August 24th, 2011 |
In an attempt to find out which is the most appropriate regional center program, some families put a lot of emphasis on information they obtain from statistics.
The problem with statistics is they can present data in a dangerously misleading way.
As an example let’s look at an often asked question -
Which are the EB-5 regional centers with the highest number of I-829 approvals?
OK, the statistics may give you the approval figures, (depending on which source you obtain them from) but they will not give you the all important conclusions to draw from this question.
For example the statistics do not tell you -
- If the approvals were for a regional center that operates different types of program. Some centers regularly offer different programs that vary enormously in quality.
- They will not tell you if USCIS has changed its perspective on the program for that center. Simply because USCIS previously approved a program this year is not necessarily a guarantee they will next year, what happens if criteria changes?
- The statistics will not tell you the likelihood or otherwise of applicants getting their $500,000 capital back from a center. Many EB-5 visa applicants need to have both their visa approved and also to see the return of their $500,000 in a reasonable period of time.
- Statistics will not tell you the very important implications if most of the applicants are from a particular country, particularly a large non English speaking country such as China. It is very important you are made aware of the potential implications of this.
How many approvals are we talking about?
- A figure of 100% on a handful of approvals over a five year period or 80% on several hundred?
- Why a center with one of the highest number of approval figures also has had a number of I-829 refusals, it is critical you are made aware of the extremely important implications of this.
Choosing an EB-5 visa regional center program requires experienced and impartial advice, you cannot simply rely on the statistics given by the regional centers or some of the consultants and attorneys who may actually be working with a particular regional center.
If you would like more information on your visa options to The USA and a free consultation on the strengths and weaknesses of EB-5 programs contact Which EB5
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Tags: china, due diligence, eb-5, I-829, regional center, statistics, uscis, visa, Which EB-5 Posted in Immigration | No Comments » |
July 28th, 2011 |
Those looking at the list of EB-5 Regional Center programs a few years ago were limited to 10 or so options whereas today the number of approved Regional Centers exceeds 150 and continues to grow as if on steroids!
It was certainly a less complex job to select the most appropriate option from 10, rather than 150, particularly as all is not as it seems at first sight.
Many of the 150 plus Regional Centers are currently not offering programs, others have no measurable statistics to draw comparisons on and others have not yet developed a critical mass of applicants, therefore requiring careful review when considering projects.
The amount of information available on the EB-5 has also grown, but much of this information is marketing and sales based. The information often fails to provide prospective applicants with an independent perspective and does not point out the negative aspects, as well as the positive issues.
Every day we read through a mass of information released by a variety of sources on the EB5 that may be of interest if you are considering the various Regional Center programs. Among the most interesting is the progress or otherwise of the Programs set up in the earlier days, have they repaid clients? What is there I-829 record? (Removal of conditions), have there been complaints? Etc.
For the latest information contact Chase Brodsky at Which EB5
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Tags: complaints, eb-5, eb5, I-829, information, regional center, removal of conditions, statistics Posted in Immigration | No Comments » |
March 1st, 2011 |
Over the past few weeks we have been reviewing the statistics that have been published on the EB-5 visa. There are basically two types; one from The United states Citizenship and Immigration Service (USCIS) [these are currently not broken down between individual regional center programs] plus additional data coming from some of the EB5 regional centers themselves. This is generally written to support a sales perspective.
It is clear from our research that all is not always as it appears to be at first look and we have discovered examples of regional centers making claims, which although correct, do not tell the full story.
It is critical that potential immigrants looking to the EB-5 visa are given the full story including the negative aspects. This way you can be in a position to obtain your visa, keep your visa and have the greatest chance of having all of your $500,000 returned in a reasonable period of time.
Contact the EB-5 experts at Which EB5 for more details of these findings and statistics
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Tags: eb-5, regional center, statistics, uscis, visa Posted in Immigration | No Comments » |
February 17th, 2011 |
In an attempt to find out which is the most appropriate regional center program, some families attempt to carry out a due diligence search themselves to obtain the statistics they feel are necessary to answer their questions.
The problem with statistics is they can present data in a dangerously misleading way. As an example let’s look at an often asked question –
Which are the EB-5 regional centers with the highest number of approvals?
OK, the statistics which presently come from information provided by the regional centers may give you the approval figures, but they will not give you all the conclusions to draw from this question.
For example the statistics do not tell you -
- If the approvals were for a regional center that now operates a different type of program. Some centers regularly offer different programs of variable quality.
- They will not tell you if the United States Citizenship and Immigration service (USCIS) has changed its perspective on the program for that center.
- The statistics will not tell you the likelihood or otherwise of applicants getting their capital investment back from a center. Many EB-5 visa applicants need to have both their visa approved and also to see the return of their $500,000 in a reasonable period of time.
- Statistics will not tell you the very important implications if most of the applicants are from a particular country, particularly China. It is very important you are made aware of the potential dangers of this.
- Why a center with one of the highest number of approval figures also has had a number of I-829 refusals, it is critical you are made aware of the extremely important implications of this.
Choosing an EB-5 regional center program requires experienced and impartial advice, you cannot simply rely on the statistics given by the regional centers or some of the consultants and attorneys who in reality are actually working with a particular regional center.
For more information contact Which EB5
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Tags: attorneys, china, consultants, due diligence, eb-5, questions, regional center, statistics, visa, Which EB-5 Posted in Immigration | No Comments » |
February 15th, 2011 |
Over the past few weeks we have been reviewing the statistics that have been published on the EB-5 visa. There are basically two types, one from The United states Citizenship and Immigration Service (USCIS) who currently do not break information down between individual regional center programs and the other from some of the regional centers themselves which generally are written to support the sales viewpoint that they are the best.
It is clear from our research that all is not always as it appears and we have come across examples of centers making claims that although correct do not tell the full story. It is critical that potential immigrants looking to the EB-5 visa are given the full story including the negative aspects so they can be in a position to obtain their visa, keep their visa and have the greatest chance of having all their $500,000 returned in a reasonable period of time.
Contact Which EB5 for more details
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Tags: eb-5, immigrants, regional center, statistics, uscis, visa, Which EB-5 Posted in Immigration | No Comments » |
December 3rd, 2010 |
We sometimes come across potential EB-5 visa applicants attempting to compare the various regional center alternatives.
In the absence of detailed statistical regional center information from USCIS, searching for meaningful data often results in asking a regional center (not always ideal) or relying on some information, usually found somewhere on a web site.
As part of our ongoing research we regularly monitor information relating to the EB-5 and the latest batch of incorrect facts includes –
- A site offering consultancy services on various centers which quotes an entirely inaccurate figure for I-829 successes for a particular regional center. We know the figure to be incorrect as the center in question has not been operating long enough to obtain any I-829 approvals for its clients.
- A site quoting a whole range of comparative figures that are over two years old, particularly worrying given the completely different economic climate in 2010.
For more updated EB-5 information please contact Which EB5 at: info@whicheb5.com
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Tags: applicants, approvals, eb-5, I-829, information, regional center, statistics, uscis, visa Posted in Immigration | No Comments » |
October 13th, 2010 |
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With well over 100 approved regional centers with some offering multiple programs, the answer to this question could appear to be very complex.
However, if one sets some specific statistical criteria relating to I-526 approvals and refusals, I-829 approvals and refusals, return of the $500,000 in full and in part, the findings of our site visits, local and trade press commentary, USCIS investigations and job creation among a number of issues, a relatively clear pattern emerges.
We regularly brief clients on these and other issues relating to the track record of the various programs.
For information on which regional center programs currently match this criteria contact us to arrange a consultation with a Senior Partner.
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Tags: best track record, eb-5, I-526, I-829, regional center, statistics, uscis, Which EB-5 Posted in Immigration | No Comments » |
October 6th, 2010 |
In an effort to find out which is the most appropriate regional center program for them, some families attempt to carry out a due diligence search for statistics to answer their questions.
The problem with statistics is they can present data in a dangerously misleading way. As an example let’s look at an often asked question -
Which are the EB-5 regional centers with the highest number of approvals?
OK, the statistics will give you the approval figures but they will not give you all the conclusions to draw from this question.
For example the statistics do not tell you -
- If the approvals were for a regional center that now operates a different type of program. Some centers regularly offer different programs of variable quality.
- They will not tell you if USCIS has changed its perspective on the program for that center.
- The statistics will not tell you the likelihood or otherwise of applicants getting their capital investment back from a center. Most EB-5 visa applicants need to have both their visa approved and also would like to see the return of their $500,000 in a reasonable period of time.
- Statistics will not tell you the very important implications if most of the applicants are from a particular country, particularly China. It is very important you are made aware of the potential dangers of this.
- Why a center with one of the highest number of approval figures also has had a number of I-829 refusals, it is critical you are made aware of the extremely important implications of this.
Choosing an EB-5 visa regional center program requires experienced and impartial advice, you cannot simply rely on the statistics given by the regional centers or some of the consultants and attorneys who in reality are actually working only with one particular regional center.
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Tags: attorney, consultants, due diligence, eb-5, experianced, I-829, number of approvals, regional center, statistics, uscis Posted in Immigration | No Comments » |
February 1st, 2010 |
Which EB5 sometimes come across potential EB-5 visa applicants attempting a very analytical approach to compare the various regional center alternatives.
In the absence of detailed statistical regional center information from USCIS, searching for meaningful data often results in asking a regional center (not always ideal) or relying on information usually found buried somewhere on a web site. As part of our ongoing research, we regularly monitor information relating to the EB-5. The latest batch of incorrect information includes –
• A site offering consultancy services on various centers which quotes an entirely inaccurate figure for I-829 (Removal of Conditions) successes for a particular regional center. We know the figure to be incorrect as the center in question has not been operating long enough to obtain any I-829 approvals for its clients.
• A site quoting a whole range of comparative figures that are over two years old, particularly worrying given the completely different economic climate in 2010.
For an independent look at EB5 statistics contact Which EB5
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Tags: eb-5, eb5, I-829, regional center, statistics, uscis, visa, Which EB-5 Posted in Immigration | No Comments » |
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