EB-5 Visa Consulting Firms – To Use or Not to Use?
Website design By BotEap.comWith such economic decline in the United States in recent years, foreign capital is increasingly sought after. The ability to rely primarily on domestic investment and funding sources has put businesses and corporations in a difficult position. Developers want to know how they can become a government-approved EB-5 Regional Center and attract this foreign capital, while foreign investors seeking the EB-5 visa want to know exactly which Regional Center they should invest in and how – what. it is the safest investment with the least risk and the best expected results? – That is the question.
Website design By BotEap.comThe $500,000 investment in a USCIS-approved Regional Center conditionally provides the foreign investor and the investor’s immediate family (unmarried children under the age of 21) with an EB-5 visa green card. As long as the investment directly or indirectly creates 10 jobs, the issuance of an EB-5 visa administers permanent residence in the US.
Website design By BotEap.comAlthough it sounds simple enough, with over 100 approved Regional Centers in the United States, the actual process of selecting the right one can be a difficult decision for any foreign investor, especially when the investor’s knowledge of each and every Regional Center and the whole The EB-5 process as a whole is far less than distinguished. Since the investment is totally at risk, there is a possibility that the chosen center will not meet the requirements. In this case, the investor not only loses the opportunity to obtain an EB-5 visa but also loses his money.
Website design By BotEap.comRelying solely on a Regional Center’s advertising or expected results is risky business and many Regional Centers encourage the investor to work directly with them to invest in their program. This can be to the great disadvantage of the investor and the best interests of the investor. If a Regional Center fails to report or misrepresents information, it may leave the investor in an unfavorable position. Therefore, it is very important to research and compare all options. One way, in particular, is through the use of a consulting company. The most esteemed consulting firms play a very important role in acting as a kind of impartial advisor in the EB-5 process; By providing due diligence reports, financial projections, assessing risk, reviewing all legal documents, and most importantly, monitoring the project through to completion, the consultant essentially helps remove most of the burdens from the investor.
Website design By BotEap.comThe best consulting firms consist of a team of not only expert consultants, but also include financial specialists, economists, SEC attorneys, immigration attorneys, business attorneys, industry researchers, and even marketing directors. Clearly, this type of task force possesses the necessary professional experience and skill to help the foreign investor make the wisest decision about which Regional Center to choose. Unless the potential foreign investor encompasses the education and skills of a lawyer, a businessman, and a salesperson, gathering and evaluating all the relevant data can be a harrowing task.
Website design By BotEap.comWhen inquiring about the use of a potential consulting firm, it is important to confirm their credentials; Verifying the firm’s success rate, especially by requesting personal testimonials from previous clients, and also finding out what nationalities they have worked with are useful types of information when questioning the firm’s practice. Questioning how they are being compensated can also provide evidence of the company’s validity; if only the client pays them or if they also receive kickbacks from certain Regional Centers in an effort to promote all referrals. Another source of credibility is finding out how many Regional Centers their clients have used, the higher the number, as long as they have a high success rate, it would usually be a key sign that the consulting firm is legitimate and experienced, which is ultimately what any investor would want.
Website design By BotEap.comThe expert consultancy, Exclusive Visas, works with clients whose nationalities range from Indian, Chinese, Venezuelan and even Russian. Not surprisingly, they are the leading consulting firm related to EB-5 visas in the market today. A helpful tool for simply researching the EB-5 program is www.eb5exclusive.com, where there are resources for the latest EB-5 news, press releases, and blogs.