Beware of what you read about the EB5 investment visa

As regular readers of this blog will know we constantly warn about instances of misleading information we discover that involve the EB-5 investor visa.

Unfortunately this week we have discovered an increasing amount of incorrect and misleading information that could spell problem for those looking for accurate information as part of their investigation into the track record of regional centers offering investor green cards.

The question posed by an unsuspecting enquirer on an immigration blog is straightforward enough:-

“I am in the process of selecting a regional center where my main objective would be to make sure that the job creation requirements will be met after two years to get the conditions removed (I-829 petition) from my green card and to have some assurance that the capital will be recoverable after five or even a few more years. ROI would be less relevant. So far I have been looking at the following regional centers […..] which look promising: Any comments would be appreciated.”

And here the problems start; with a series of supposedly helpful but potentially misleading and dangerous suggestions offered by various responders, a number not using their real names but answering under aliases.

One responder mentions a different regional center that the questioner has not suggested – one of the programs at this center is currently the subject of litigation.

There is no in depth analysis regarding the very important question asked regarding the far reaching implications of job creation.

The questioner makes the comment it is helpful to get advice from people with real experience; unfortunately the type of experience from those that have answered is less than clear!

Andrew Bartlett and Stephen Parnell are authors of Green Card via the Red Carpet available at Amazon