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Posts Tagged ‘EB-5 investors’








Klasko Immigration Law Partners, LLP Launches EB-5 Compliance Sector

January 30, 2015 @ 1:47 pm
Posted by Exclusive Visas

Firm Expands Its Internationally Recognized EB-5 Immigration Practice to Include an EB-5 Compliance Sector

Klasko partner Daniel B. Lundy has been tapped to head the compliance sector at the firm.

 

As posted by PRWEB, Philadelphia, PA (PRWEB) January 30, 2015

Klasko Immigration Law Partners, LLP, named one of America’s top Immigration Law Firms by U.S. News and World Report, has launched a compliance practice to complement its world-renowned EB-5 visa practice headed by firm chairman H. Ronald Klasko. Mr. Klasko was recently recognized again by EB-5 Investor Magazine as one of the top 25 attorneys in the U.S. for EB-5 matters.

Klasko partner Daniel B. Lundy has been tapped to head the compliance sector at the firm. Like Mr. Klasko, Mr. Lundy is a seasoned EB-5 attorney and is also recognized as one of America’s top 25 EB-5 attorneys by EB-5 Investor Magazine.dan lundy

The U.S. Immigrant Investor Program, or “EB-5” as it is commonly known, is a visa program for investors and entrepreneurs who make investments of $500,000 or more into projects and enterprises in America that create jobs for qualifying workers. Government-designated regional centers pool investor funds for deployment into such ventures, which are typically large-scale, multi-year, multi-million dollar real estate development or infrastructure projects. In turn, each immigrant investor must demonstrate that his/her investment has created at least 10 full-time permanent jobs in the U.S. in order to qualify for a green card through the EB-5 Program.

Verifying job-creation for each investor requires a team of dedicated legal, business, economics and accounting professionals who understand the complexities of EB-5, and are prepared to chart the course for clients from project proposal, through job-creation, to documentation and eventual permanent residence for the immigrant investors. Klasko has added a compliance team to its already extensive EB-5 practice sector to do just that.

On February 10, 2015, Klasko Immigration Law Partners, LLP will host a complimentary one-day seminar for real estate attorneys, developers and regional centers at The Hub Cira Center in Philadelphia: “Marketing and Compliance: A Guide for Regional Centers and Developers”. The program begins at 8:00 am with registration and continental breakfast, and finishes at 4:00 pm with a networking cocktail reception immediately following. Attendance is limited and RSVPs are encouraged by Friday, February 6, 2015.

For more information on the seminar, or on the firm’s EB-5 compliance practice, please go tohttp://www.eb5immigration.com or http://www.klaskolaw.com or contact Mr. Lundy directly at: dlundy(at)klaskolaw(dot)com.



EB-5 Educational Meetings in Brazil

January 7, 2015 @ 10:08 am
Posted by Exclusive Visas

Rua Dom Diniz, 29, São Paulo, SP

Rua Dom Diniz, 29, São Paulo, SP

 

TP 2 logoJAFREJO Holdings and The Burgess Law Firm will be conducting educational meetings about EB-5 for those interested in learning more about EB-5 between February 26 and 28th, 2015, at the prestigious APAMAGIS – Associação Paulista de Magistrados (Paulista Association of Magistrates).

The events which will be conducted in Portuguese, will explain in more detail the EB-5 process, as well as present EB-5 opportunities in Miami and Orlando.Hampton logo

Individual meetings will also be conducted. For more information, or to schedule an appointment, please contact Renata Castro Renata@exclusivevisas.com  - by phone 954-727-9800 or in Brazil 55 11 3323 7479.

APAMAGIS is located at Rua Dom Diniz, 29, São Paulo, SP.

We look forward to seeing you there! 

 



Brazil and EB-5 by the numbers

December 19, 2014 @ 10:22 am
Posted by Exclusive Visas

By Renata Castro, Project Manager at Exclusive Visas        

In recent years I have been repeatedly asked about official numbers for EB-5 pertaining to Brazilian Investors’ I-526 filings. It shouldn’t come as a surprise – as the number of EB-5 offerings increased radically, and the cost (and availability) of raising EB-5 in China became more and more pervasive, EB-5 Regional Centers, Projects, Franchises, and Immigration attorneys alike began  pursuing a new frontier for their EB-5 related marketing efforts.

Brazil, for several reasons, has been a strong contender to other more established EB-5 markets, for a few reasons:

  • Brazilians (unless those with dual citizenship) do not qualify for E-2 visas;
  • Brazilians have also been eliminated from the green card lottery recently;
  • Growing political turmoil in Brazil, paired with a long history of mismanagement of public funds and corruption;
  • Violence; among other things.

EB-5, when Exclusive Visas first visited Brazil around three years ago, was relatively new to Brazilians. I recall spending countless hours translating conversations between prospective EB-5 investors and immigration attorneys that were mostly related to the basics of EB-5. Now EB-5 investors are much more sophisticated, asking questions that are more elaborate, resulting from a year-long (usually) exploration of EB-5 as a viable immigration option (not necessarily a review of projects).

The numbers, as shown below, can be interpreted as a strong indicator of a few trends, which I will discuss below:

Receipts, Approvals, and Denials for Brazil – Fiscal Year 2005 to 2014[1]

FY

Receipts

Approvals

Denials

2005

2

0

2

2006

1

1

0

2007

2

1

1

2008

7

0

0

2009

8

11

1

2010

10

5

1

2011

11

6

2

2012

18

13

1

2013

19

9

0

2014

47

17

3

Grand Total

125

63

11

Report Date and Data Queried: November 18, 2104 Data type: Receipts, Approvals, and Denials by Fiscal Year with a country of birth of Brazil, Form Type I-526.

 It’s important to analyze this data not in light of numbers from China, which is a mature and organized EB-5 market. Brazilians have the ability to hit double digits in EB-5 petitions very soon, and here’s why I am placing on my bets on this blooming EB-5 market:

  • In spite of the exchange rates terrible turn for the worse from 2012 to 2014, EB-5 petitions have doubled. In 2012, US$ 1 = R$ 1, 79. In 2014, US$ 1 = R$ 2,80. It costs almost double for Brazilians to do EB-5 today than it did in 2012, and yet numbers continue to rise.
  • Although there are a considerable number of denials, they are likely from direct EB-5 petitions. EB-5 investors from Brazil tend to explore direct EB-5 more aggressively than their Chinese counterparts, however, a growing number of more educated EB-5 investors has come to realize that Regional Center –affiliated projects tend to offer a higher likelihood of approval.
  • Inquiries from Brazil have continue to grow, as reported by Regional Centers and Franchises across the USA
  • EB-5 capital out of Brazil tends to come at a lower cost for projects as there aren’t any intermediaries.
  • Brazilian investors tend to visit projects in the USA prior to making an investment decision. This causes considerable delays in the process, for practical reasons. 

For periodic updates on Brazil’s EB-5 interests, and other up and coming EB-5 markets, subscribe to Exclusive Visas’ newsletter.



USCIS updates processing times for all EB-5 related petitions

April 3, 2014 @ 9:30 am
Posted by Exclusive Visas

By Renata Castro

The United States Citizenship and Immigration Services, also known as USCIS, has released updated processing times for all EB-5 related petitions – including forms I-526 Immigrant Petition by Alien Entrepreneur, I-829 Petition by Entrepreneur to Remove Conditions and I-924 Application for Regional Center Under the Immigrant Investor Pilot Program.

Recently, EB-5 investors experienced long waiting periods from the time an I-526 petition was filed until it was approved. With the new processing times released by USCIS, the wait period has been greatly reduced, and at this time, USCIS is processing petitions as follows:

processing times



Does the EB-5 Visa Require Me to Run the Business I Invest In?

October 26, 2013 @ 10:30 am
Posted by Exclusive Visas

By Fred Burgess

You can either engage in a direct investment in a commercial enterprise or invest in a USCIS approved regional center. The direct EB-5 option does require the investor to be directly responsible for running the company and creating 10 new direct jobs.

The Regional Center option (where you invest in a project of an approved industry in the Regional Center) does not typically require investor involvement in daily management as long as you are part of a partnership and hold a policy making position as a member of the board.

The  majority of EB-5 investors choose the Regional Center option since no direct involvement is required, the regional center project takes responsibility for creating the 10 required jobs, and the investor may live anywhere in the U.S. they would like.

There are several successful Regional Centers with excellent approval track records that should be considered by applicants. Begin your search at Exclusive Visas.

From petitioning the USCIS to choosing a credible project to invest in,  an Exclusive Visas Expert EB-5 Consultant will provide you with the trustworthy information necessary to give you peace-of-mind while making the best of your EB-5 opportunity.

Click here to contact an Exclusive Visas Eb-5 consultant now

EB-5 Investor Visas - Permanent U.S. Residency with the EB-5 Program

EB-5 consultants from Exclusive Visas assist foreign investors looking for EB-5 visa options to obtain U.S. residency. Each EB-5 consultant is experienced in EB-5 investor visa procedures.

2149 N Commerce Parkway Weston, FL
Phone: (954) 727-9800