.
However, in many ways a more important issue is the removal of conditions after two years (I-829 stage) and eventually the return of funds in a reasonable period of time. To date only a few Regional Centers have operated long enough to have reached this stage and not all of them have a 100% record. Some of the more speculative Regional Centers may give cause for concern, with questions such as will they find enough subscribers? Will they create sufficient jobs to satisfy USCIS?
We certainly hope the readers of some of the blogs out there have been adequately advised. Unfortunately previous respondents in some blogs or chat groups have given incorrect advice such as recommending a Regional Center that has experienced a number of problems and verifying for the good name of an agent who is shortly to face a Court case for wire fraud!
For detailed independent information on the EB-5 contact Which EB5
|
| |
Tags: blog, eb-5, EB-5 Visa, I-526, I-829, independent information, regional center, uscis, Which EB-5
Posted in Immigration | No Comments » |
January 29th, 2010 |
|
Next week we are going to take a look at the different priorities people who have gone down the EB5 investment visa route have had when choosing a particular regional center program.
Priorities vary enormously and can be affected by the amount of information they have gathered, particularly if (sometimes unknowingly) they have worked with a group who are de facto agents of one particular regional center program rather than independent advocates who look at the positives and negatives of many of the programs.
By examining the priorities of various individuals and then looking at the reality of the experiences of those who have actually gone down the EB-5 path you are in a better position to identify important points to be aware of when selecting a regional center program.
Make sure you don’t miss all the latest EB5 news from Which EB5 by signing-up for our blog.
|
| |
Tags: blog, eb-5, eb5, investment visa, regional center
Posted in Immigration | No Comments » |
October 20th, 2009 |
News from Washington on the EB-5 extension:
We have just received word from Washington that the Senate have voted 79-19 to adopt the Appropriations Bill conference report agreeing to, among other things, the 3-year extension of the EB-5 program. This is excellent news. The final step is signing off on the bill by the President.
The approved three year extension of the EB-5 regional center program is reassuring news for foreign investors who have been waiting for the opportunity to become U.S. permanent residents and ultimately U.S. citizens.
Stay up to date with all matters relating to EB-5 with the Which EB5 Blog or follow us on Twitter.
|
| |
Tags: blog, eb-5, EB-5 news, extension, foreign investors, regional center, twitter, Which EB-5
Posted in Immigration | No Comments » |
October 7th, 2009 |
According to our sources in Washington we are on our way to the anticipated 3-year extension to the EB-5 pilot program. Here is what we know right now:
House and Senate conferees today reached agreement on how to resolve the differing provisions in the House-passed and Senate-passed versions of the fiscal year 2010 Homeland Security Appropriations bill. Conferees included a three year-long extension of the E-Verify Program in the measure, and they included three year extensions of three expiring immigration visa programs (including EB-5). Today’s conference committee action readies the measure for consideration by the full House and full Senate. The text of the conference agreement was not available at the time of this writing.
Here is an extract from FY2010 CONFERENCE SUMMARY: HOMELAND SECURITY APPROPRIATIONS.
“Visa Extensions: Provides three year authorization extensions for the religious worker (R visa), rural-serving doctors (Conrad 30-J visa), and investor (EB-5 visa) programs”.
The final three-year compromise emerged after a very contentions internal debate and a nearly successful effort by some members of Congress to eliminate all immigration extenders from the bill. Communications from the EB-5 regional centers to their individual members of Congress and from the entire EB-5 stakeholder community to congressional leadership were an extremely important factor in the decision to include the extensions.
The conference version of the bill will now go to the House and Senate for final votes in the next few days and then to President Obama for signature. The final votes are expected to be a formality.
We will keep you informed of all developments of the EB-5 pilot program here at the Which EB5 Blog.
|
| |
Tags: blog, eb-5, extension, news, pilot program, regional center, visa, washington, Which EB-5
Posted in Immigration | No Comments » |
March 16th, 2009 |
Increasing numbers of overseas visitors love to spend part of the year in the sunny all year round states of Florida, California and Arizona. However, although you may qualify for a six month visa, those wanting to retire and relocate permanently to the U.S. have often found it difficult or near impossible due to no specific visa that allows retirees to live year round, even if they are wealthy and self supporting.
There has been talk for years of a silver visa, but nothing has ever materialized.
Unless retirees have a close American relative or buy a business, permanent retirement to the States has always seemed a pipe dream.
Not so anymore as more and more potential retiree’s consider The EB-5 visa regional centre pilot program.
This visa category been a blessing to retirees wishing to permanently retire to the States as it does not require them to directly operate a business.
In return for a $500,000 investment in an approved regional center program many can achieve their lifelong dreams of permanent residence in the USA. If you would like full details of exactly how this visa category can work for you visit Which EB5 for details.
Over the next few days we will talk about some of the people who have made the choice to live their retirement dreams in America. Subscribe to this blog to make sure you get the benefit of experience of those that have utilized this program successfully.
This blog posted by Andrew Bartlett
|
| |
Tags: $500000, american, andrew bartlett, arizona, blog, california, eb-5, florida, regional center pilot program, relocate, retire, retirees, retirement, silver visa, six month visa, U.S., wealthy, Which EB-5
Posted in Immigration | No Comments » |
|
|
|
|
|
|
|
