On January 13, 2016, the National Law Review published an article entitled “Five Common EB-5 Misconceptions Explained.” Following is a short summary of that article.
Misconception Number One: Investment into the EB-5 Immigrant Investor Program guarantees a green card.
Fact: There is no guarantee. The investors’ capital is entirely at risk until the project has been completed and all statutory requirements have been met.
Misconception Number Two: Investment into the EB-5 Immigrant Investor Program creates a fast path to a green card.
Fact: EB-5 is one immigration program where there are no shortcuts to getting a green card. Current processing times included 13-14 months for I-526 petitions and 11-12 months for I-829 petitions.
Misconception Number Three: The EB-5 immigrant visa is available only to the wealthy.
Fact: The primary consideration is that the source of funds for the investment must be legitimate and legally obtained.
Misconception Number Four: The EB-5 Immigrant Investor Program benefits only the wealthy.
Fact: The communities and the unemployed labor force are primary beneficiaries of the EB-5 program through economic development and job creation.
Misconception Number Five: The EB-5 Immigrant Investor Program is a runaround of the security checks in place in the U.S. immigration system.
Fact: Background checks are performed at least twice during the application process, both prior to receiving a conditional and receiving a permanent green card.
Be a voice for EB-5. Speak out on LinkedIn.
Some of that expertise is available to you as well, in Dr. Finkelson’s ground-breaking book that was published in 2014, How to Find Chinese Investors, Agents & Clients for Your EB-5 Projects & Services. A Practical Guide for Regional Centers, Attorneys, Developers and Businessmen. Ordering information is available on our websites:www.Business-Visa-USA.com, www.Business-Visa-USA.cn, www.Business-Visa-USA.hk and www.Business-Visa-USA.ru.
As always, we welcome your input and discussions about immigration here on LinkedIn.
– See more at: http://www.datsyn.com/article/5336/2016/01/30/National-Law-Review-Explains-Five-Common-EB-5-Misconceptions#sthash.DuSgDVDz.dpuf