 Independent & Impartial Advice on the EB5 Investor Visa Program
Every now and then, people considering the EB-5 program decide that they can find all the information they need on their own, without any help. As you might expect we do not recommend this course of action, particularly as impartial and experienced advice can be obtained for free.
In the next few articles we will cover the feedback from some families who have tried going it alone and subsequently sought our help when things have not gone as planned.
Today we focus on the experiences of families who have run into issues on the inspection tour.
On one occasion a gentleman took a 5000 mile flight and then drove over 300 miles to visit a couple of regional centers he had pre arranged to be shown around. On arriving at one of the centers he was informed that the head of the program was not available, so he waited for an eternity while someone else was found to show him round. During the tour it became clear they had not done this before and could not answer all his questions. Indeed their whole attitude seemed to be along the lines that he was lucky to be taking up their valuable time! Sometimes the little things count in life and after all that travelling he expected to be offered a drink of some sort, but was not even offered a glass of water – his view was that if you are considering investing $500,000 you expect somewhat better treatment.
Of course equally worrying is the familiarization/inspection trip where discourtesy is not the issue but the opposite, ie several hours of hard sell based on the skills of salesmanship rather than hard facts on the key aspects of the program ie Will I get my visa?, Will I keep my visa? Will I get all my money back? Unfortunately we have heard that some regional center visits may have taken this approach by focusing on the sales aspects rather than focusing on facts.
Ultimately by undertaking a center tour without taking advice from an independent, experienced and impartial adviser you may waste the cost of airfares, car hire and hotels etc but if you make the wrong decisions based on an inspection trip you not only risk losing $500000 but also potential deportation. You don’t need to do this alone. Contact us for support using the form on the right.
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