EB-5 News Blog
Just in time for the holidays! If you've ever wanted to understand how EB-5 visas worked from the potential investor's standpoint, but was torn between (a) websites repeating the same canned information over and over again and (b) $200 treatises that probably had more information than you wanted to know, this is the perfect book for you. This book includes most of the information that I share with my prospective clients during an initial consultation. As such, it is an [...]
What is an Exemplar EB-5 Project?
The Pre-Approved EB-5 Project Exemplar EB-5 projects are also known as “pre-approved” projects. When an investor makes the decision to invest in a Regional Center EB-5 project, she files an I-526 petition. If the Regional Center project is raising $20 million dollars in a TEA (and they are almost always in a TEA), 40 investors will each file an I-526 petition. The I-526 petitions consists of two parts: one involving specific project information and the other part pertaining to the [...]
Mortgage Observer Article
The Mortgage Observer has an EB-5 article in it this month titled EB-5 Funding On Rise, Long Arm of Law Watchful. I was quoted in it being ever bullish about EB-5s, of course. In case you are too busy to read the article here's the part where I say: “To say that you can’t do EB-5 because of what happened in Chicago is the same as saying that you can’t invest in blue chip because of what happened with Enron,” Julia [...]
Multiple Business Direct EB-5s
a/k/a Not Putting All Your Eggs in One Basket. I’ve been asked some variation of the following question from investors looking to create a Direct EB-5 venture a number of times: “Can I create two companies, for example, a trucking company and a software company, invest $1 million or $500,000 depending on the location of the companies, and then create 10 jobs 2.5 years later? […]
What Exactly Are “Indirect” Jobs?
I had said in last month’s newsletter that I would discuss the BEA (Bureau of Economic Analysis)’s announcement that it would be discontinuing RIMS II at the end of this year. But I don’t think we can discuss that without discussing how exactly “indirect” jobs are counted. Please remember that the only difference between a Direct EB-5 and a Regional Center EB-5 is that you are allowed to count “indirect” jobs only for Regional Center projects. But what does that [...]