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At first sight this may seem a strange question, particularly coming from leading immigration advocates who have championed the needs of EB5 immigrants and written a book on the subject.
However, we are concerned that some unwary immigrants, signing up for one of the many regional center programs, are being guided by agents who may be motivated by the size of their commissions and fees rather than focusing on the welfare of the immigrant family.
In talking to many people we are concerned that the information they sometimes receive before approaching us is simply focused on just obtaining the visa, rather than keeping it and having their $500,000 returned in full after five or six years.
Assuming you qualify for the visa, can document how the $500,000 required has been raised, and do not have specific criminal or health issues, there are, on the surface, plenty of regional center programs offering a 100% record of obtaining those highly desired green cards for you and your family. However, what is easily forgotten is it’s not just about getting the visa and a return on your $500,000 investment, it’s also important to keep the visa and have your $500,000 returned – much more preferable to being deported after two years if your conditions are not removed and/or to lose your $500,000 investment.
We remain concerned that some families are vulnerable (particularly if they do not speak English) taking at face value the sales information given to them by agents who may receive huge commission payments. It’s clear to us that sometimes families have not been properly briefed on the critical importance of job creation or potential project failure.
For more information covering the strengths and weaknesses of regional center programs contact Which EB5.
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