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EB-5 Immigrant Investor

January 31, 2017 | Posted by Business Immigration Group | Permalink
On the heels of the controversial executive order barring entry of nationals from seven predominantly Muslim countries, President Trump is now about to set his sights on business immigration issues. read more
June 22, 2015 | Posted by Business Immigration Group | Permalink

This alert covers the following recent developments in business immigration law:

  • State Department Reports Technical Issues with Visa Systems.
  • USCIS Issues Guidance on When to File an Amended H-1B Petition.
  • Senate Judiciary Committee Leaders Introduce Legislation to Reform the EB-5 Regional Center Program.
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August 18, 2011 | Posted by Ted Ruthizer, Co-Chair, Business Immigration Group | Permalink

We all know the depressing statistics – housing prices have fallen 33 percent since the housing bubble burst in 2008.  This is higher than the drop in market value even during the height of the Great Depression.  And while house prices continue their slide, four out of five new mortgages require at least a 20 percent down payment, putting home ownership out of the reach of most Americans.  Almost five million households are either in foreclosure proceedings or are perilously close to falling into that morass.  Fortunately, there is an answer that will help solve the housing crisis – immigrant investors.

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May 23, 2011 | Posted by Jeffrey Barlekamp, Associate | Permalink

On May 19, 2011, USCIS announced significant improvements to the administration of the EB-5 Immigrant Investor Program.  As many of you know, the EB-5 program makes 10,000 green cards available annually to foreign nationals who invest $1 million (or under certain circumstances $500,000) in a new commercial enterprise.  The investment must also create or preserve at least 10 full-time jobs for qualifying U.S. workers.  Although EB-5 investors may petition on their own, it is easier and safer to petition through a designated “Regional Center” – private or public entities that are recognized by USCIS as promoting economic growth and job creation.  These Regional Centers generally have shovel-ready projects ready and waiting.  And, most are located in “targeted employment areas,” meaning investors usually only need to invest $500,000 to qualify for a visa.  But, before foreign investors can invest in these projects, the Regional Centers must first petition USCIS to have their investment projects approved, a process that takes months of back-and-forth discussions between USCIS and the Regional Centers.  It then takes more months for the individual immigrant investor’s actual EB-5 petition to be processed.

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October 5, 2010 | Posted by Business Immigration | Permalink

What are the advantages of becoming a U.S. permanent resident (“green card holder”)?

A permanent resident may live in the U.S. for as long as he wants, may work or not work without limitation, and may apply to become a U.S. citizen five years after becoming a permanent resident. A spouse and child (under 21) may obtain permanent residence at the same time as the principal applicant.

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