Archive for the ‘ EB-5 ’ Category

EB-5 Updates: “TEA” Letters

Posted on: April 21, 2018 by in EB-5
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Since 1990, the EB-5 Investor Visa Program has encouraged qualified international investors to become lawful permanent residents in the United States. The EB-5 program has now been extended through at least September 30, 2018.

If you hold an EB-5 visa or if you are seeking one, keep reading, particularly if you are investing or if you are considering making an investment in a Targeted Employment Area or “TEA.”

The states are currently updating their unemployment statistics. You are about to learn how that updating may affect TEA designations and your own involvement in the EB-5 Investor Visa Program.

EXACTLY WHAT IS THE EB-5 INVESTOR VISA PROGRAM?

But first, here’s a brief overview of the EB-5 Investor Visa Program. Congress created the EB-5 program in 1990 to boost international investments in U.S.-based business ventures.

From 2005 through 2013, the EB-5 program was responsible for more than $5 billion in investments in U.S.-based businesses.

To take part in the program, investors must be admissible to the U.S. and must also meet the qualifications for an EB-5 visa.

HOW DOES THE EB-5 APPLICATION PROCESS START?

The process begins by completing an I-526 petition with the help and guidance of an experienced Las Vegas immigration attorney.

Upon approval of the I-526, if the investor now resides outside of the U.S., he or she must file a visa application with the U.S. State Department. A consular affairs officer at a U.S. consulate or embassy will determine if the applicant is admissible to the United States.

If the applicant is already in the U.S. on a different visa, the applicant must apply to USCIS (U.S. Citizenship and Immigration Services) for adjustment of status. USCIS will conduct a background check and may require an in-person interview.

WHAT INVESTMENT OPTIONS DOES THE EB-5 PROGRAM OFFER?

International investors have two options for acquiring the EB-5 visa:

1. Invest at least $1 million in a U.S.-based commercial enterprise that will create ten or more full-time U.S.-based jobs.

2. Invest at least $500,000 in a designated high-unemployment region – what’s called a Targeted Employment Area or TEA.

WHAT DO INVESTORS NEED FOR A TEA DESIGNATION?

As you might imagine, getting a TEA designation for a particular EB-5 project can be critical.

If you are requesting a TEA designation, your request – and a “TEA letter” from authorities in the state where the project is located – should be included as part of your I-526 petition.

HOW IS A “RURAL” AREA DISTINCT FROM A “HIGH UNEMPLOYMENT” AREA?

To receive a TEA designation, the EB-5 investment project must be located in a rural area or in a region with high unemployment – 150 percent or more of the national unemployment rate. Here are the specifics:

1. To qualify as a TEA “rural” area, an area cannot be within what the U.S. Office of Management and Budget designates as a “metropolitan statistical area,” and the area cannot be adjacent to a town or city with a population of 20,000 or more residents.

2. To qualify as a TEA “high unemployment” area, the area’s unemployment rate must be at least 150 percent of the national rate, and the area must be in a county or a metropolitan statistical location with a population of 20,000 or more residents.

Most EB-5 investors work through an EB-5 Regional Center, a private-sector group that pools investment funds for hotels, resorts, and similar projects.

If you invest through an EB-5 Regional Center, they will tell you if that center’s investment projects are set in a Targeted Employment Area.

WHAT DO EB-5 INVESTORS NEED TO KNOW – RIGHT NOW?

In the next several months, many states will update their unemployment figures for targeted employment areas. The states will replace the 2016 unemployment data they’ve been using with more recent unemployment figures from 2017.

An investor submitting an I-526 petition must be certain that petition includes the most up-to-date TEA letter from the state where the investment project is located.

An outdated TEA letter will likely delay any action on your I-526 petition.

In fact, an outdated TEA letter will almost certainly generate an “RFE” (request for evidence) from USCIS, so you should make certain that USCIS gets a current TEA letter – to avoid unnecessary waiting and additional paperwork.

Illinois, Florida, New York, New Jersey, Ohio, and California are already using 2017 unemployment data, so investors may request a new TEA letter from those states now.

The other states will be updating their unemployment information over the next several months.

WHICH INVESTORS WILL AND WILL NOT NEED A NEW “TEA” LETTER?

If your I-526 petition has already been approved, you will not need a new TEA letter, provided that the TEA letter you submitted was based on the unemployment data the state was using at the time you filed the I-526.

If what you have just read sounds complicated – selecting a qualifying investment project, filing an I-526 petition, and obtaining an up-to-date TEA letter – it is.

That is why international investors seeking to make an investment in the U.S. – and to acquire an EB-5 visa – must have the advice and insights of an immigration attorney who routinely guides international investors successfully through the EB-5 process.

WHO BENEFITS FROM THE EB-5 PROGRAM?

The EB-5 Investor Visa Program and the investments that are made through it are a benefit to everyone. Investors have the opportunity to bring their families to the United States and pursue the American Dream.

Business owners and developers acquire the investment funds to launch new projects – often bringing prosperity back to depressed businesses and communities.

The EB-5 program creates new jobs and new opportunities for U.S. workers. Everyone benefits.

WHEN SHOULD YOU START THE EB-5 APPLICATION PROCESS?

If you are an international investor, acquiring an EB-5 visa and determining which investment opportunity is right for you can take some diligence and determination, but most participants in the EB-5 program have found that their hard work and patience are abundantly rewarded.

And patience is something that EB-5 applicants will need. Only 10,000 EB-5 visas are made available each year, so you should start the process right away, and you should realize that you may be waiting a year or more until a visa becomes available.

The EB-5 is for international investors who have the resources, the will, and a vision for the future. Those investors will need immigration advice that they can trust.

Learn more about the EB-5 Investor Visa Program – or begin the application process now – by contacting an experienced U.S. immigration lawyer – online or by telephone – from anywhere in the world. The time to do that is now.

EB-5 Program Extended With No Change (At Least Until September)

Posted on: March 26, 2018 by in EB-5
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This is great news! In mid-March, President Trump signed the Omnibus Appropriations Bill, which renews and extends the EB-5 Investor Visa Program through September 30, 2018.

You’re about to read a brief introduction to the EB-5 Investor Visa Program, and you’ll learn why the program’s extension is so important to so many.

The EB-5 program offers permanent U.S. residency to international investors who make a substantial investment in a U.S.-based business and create at least ten full-time jobs.

WHAT ARE THE MINIMUM EB-5 INVESTMENT AMOUNTS?

The investment amount must be at least $1 million in most parts of the country – or a minimum $500,000 in selected rural or high-unemployment areas.

The EB-5 Investor Visa Program was created in the 1990’s to encourage investors to put substantial amounts of capital into U.S.-based business ventures.

Only 10,000 EB-5 visas are made available each year. International investors should understand that it may take some time to acquire an EB-5 visa, so you should speak with an immigration attorney as quickly as possible.

An EB-5 visa does not require a labor certification or a sponsor. It creates permanent lawful residency (and a path to U.S. citizenship) for the investor and his or her immediate family.

However, finding the right investment and qualifying for the EB-5 Investor Visa Program will require an experienced visa attorney’s sound legal guidance.

WHY WOULD AN EB-5 VISA PETITION BE REJECTED?

The three leading reasons that EB-5 visa petitions are rejected include:

  • an incomplete or inaccurate visa application
  • a lack of required financial, educational, and employment records
  • a chosen investment option that does not qualify for the EB-5 program

EB-5 visa applicants also must show that the investment money was legally obtained, a requirement which prevents criminal funds from going into legitimate U.S. business investments.

WHAT CHANGES ARE BEING CONSIDERED TO THE EB-5 PROGRAM?

If you are an international investor who is interested in the EB-5 program, now is the time to learn more and obtain assistance from an experienced Las Vegas immigration attorney.

The extension does not introduce any new requirements into the EB-5 program, although a number of changes have been proposed over the last several years.

It’s possible that changes to the EB-5 program will be made when the current extension expires in September.

Those proposals include increasing the minimum investment requirement to $925,000, setting aside visas specifically for rural investment projects, and increasing the safeguards against fraud.

The changes have been rejected, at least for now, and the EB-5 program remains unchanged at least until September.

That means now is the time to find an appropriate investment and apply for an EB-5 visa.

HOW CAN AN IMMIGRATION LAWYER HELP?

An experienced Las Vegas immigration attorney can verify that your investment qualifies for the EB-5 program, review your visa petition and the accompanying documents, and see to it that you meet all EB-5 requirements.

Because only 10,000 EB-5 visas are offered each year – and because changes to the program may be coming in September – you can’t let any misunderstandings or mistakes or hold up or halt your investment plans.

The U.S. economy is booming at the moment. There’s probably never been a better time to make a substantial investment.

To learn more, speak promptly – from anywhere in the world – with a U.S. immigration lawyer who can answer your questions and help you participate in the EB-5 Investor Visa Program.

EB-5 Investor Visa Program To Be Extended Through September 2017

Posted on: May 5, 2017 by in EB-5
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We have some great news for international investors! The U.S. Congress has extended the EB-5 Investor Visa Program through September 30, 2017, without any changes.

Congress has now approved a comprehensive spending package – which includes an extension of the EB-5 Investor Visa Program – that will keep the government operating through September 30th, the last day of the fiscal year.

The spending bill was supported by lawmakers in both parties, in both houses of Congress, and also by the White House.

By offering lawful permanent residency to eligible foreign investors, the EB-5 Investor Visa Program creates new jobs and new business investments in the United States.

Although a number of reforms to the EB-5 program are probably inevitable, investors and developers can now have more certainty and confidence in the EB-5 program’s future.

A group of lawmakers has been working to reform the EB-5 Investor Visa Program, but no congressional votes regarding reforms to the program will be made this spring.

WHAT REFORMS TO THE EB-5 PROGRAM ARE EXPECTED?

Currently, up to 10,000 EB-5 visas are made available every year to international investors who place $1 million or more into investment projects that create at least ten full-time jobs for U.S. workers.

A $500,000 minimum investment is all that is required if the investment project is based in an economically-depressed region that the Bureau of Labor Statistics has designated as a targeted employment area or “TEA.”

However, it is widely presumed that when Congress votes again on the EB-5 program in September, the minimum investment amount will be increased, probably to $800,000, and stricter regulations will be established and implemented.

The minimum investment amount has not been increased since the EB-5 Investor Visa Program was first established by Congress through the Immigration Act of 1990.

The five-month extension now provides international investors with at least one more opportunity to take part in the EB-5 Investor Visa Program for the minimum $500,000 investment amount.

If you are an international investor, and if you’ve been considering the EB-5 Investor Visa Program, the time to speak with a top Las Vegas immigration attorney is now.

The approval rate for the EB-5 visa is approximately 90 percent, so if you have the minimum investment amount and if you meet all of the other immigration requirements, it is quite likely that you can be granted an EB-5 visa before September 30th. But you must act now.

HOW CAN INVESTORS BEST TAKE ADVANTAGE OF THE EB-5 PROGRAM?

Uncertainty about its future has not diminished the interest of international investors in the EB-5 program.

Right now, some of the largest development projects in the country depend on EB-5 funding.

Most reform proposals for the EB-5 program would increase the minimum investment requirement while reducing the opportunities for – and increasing the safeguards against – fraud and the misappropriation of EB-5 funds.

Investors can best take advantage of the opportunities offered through the EB-5 program by working from the start with a U.S. immigration lawyer who routinely handles EB-5 visa applications.

The EB-5 Investor Visa Program is an excellent path to lawful permanent residency in the U.S. Investors can learn more – or initiate the visa application process – by consulting an experienced Las Vegas EB-5 investor visa attorney. And the best time to do that is now.

Congress Extends The EB-5 Program

Posted on: September 30, 2016 by in EB-5
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It is my pleasure to announce that on September 28, 2016, the EB-5 regional center project program has been extended without any changes until December 9, 2016.  Every two years, Congress has to re-evaluate and decide if they want to extend the pilot program that has been in place since early 1990. There has been a lot of proposals throughout the years to make the EB-5 regional center projects’ program permanent, but Congress has not touched the original regulation since its inception.  The program is now in its 24th year and currently has 1,234 regional centers participating. The program has created millions of jobs, as well as allowing thousands of international investors to move, to live, and work in the United States.

Following the presidential election, Congress is expected to consider a variety of reforms to the program. It is expected that lawmakers will enact the reforms agreed upon in the December meetings. The EB-5 program was initially created to stimulate growth for the United States economy through capital investments by foreign investors.  It also stood as a way to create more jobs. The immigrant investor program was created in 1992 which set aside the EB-5 visas for participants who invest in commercial endeavors.

Immigration is big news in the United States. Whether it is a wave of skilled workers, the poor, or children at our borders, everyone has an opinion. But, EB-5 does not address these issues. EB-5 visas require the person seeking the visa invest half-a-million dollars in business that will create at least ten new jobs in an area that has a high unemployment rate. Many big names endorsed the program in an open-ended article in the New York Times. Financial experts Bill Gates, Warren Buffett and Sheldon Adelson praise EB-5 as a win-win situation.

Challenges The EB-5 Program Has Faced

There have been challenges before with fraudulent projects or misuse of funds by the same regional center principals and it now takes more than 24 months to actually receive the decision for filed I-526s due to prolonged processing times.  Other countries, such as Canada provided programs that simply lent the investors’ money to open businesses, which is paid back over time to the government. The EB-5 program required an “at risk” investment. But by 2008, the economy was suffering, and banks and other lenders were being very cautious with their lending processes. This was the avenue EB-5 needed. EB-5 was easy money.  The regulations stated that those who were given visas under EB-5 had to show that they had hired and employed ten, full-time employees. They have a two-year window before the proof was required.  Not meeting the stipulation meant the visa holder and their families could be deported.

But all in all, this program is very beneficial to the U.S. economy, as it allows new large projects and startup programs to have financing that would not be available to obtain through conventional banking systems. This creates a lot of jobs for U.S. workers and allows investors to relocate their families and their future to the United States.

Great News For EB-5 Investors

Posted on: February 29, 2016 by in blog, EB-5
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Great news for international investors with approved EB-5 applications: Since February 22, 2016, EB-5 investors with approved I-526 petitions – and their employment immigration attorneys – are now able to obtain information directly from the new EB-5 Investor Assistance Desk at the National Visa Center (NVC) in Portsmouth, New Hampshire. After U.S. Citizenship and Immigration Services (USCIS) approves your EB-5 visa petition, USCIS sends the petition to the NVC for immigrant visa pre-processing. EB-5 investors and their employment immigration lawyers with visa processing questions and concerns may now send their inquiries directly to the following email address: [email protected]

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Your questions and inquiries will be fielded by a team of professionals at the NVC who are specially-trained in EB-5 investor petitions and the complications that typically arise. Investors or their attorneys with questions regarding derivative applicants – the investor’s spouse and/or unmarried children under age 21 children – will be required to attach documents that prove the derivative’s relationship to the primary visa applicant.

The NVC’s regular application process for filing financial, civil, and other supporting documents has not changed. These documents still must be submitted in one package in order for an investor to qualify for an EB-5 visa and to schedule a visa interview at an overseas consulate. Let an experienced Las Vegas immigration attorney with MC Law Group help you compile the necessary documents and review the application package prior to submission. The new EB-5 email desk has been designed to respond exclusively to case-specific status inquiries and to answer questions regarding EB-5 visa processing. Inquiries must be precisely formatted and include the applicant’s full name, case number, date of birth, and other required information.

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The types of obstacles that EB-5 investors must sometimes deal with at the NVC stage include delays in the issuance of Fee Bills, misspelled names on Fee Bills, missing Fee Bills for derivative applicants, and difficulties accessing DS-260 applications and paying Fee Bills on the NVC website. EB-5 investors are now able to turn to the new EB-5 Investor Assistance Desk for much needed assistance with these issues. Investors may contact an experienced Las Vegas immigration attorney at MC Law Group for assistance with the NVC process or any aspect of the EB-5 investor visa program. For the EB-5 help you need, call us promptly – from anywhere in the world – at (702) 258-1093.

Visas For International Investors

Posted on: January 11, 2016 by in blog, EB-5
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Obtaining insights and legal assistance from an experienced U.S. immigration attorney is the very best option if you are an international investor who is seeking to invest and live in the United States. You’ll need to submit a number of forms and documents to immigration authorities, you’ll need to have some patience, and to avoid any mistakes or misunderstandings, you will also need from the very beginning the legal advice and services of a good U.S. immigration attorney. Congress determines how many immigrants – and precisely which immigrants – will be allowed to enter the United States each year. A complicated formula determines how many and what kind of visas will be made available each year, and that formula also decides who will be approved for those visas. The current U.S. ratification options available to international investors include:

1. The E-2 visa: The E-2 ratification program does not currently offer international investors a green card, but it does require a “significant” investment in an active U.S. business.

2. The EB-5 visa: The EB-5 visa program, recently reauthorized by Congress, currently requires a minimum investment of $500,000 into a U.S. business and the creation of at least ten U.S.-based jobs. If the jobs are created and the other requirements are satisfied, investors and their immediate families receive green cards.

3. The L-1A visa: Another potential option for international investors is the L-1A visa. However, the L-1A is an employment-based visa that requires employer sponsorship. The L-1A visa lets a U.S. employer transfer an executive or manager from one of its foreign offices to an office in the United States.

THE E-2 VISA

If you are a savvy international investor, you are probably already aware that smart investment opportunities are abundant in every region of the United States. The E-2 visa is designed for investors from treaty-partner nations who are willing to make a significant investment in an ongoing U.S. business enterprise. To acquire an E-2 visa, an international investor must demonstrate that his or her investment will create not only profits but also jobs for U.S.-based workers. If you’re currently in the United States and you are interested in acquiring an E-2 visa, you’ll also have to apply for a change of status by submitting a Form I-129. The ratification and investment requirements are quite complicated, so you will very much want an immigration attorney’s help. Any mistake could result in substantial delays in the approval of your visa.

THE EB-5 VISA

To help finance projects such as stadiums, hotels, and vacation resorts, U.S.-based developers are looking more frequently to the EB-5 investor ratification program. The EB-5 program has provided about $6.5 billion to dozens of development projects across the United States over the last decade, and it has directly created more than 130,000 jobs. If you are an international investor looking for a good opportunity in the United States, the EB-5 ratification might be right for you.

The EB-5 ratification provides a path to lawful permanent residency; the E-2 visa does not. Investors from only particular nations – “treaty partner nations” – will be eligible to acquire the E-2 visa, but all qualified international investors may petition for an EB-5 investor visa. Through the EB-5 investor visa program, the United States allows international investors to invest in U.S.-based businesses and to live here with their immediate families. As the conditions of the EB-5 ratification are satisfied, investors and their families qualify to receive green cards. International investors with specific questions and concerns regarding the EB-5 investor visa program should consult with a good immigration lawyer in the United States. From wherever you are, you can arrange to speak with an experienced Las Vegas immigration attorney, learn more about the EB-5 visa and your other visa options, and begin the visa application process.

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BOOSTING THE U.S. ECONOMY

When the EB-5 investor ratification program was launched twenty-six years ago, it required international investors to create a new business in the United States. That requirement has changed, so that if ten new jobs are created, EB-5 investments may now be made into ongoing U.S.-based enterprises. Most EB-5 investors choose to work through an EB-5 Regional Center. Regional Centers are private groups that pool investor funds primarily for large development projects. For example, EB-5 investors are bringing new life to one of San Francisco’s most depressed districts. The $8 billion “Shipyards” project will create thousands of new homes as well as offices, retail locations, healthcare facilities, parks, an arts center, and studios for the community’s many artists.

EB-5 investors have built new university buildings, restaurants, and a number of other successful projects in Miami. EB-5 Regional Centers also funded the SLS Las Vegas Hotel & Casino and a number of other successful development projects across the country. In New York City, developers backed by EB-5 investments are building one of the largest Ferris wheels on the planet. Now in progress on Staten Island, “The Wheel” will stand over 600 feet high when it’s completed, offering spectacular views of the New York skyline. The development also includes a retail center, a major hotel, and a number of restaurants.

The EB-5 investor ratification program offers to investors from all nations a chance to pursue the American Dream and to live in the United States with their families. It offers developers and business owners another option for acquiring the investment resources they need to launch new business ventures and to bring new prosperity to sluggish companies and communities. The typical return on an EB-5 investment is a respectable eight percent, but many EB-5 investors are honestly more interested in green cards and good college educations for their children.

TARGETED EMPLOYMENT AREAS

Placing an EB-5 investment in a designated Targeted Employment Area or TEA lowers the minimum investment requirement from $1 million to $500,000. An EB-5 investment has to be located in a rural region or in an area with a high unemployment rate in order to receive the TEA designation. To qualify as a Targeted Employment Area, the location must have an unemployment rate of at least 150 percent of the U.S. national average. To obtain a TEA designation, an EB-5 ratification applicant must produce evidence that the project is located a rural or a high unemployment area.

An experienced immigration attorney can help you gather that evidence and offer other key insights and advice. Acquiring an EB-5 ratification and seeking the right investment opportunity takes some time and effort, but investors have learned that the benefits of the EB-5 investor visa program are very much worth their efforts. When an EB-5 ratification petition is approved, the visa holder/investor and his or her dependents are granted conditional permanent residence for two years. Within the ninety days prior to the end of that two year period, the investor must produce evidence that the full investment has been made and that ten jobs have been maintained, created, or will be created in a reasonable time.

CHANGES MAY BE COMING

At the end of 2015, Congress agreed to extend the EB-5 investor visa program through September 2016. Several times in 2015, Congress considered changes to the EB-5 program, but no action was taken, and lawmakers have now given themselves more time to study a number of proposals, including increasing the availability of EB-5 visas (now capped at 10,000 per year), raising the minimum investment amount, and creating tougher penalties for non-compliance. With only 10,000 EB-5 visas offered each year, it’s important for investors to begin the process as early as possible. The EB-5 visa is a superior and increasingly popular path to lawful permanent residency in the U.S. for those international investors with the resources and the tenacity to pursue it. Learn more about the EB-5 investor visa program by arranging a consultation with an experienced Las Vegas immigration attorney.

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THE L-1A VISA

A third possible option for international investors is the L-1A visa. The L-1A is a nonimmigrant ratification that allows a U.S. employer to transfer an executive or manager from one of its foreign offices to an office in the United States or to send an executive or manager to the United States to establish one. An eligible executive or manager must have worked outside of the U.S. for the sponsoring employer for one continuous year in the three-year period prior to entering the U.S. An L-1A is approved for one year. Requests for extensions may be granted in two-year increments until the employee has reached the limit of seven years. The L-1A visa is a temporary, nonimmigrant visa, so an L-1A visa holder who desires to and remain in the United States will need to request a change of immigration status. For example, after the L-1A is approved and all conditions have been met, the manager or executive may apply for an EB-1(c) visa, and upon approval of the EB-1(c), for a green card.

The United States always needs creative entrepreneurs, bold investors, and hard-working families. Their dreams can still come true here. Of course, preparation, patience, persistence, and good legal counsel are all needed whenever an investor – or anyone else – applies for a ratification to enter the United States. Every immigrant and immigration situation is unique, so whether you are an international investor or a U.S.-based sponsor, it’s important to have your immigration-related questions answered and your concerns addressed by speaking to an experienced Las Vegas E-1 E-2 investor lawyer. Every ratification takes time, so it’s best to start the process and make the call to an E-1 E-2 investor attorney promptly.

EB-5 Investor Visa Program Extended

Posted on: December 17, 2015 by in blog, EB-5
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The EB-5 investor visa program will be extended with no changes through September 30, 2016, as part of the omnibus spending bill that Congress approved in December. The EB-5 investor visa program creates new jobs and new business investments in the United States by offering lawful permanent residency to qualified foreign investors. If you are an international investor seeking a superior investment opportunity, speak promptly – from wherever you are in the world – with an experienced Las Vegas employment immigration attorney to learn more about the EB-5 investor visa agenda and the abundance of good investment opportunities in the United States.

Congress came close to making some changes to the EB-5 agenda in 2015, and a number of proposals were offered, but in the end the EB-5 agenda was reauthorized without change. Congress will now have until September 2016 to consider proposed changes. For now, to acquire an EB-5 visa, an international investor must invest at least $1 million in a new business that creates ten or full-time U.S.-based jobs, or the investor must put at least $500,000 into a “Targeted Employment Area.” Most EB-5 agenda participants invest through the EB-5 Regional Center Program. Regional centers are private-sector entities that pool investor money to develop hotels, resorts, and other projects. From 2005 through 2013, the EB-5 investor visa agenda generated approximately $5.2 billion dollars in direct investment into the United States.

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International investors can best take advantage of the EB-5 program and the investment opportunities in the U.S. by working from the beginning with a U.S. immigration attorney who routinely helps investors dealing with immigration issues. There is an annual cap on EB-5 visas – only 10,000 are made available each year – so it’s important to begin the process as quickly as possible. The EB-5 visa is a superior path to lawful permanent residency in the United States for willing and able international investors. Those investors can learn more – or begin the application process – by consulting right away with an experienced Las Vegas employment immigration lawyer.

Options For International Investors

Posted on: November 9, 2015 by in blog, EB-5
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Las Vegas immigration attorneyTwo members of the U.S. House of Representatives are proposing the creation of a new endorse– it would be the “EB-6” visa – for international investors who can obtain “significant” venture capital funding for a business or otherwise establish a business that creates jobs. The legislation is being sponsored Representative Zoe Lofgren of California, who represents Silicon Valley, and Representative Luis Gutierrez of Illinois, a leading advocate of immigration reform. Any business venture linked to an EB-6 visa would have to meet a number of requirements. While another immigration option is always welcome and needed, international investors should speak with our experienced Las Vegas E-1 E-2 investor attorneys about the options that are currently available. The current visa options available to international investors include:

  • The EB-5 visa: The EB-5 endorse currently requires a minimum investment of $500,000 into a U.S. business and the creation of at least ten jobs. Investors receive a green card if the jobs are created and all other requirements are met.
  • The E-2 visa: The E-2 visa program requires a “significant” investment in an active U.S. business. It does not currently offer the investor a green card, although a proposal to link the E-2 visa to lawful permanent residency is being considered by Congress.
  • The EB-1(c) visa: Although it is an employment-based visa, so an applicant must be sponsored by a qualifying employer, another possible alternative for international investors is the EB-1(c) visa.

The U.S. economy is once again growing, and great investment opportunities can be found in every part of the country. You can make the call from anywhere in the world and arrange now to speak with a knowledgeable U.S. immigration attorney. If you have ever considered investing in the United States, this is the right time. Discuss your goals as soon as possible with an experienced Las Vegas E-1 E-2 investor attorney who can provide the sound legal advice you need and help you obtain the endorse that’s right for you.

Investors May Want To Act Now

Posted on: November 4, 2015 by in blog, EB-5, immigration
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Las Vegas immigration lawyerFor a quarter of a century, the EB-5 Regional Center Program has created thousands of jobs and brought abundant benefits to international investors and U.S. businesses alike. Current authorization for the EB-5 program was set to expire at the end of the fiscal year – on September 30 – but Congress has passed a continuing resolution (CR) that temporarily extends the EB-5 Regional Center Program through December 11. The CR gives Congress additional time to consider changes before formally reauthorizing the Regional Center Program. Congress should act in a way that strengthens and protects the EB-5 program to ensure its continuing success. If you are an international investor, learn more about the EB-5 program and investment opportunities in the United States by speaking as soon as possible with our experienced Las Vegas employment immigration lawyers.

With the December deadline looming, international investors may want to consider taking immediate action. The EB-5 Regional Center Program will almost certainly be reauthorized, but it will not be the same. The minimum investment amount – currently $500,000 – will probably increase, the definition of a Targeted Employment Area will probably change, and there will probably be additional requirements for prospective EB-5 investors. You may want to contact an immigration attorney immediately and get your petition on file now, before Congress acts, which could be at any time before December 11.

To obtain an EB-5 visa, an international investor – under the current arrangement – must invest at least $1 million in a new business hiring ten or more full-time U.S.-based employees or at least $500,000 in a Targeted Employment Area. The EB-5 program offers participating international investors the benefits of lawful permanent residency in the United States. Learn more – or get started now – by arranging as quickly as possible to consult with an experienced Las Vegas employment immigration lawyer. The December 11 deadline is rapidly approaching, and Congress could act even sooner, so make the call at once to learn more about EB-5 visas and some great investment opportunities in the U.S.

Proposed Changes To The EB-5 Program

Posted on: October 11, 2015 by in blog, EB-5
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Las Vegas immigration attorneyBy offering permanent U.S. residency to qualified foreign investors, the EB-5 visa is designed to create growth in the U.S. economy through new jobs and new business investments. If you are an international investor and you are interested in permanent residency in the United States, the EB-5 visa may be appropriate for you. To begin the visa petition process or to learn more, promptly contact our experienced Las Vegas employment immigration attorneys. The current EB-5 visa program is set to expire at the end of September. Congress will certainly reauthorize the program, although a number of reforms are being suggested:

  • HR 3370, the Entrepreneurial Business Creating Jobs Act of 2015: HR 3370 seeks permanent reauthorization of the EB-5 program and provides additional visas if the annual 10,000 cap is reached. It also includes workable security and compliance measures for the EB-5 regional centers, along with a much more workable definition for designating temporary employment areas (TEAs). The measure would also increase the minimum investment amount required for participation in the EB-5 program.
  • HR 616, the American Entrepreneurship and Investment Act: HR 616 seeks to authorize permanently the EB-5 program and provides for a number of reforms. Key provisions include eliminating derivative visas from the 10,000-visa annual limit and reducing processing times for the adjudication process. The measure also strengthens background checks and requires regional centers to be more accountable for their actions.
  • HR 2131, an amendment to the Immigration and Nationality Act: HR 2131 is a much more detailed bill that deals with a number of immigration questions. It allows DHS to “immediately terminate” a regional center for noncompliance, and it ties the minimum investment amount for future EB-5 investments to the consumer price index.

The variety of legislative proposals proves how important the job-creating, investment-yielding EB-5 program is to the U.S. and its economic growth. From 2005 through 2013, the EB-5 program generated approximately $5.2 billion dollars in direct investment into the United States. International investors can best take advantage of the EB-5 program and the abundant investment opportunities in the U.S. by working from the beginning with an experienced Las Vegas employment immigration attorney. The legal help you need is here – don’t wait to make the call.