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EB5 Visa Complaints
January 30th, 2012

EB5 complaintsThe process seems to have had more than its share of misleading information and fraud over the years.

Following checks on the program we have come across a number of problems that could have been avoided if proper and impartial due diligence had been thoroughly carried out before applying for the visa.

Despite earlier complaints however, dubious sales claims continue to be made by a number of regional centers, as well as some EB5 visa consultants; these need to be looked into.

Ongoing examples of dubious claims that need further elaboration and explanation include:

An EB5 visa in just 6 months”

While it is correct that some center programs have actually received approval from The (USCIS) in a very short time period, this is certainly not the norm. If time is an important factor when you are considering residence in the USA it is critical to receive independent advice on the time line record of different regional centers.

“Only government approved

While there are regional centers operated by Governments there are important issues to be aware of. The operation is via State Government not The Federal Government. Although a regional center may itself be operated by a State Government, the programs it offers are generally in the private sector. This becomes particularly important when the $500,000 the EB5 visa holder invested is to be repaid. If anything goes wrong it is highly unlikely the State will step in and repay the money, repayment will be down to the private sector program operators.

“A guaranteed return of your investment”

There are very few real guarantees in the current economic climate and although this claim has been used by agents selling EB5 visa programs outside the USA it needs to be looked at with caution.

“The safest regional center program”

One of the conditions relating to the EB5 visa requires project investment to be “at risk”, there can be no guarantees of the return of the $500,000 investment. While some programs may seek to lower risk factors no program can claim to be risk free.

These are just a few of the reasons why these statements need further research as they either fail to give the whole story or they are just plain wrong.

If you are considering the EB5 visa it is very important that you are given hard-hitting, in-depth, from experts who have actually visited regional center programs, can arrange for you to have specialist financial and legal advice and have a 100% successful track record with several hundred EB5 visa holders.

For more information contact Chase Brodsky at Which EB5

 
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Obtain Independent Feedback Before Choosing an EB5 Visa
January 19th, 2012

Obtain Independent Feedback Before Choosing an EB5 VisaOver the years we have had many discussions with the owners and representatives of regional centers. Many of the most useful discussions have been at face to face meetings in their offices and at their projects. That way we get to see at firsthand what they are planning, what is happening with their projects and importantly get a feeling for the reality behind their plans.

This knowledge can be very important for many reasons.

Let’s look at just one example of what can happen to a family planning to gain through the EB5 .

The potential EB5 visa applicant may contact a number of regional centers and be sent a variety of information, usually some glossy brochures and eventually a very thick detailed business plan / legal agreement.

Usually this information is one sided and positive containing little of the potential negative issues that may arise with a particular project.

The applicant may also seek the advice of a consultant based in their country, often those consultants are actually acting as sales agents for the regional centers and it is unlikely the applicant will receive details on the potential problems with the program.

Finally the applicant will probably consult with an attorney; however, the focus is more likely to be on law and not any potential dangers of the program. It is unlikely the attorney will have ever visited the . Therefore, such applicants may commit their families to moving to the USA on the basis of little or no feedback on the things that may go wrong with their choice of program.

It may not be until they have actually moved to the USA and lived there for two years that they become aware of important problems with the program they have chosen. At that stage there is a need to file a petition (Called an ) to have conditions removed from their visa. If no one has previously warned them of the potential dangers of the particular program they may find something has cropped up; by then it may be too late to act resulting in refusal of the and deportation may be the outcome.

Many issues can go wrong that you need to be made aware of as we realize from the discussions we had over the years with regional center staff.

For a detailed discussion with one of our experts contact EB5 visa experts at Which EB5

+Stephen Parnell 

 
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Gerrymandering accusations made against certain EB5 visa programs
January 18th, 2012

Gerrymandering accusations made against EB5 visa programsThere have been a number of articles in recent weeks about the job creation aspects of the program.

The visa can require applicants to invest $500,000 through what are termed regional center programs. Over 200 regional centers have been approved by the (USCIS).

In straightforward terms, each $500,000 investment requires the creation of ten jobs; these jobs are generally required to be in what is termed a targeted employment area ().

The accusations relate to whether the jobs in certain programs are actually in true targeted employment areas. If they are not, the applicant could potentially find themselves in some difficulty two years later when it comes time to have conditions removed from their green card, I-829 petition time.

It is believed that USCIS are looking into some of the accusations.

The two year date is important as the residency (green card), if approved, is initially granted on a conditional basis for a two-year period. At the end of that period the applicant applies for an I-829 petition and will need to show that the funds were utilized as agreed and ten jobs meeting the required criteria were created.

The issue of failure to create approved jobs has already seen a number of I-829 denials; this could lead to the eventual deportation of the EB5 visa holders.

This issue does illustrate just how important it is to carry out detailed before choosing which particular regional center program is right for all your needs. It is simply not safe enough to take at face value assurances that may be given by regional centers. It is too late to find out there is a problem after you have invested and obtained your conditional visa.

If you are planning to move to The on the EB5 visa, contact Chase Brodsky of WhichEB5 who will be happy to set-up a free consultation for you. Which EB5 have a 100% success record with EB5 visa .

+Stephen Parnell 

 
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EB5 Visa Outlook for 2012
January 11th, 2012

EB5 Visa Outlook for the futureCould the investment requirement of $500,000 be increased?

Ongoing uncertainty in many countries throughout the world has resulted in increased interest in immigration to the .

All over the globe political concerns including the uncertainty in after the death of Kim Jong II, environmental concerns such as natural disasters in and economic concerns such as the problems in the Euro zone make the USA seem an ideal oasis of calm by comparison.

The fact that recent USA labor figures show unemployment finally starting to decline emphasize that the US is beginning to put its problems behind it. The USA has many advantages including its transparent political system and world leading education system which have made it the preferred choice for so many families seeking to improve their family’s quality of life.

For many, the preferred route to achieve this has been the EB5 visa, it is one of the few readily available options that allows an entire family (applicant, spouse and unmarried children under 21) to get in the USA in a relatively quick time.

Currently the EB5 visa requires an investment of $500,000 in what the (USCIS) terms a “Regional Center”. However, there has been commentary by certain leading political figures that the $500,000 investment, which has not been altered for over ten years, could be increased in September 2012. If you are considering the EB5 immigrant as the best method to achieve permanent residency in The USA, you may be interested in a significant point made by Senator Grassley of Iowa, who is the ranking member of the Senate . In his statement on reauthorizing the EB5 regional center pilot program, Senator Grassley made a number of points including:-

“I think it’s important to consider whether the dollar amounts should be raised. They have remained at $500,000 and $1 million since the early 1990s.”

The increased popularity of the EB5 visa makes such an increase a possibility, and in the event of such an announcement, it is likely there will be a rush of applicants to beat an increase. Such a rush would have consequences in terms of supply and demand of places. In theory there are over 200 regional centers offering programs qualifying for the EB5 visa, however, currently many of them are inactive.

Of those regional centers currently offering projects, a significant number have very limited experience and/or potentially very speculative programs which show only a few previous investors.

Many potential EB5 visa applicants require programs that can point to an unblemished record, including the following:-

1.          A good record of applications progressing through USCIS system in a timely manner, (times can vary from under six months to well over a year).

2.          A 100% record of success.

3.          A 100% record of success.  At this stage conditions are removed from the .

4.          The return of the full $500,000 within a reasonable time period. Many feel this needs to be between four to six years.

Despite lavish claims made by a number of regional centers at the beginning of 2012 it seems that only one regional center will have fully met all these criteria. (Further factual information can be obtained from WhichEB5).

It is important to be aware that in 2011 a number of regional centers programs were investigated by USCIS and later closed. In other cases families had I-829’s rejected. It is important to be very careful when choosing a regional center program and look beyond the all too typical sales hype and false promises.

For those looking at the EB5 visa as the best route to settle your family in the USA, but wanting the widest possible choice of regional center programs, there may be regional centers, which although not fulfilling all the four criteria above, may be of interest depending upon your own specific requirements. Arrange a free briefing through WhichEB5 now and you can be updated on the options available and the latest news about the EB5 visa program.

Contact Chase Brodsky on +1-561-771-1330 or via email at chase@whicheb5.com – Request full details of EB5 Visa programs

 
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EB5 Visa is improving US employment figures
January 9th, 2012

EB5 visa program improves unemploymentEncouraging economic data from The was contained in the latest jobless figures which showed the jobless rate falling to a three-year low, with an extra 212,000 people finding jobs. (Some credit going to the EB5 program). These figures have helped drive the unemployment rate down to 8.5% but a number of politicians have stressed that more needs to be done.

With the Presidential elections due later in the year, there is substantive political pressure to further reduce the jobless figures and the EB5 visa remains one method that effectively creates new jobs for workers and does NOT have a cost to the tax payer.

The EB5 visa works on the basis that immigrants to the USA can be granted residency status for themselves, their spouse and their unmarried children under 21 in return for investing $500,000 in what is termed a program. The (USCIS) has to date approved over 200 of these centers.

The performance of the has varied considerably; some have already created thousands of jobs benefiting the US economy, where others have collapsed achieving very little and potentially losing some or all of the investor funds.

For those of you planning to move to the USA and seeking on the various regional center options the EB5 regional center program is expected to be extended at some stage during 2012, although there has been some discussion as to whether the required investment level may be raised above the current $500,000 level.

For more information on how the EB5 visa can obtain permanent residency in the USA for you and your family please contact Chase Brodsky on +1-561-771-1330 or via email at Chase@.com or register for EB5 visa information here.

 
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Questions and Answers on the EB-5 visa
April 22nd, 2011

questions and answers on EB-5 visaMany of the we receive on the EB-5 come from people searching the internet for on the EB-5 .

It may seem a difficult task obtaining information on this visa but it is important to remember that you are not alone. Many thousands of families have successfully taken the EB-5 route to the USA over the past few years and some of their experiences may be useful if you are currently looking at offering EB-5 visa places.

If you have any questions on the and would like details of how other immigrants found all the information they needed to make a move to the USA please contact Which EB5

 
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Latest List of EB-5 Visa Regional Centers
January 11th, 2011

With 132 regional centers approved by USCIS to take your $500,000 in exchange for a Green Card many of our clients have told us they are searching for a directory of EB5 regional centers.

The problem is a directory is just that, a directory, and it can be dangerous if you do not have ALL the available information. The information contained may provide the basics but it is what it does not contain that can be potentially serious.

•    An EB-5 directory does not tell you which of these centers have returned all the original $500,000 of investors’ funds and which have not.
•    A list of EB 5 Regional Centers does not give you an independent analysis of the positives and negatives found when an impartial expert visits the center.
•    An EB5 directory does not tell you which of these centers have been subject to negative comments in trade and local newspapers.
•    A list of EB5 Regional Centers does not tell you which centers have specific economic models which many immigrants prefer in the current economic climate.

These are just a few examples of why a directory of EB-5 programs alone is potentially dangerous and why you need to know the positives and negatives of the regional centers you may be looking at – for more information contact us at: info@WhichEB5.com

A Directory of EB-5 Regional Centers

Alabama -America’s Center for Foreign Investment
Arizona – Arizona EB-5 Regional Center
Green Card Fund, LLC
Grand Canyon Regional Center, LLC
California – Alliance Regional Center
American Logistics (International) Regional Center
American Redevelopment Regional Center
Bay Area Regional Center
California Consortium for Agricultural Export (CCAE)
California Green Regional Center
California Global Alliance Regional Center
California Investment Immigration Fund
California Military Bases (CMB)
California Pacific Group Regional Center
California Wineries and Vineyards
FDIUS Regional Center
FFC-East Bay Regional Center
El Monte Regional Center
Green Energy Regional Center
Imperial Regional Center
Los Angeles Regional Center C/O American Dream Fund
Los Angeles Regional Center California Film Commission
M&D Regional Center, Regional Center Properties
, LLC
Regional Center Properties, Inc.
Regional Center Management Los Angeles
American Life Development Company LLC
Riverside PUMA Area Regional Center
Synergy California Green Hospitality Regional Center, LLC
US Commercial Regional Center
South East Los Angeles Regional Center
US Employment Development Lending Center, LLC

Victorville Regional Center
YK America Regional Center
California Energy Investment Center
Silicon Valley Venture Investment Regional Center
Colorado – Colorado Intercontinental Regional Center
Rocky Mountain High Regional Center
Invest U.S. Regional Center
Colorado Regional Center, LLC
Anacostia Regional Center
Capital Area Regional Center TM, EB-5 America
DC Regional Center
American Life Investments, LLC
Florida – BirchLEAF Miami 31
Charlotte Harbour Regional Center
Florida EB5 Investments LLC Regional Center
Florida Equity and Growth Fund Regional Center
Florida EB-5 Regional Center, LLC
Florida Regional Center, LLC

Lake Buena Vista Regional Center
Mirzam Investor Green Card Regional Center
Palm Beach Regional Center
Palm Coast Florida Regional Center
Regional Center of South Florida
Gold Coast Florida Regional Center

South Florida Investment Regional Center (SFIRC)
America’s Center for Foreign Investment
Georgia – Atlanta EB5 Regional Center
Georgia Center for Foreign Development and Investment
Southeast Regional Center LLC
Guam – Guam Strategic Development Regional Center

Hawaii Regional Center
Golden Pacific Ventures Regional Center
Idaho – Idaho State Regional Center
Invest Idaho Regional Center
Illinois – Chicagoland Foreign Investment Group (CFIG) Regional Center
LaSalle County Business Development Center (LCBDC)
Midwest Center for Foreign Investment, LLC
Iowa – Iowa Department of Economic Development (IDED)
Kansas – Kansas Bio-Fuel Regional Center
Midwest Center for Foreign Investment, LLC
Midwest EB-5 Regional Center
Louisiana – Gulf Coast Funds Management Regional Center
New Orleans’ Mayor’s Office Regional Center
Louisiana Mississippi Regional Center
Maryland Center for Foreign Investment, LLC

America’s Center for Foreign Investment LLC (ACFI)
Gulf Coast Funds Management, LLC
Mississippi Gaming and Entertainment Regional Center
Michigan – EB-5 MRC
Green Detroit Regional Center, LLC
Lansing Economic Development Corporation (LEDC) Regional Center

Nevada – Clark County Regional Center
Las Vegas Regional Center
Nevada Regional Economic Development Center (NREDC)
New Jersey- New Jersey Regional Center
New York – Buffalo Regional Center

Manhattan Regional Center, LLC
New York Immigration Fund, LLC
New York Proton Regional Center, LLC
New York City Regional Center
Upstate New York Regional Center (UNYRC)
Atlantic Regional Center for Foreign Investment, LLC (ARCFi)
North Carolina – North Carolina Center for Foreign Investments
Carolina Center for Foreign Investments
Tennessee Regional Center, LLC
Ohio – Cleveland International Fund
CMB Summit Regional Center
Northeast Ohio Regional Center
Oklahoma – South West Biofuel Regional Center (SWBRC)

Pennsylvania Department of Community and Economic Development Regional Center
South Carolina – Carolina Center for Foreign Investment Regional Center
South Dakota – South Dakota International Business Institute (SBIDI)
South West Biofuel Regional Center (SWBRC)
Tennessee – America’s Center for Foreign Investment
Tennessee Regional Center, LLC
Texas – City of Dallas Regional Center, Global Century Regional Center
Global Century (Houston)
North Texas EB-5 Regional Center LLC
Star of Texas Regional Center
Utah – Invest U.S. RC

Vermont – Vermont Agency of Community Development EB-5 Regional Center
American Life, Inc. – Lakewood Regional Center
Washington – American Life Regional Center
Aero Space Port International Group (ASPI Group) Regional Center
American Life Ventures Everett, Washington
American Life Seattle Regional Center ( Gold Rainbow Freedom  Fund)

Whatcom Opportunities Regional Center
American Life Ventures Tacoma Washington
Wisconsin -  Ecorntech Regional Center
Metropolitan Milwaukee Association of Commerce (MMAC)
Wyoming – Invest U.S. Regional Center

 
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EB-5 visa discussions at 36,000 feet
August 4th, 2009

I have just enjoyed another nine hour flight across the Atlantic after undertaking several relocation briefings in Europe. It seems that whatever the troubles are in the world there are still many of you who for a number of reasons want to emigrate to the , however sometimes that’s where problems can start.

On the flight over I was talking to the passenger next to me, who hearing what I do relayed his experiences of the immigration process, some of his problems seemed more turbulent than the bumpy patches we kept hitting during the flight!

He had embarked on the treadmill of immigration to the States several years before beginning with an investment of over $300,000 in a business to obtain an  which had been granted for one year. However he had found it difficult to maintain his business in his home country while developing his new business in America; he had been advised by his to then apply for an E2 visa. This was successful and he was granted a visa for three years however the full implications of the E2 visa not providing permanent residence had not registered with him.

As we were talking he mentioned that his eldest child was just finishing High School and about to enter University in the States, he had found out that she would not qualify for lower fees that residence status would have provided and additionally she may well have to return to her country of birth after graduation, as after 21 she would no longer be covered by his E2 status.

Apparently he had never been advised about the program or the financial implications of not having permanent residence status – when adding up all his costs to date comprising several sets of attorney fees, the business investment in the USA, higher property taxes, higher College fees for his children and after all that the children having to return to their country of birth, it seemed an expensive oversight.

Which research all , you make the same $500,000 investment and get independent experts at no cost to you. Our impartial advise has helped more than a hundred families obtain Green cards. Contact the experts at Which EB5 by clicking here now.

 
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Looking for the right way to choose an EB-5 Regional Center
April 8th, 2009

Over the last week I have been traveling America continuing my quest to meet with representatives and/or attorneys representing regional centers. I am digesting the content of my notes from this trip and will be looking for points that affect our client’s choice of . We will feature many of these observations here on our Which blog in the coming weeks.

Some of my early observations still come back to the same important :

1. How safe is the methodology, will my become permanent?
2. What is the exit strategy – How will I get my investment back and when?
3. What are the implications of a regional center requiring the client to use a designated and does that create a conflict of interest?
4. How do relatively new regional centers compare to those with a track record?
5. Does the geographic location of a regional center have an impact on the client’s choice of ? Should it?
6. With so many new EB-5 regional center choices becoming available, what is the best way for a potential immigrant investor to choose where to invest, who to trust?

As we progress through 2009 our clients around the world will undoubtedly be bombarded with creative advertising offering all sorts of exotic camera shots of fantastic looking destinations all in an effort to promote any one particular regional center. Don’t let that glamour cloud your judgment. Forget the sales spiel; focus on the cold hard facts, some of which may be a little cloudy!

Despite what you might be told by employees or representatives of regional centers I have one sage piece of advice: Don’t be hasty! Even if you are told that spaces are limited, or time is running out (both of these statements may be perfectly true). Make sure you are entirely happy with your decision before you sign agreements or part with your funds. A very wise and wealthy friend once said to me “If it’s a good deal today, it will be a good deal tomorrow”.

Keep watching this space for updates. Contact me directly for a chat or with questions if you want help with your choices.

 
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WhichEB5.com, its owners and associates, do not function as attorneys or legal counsel and do not attempt to interpret immigration law and do not provide or offer legal advice or legal services or investment advice. Anyone considering an Investment based Visa should seek independent professional advice. The information on this site is intended to be general on the subject of the EB5 investment visa green card program and should not be relied upon for any specific situation. Any reference to designated regional centers on this website is posted as reference material only. For legal advice, please contact one of our attorneys. Prior results do not guarantee a similar outcome. Results depend upon a variety of factors unique to each person. Which EB5 is a service of Ireeco LLC 1515 N.Federal Hwy. Suite 300 Boca Raton Florida 33432 USA Telephone: +1-561-771-1330.