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How much are EB-5 attorney fees?

What would be attorney costs for an EB5 Investor Visa? Are these standard fees nationwide or do they vary with attorney? What services are provided by attorney for these Fees? Are the fees payable upfront or are they progressive? What are the responsibilities of the attorney after charging these fees?

Answers

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    Reza Rahbaran

    Immigration Attorney
    Answered on

    Each attorney will have a different fee and service offering depending on their experience. For further information please contact Rahbaran & Associates.

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    Clem Turner

    Securities Attorney
    Answered on

    The amount of the fee for an attorney to handle an I-526 petition varies widely, depending on the attorney and the services provided. I think this was your question. If you are curious about the fees charged by companies to put together an EB-5 Offering Package, please feel free to contact me directly.

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    Boyd Campbell

    Immigration Attorney
    Answered on

    EB-5 attorney fees vary widely, from as little as $5,000 to as much as $25,000. These fees may be paid up front or in installments under an agreement with the attorney. The EB-5 attorney is responsible for representing the investor before USCIS and for preparing the I-526 and supporting documentation for filing with USCIS.

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    Kevin Michael Burke

    Immigration Attorney
    Answered on

    The question of fees really depends on what role in the transaction will your lawyer fill. You''re making an investment where there will be risks inherent in making the investment and recovery of funds, and in expecting any income to be received during investment period. Is your lawyer to assist you in considering with you your rights and the regional center''s under the investor agreement and any limited liability partnership agreement. This work is often done by a lawyer you find before deciding on a particular EB-5 investment and continues until the final decision is made and the necessary funds are safely wired to the relevant escrow account for the investment and awaiting the filing of the visa. It is the practice of some regional centers to only permit their own selected attorneys file the necessary I-526 applications, so this needs to be determined before you go any further. We charge an hourly rate for work done in helping a client decide on his or her EB-5 investment and making all relevant checks, etc. The fees most lawyers charge for the work done in the filing of an EB-5 visa vary normally from $5,000 to 18,000 or more. Our firm charges $5,000 for work done in preparing and filing the I-526. Most lawyers will have a portion of such funds to be paid initially as a non-refundable retainer (which is treated as earned when received but refunded where in fact work is not done) and the balance is paid on the filing of the I-526. With regard to the responsibilities of the attorneys, this again depends on when you found them and what you negotiate with them. The lawyer who a regional center may require you to use for the filing of the forms is often representing the regional center and may not be the best advisor to discuss any potential issues with investing in that center. The lawyer''s letter of engagement or retainer agreement should spell out exactly what is to be done. Do note that the I-526 is only prepared after you have found the investment. You also should enquire as to whether consular interview advice might be included. Do note that these fees generally don''t include the work to be done in the filing of the I-829 petition which will need to be later needed to remove the two year conditional limitation of your green card.

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    Jinhee Wilde

    Immigration Attorney
    Answered on

    Attorney fees vary, but I have been told that they range from $15,000 to $25,000 for EB-5 cases. Also, the attorney fees are supposed to be earned for the work they have completed. Thus, while for ease of wire transfer and to reduce wire fee the attorney fees may be requested upfront, the funds are supposed to be in the client trust fund until the work has been performed at each step of the process.

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    Karen Weinstock

    Immigration Attorney
    Answered on

    The fees vary from one firm to another, I do not believe there are standard fees nationwide. The attorneys help you with preparation and filing of the immigration petition to the immigration service.

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    Fredrick W Voigtmann

    Immigration Attorney
    Answered on

    Thanks for your question. Attorney fees vary and not are not standard. You can expect to pay a higher legal fee to retain an attorney with significant EB-5 experience. It is important to ask the attorney if he or she has experience in handling EB-5 matters and compare several attorneys before making a decision to retain one. Immigration attorneys can handle all aspects of legal representation, including advice on the immigration law and regulations pertaining to lawful source of funds, job creation, and other aspects of the EB-5 law. An immigration attorney should never recommend any particular EB-5 investment project or regional center and should never give financial advice, unless he or she is a licensed financial advisor or securities broker. The attorney should be able to handle the entire process including immigrant visa processing or adjustment of status. The attorney should handle the removal of condition in two years. The payment terms are negotiable, but most attorneys are paid a flat fee, upfront to handle the case. Progressive fee payments are sometimes made. The terms of any payment, as well as the scope of legal representation, i.e., which services the attorney will perform, should be contained in the retainer agreement/engagement agreement, which is a contract signed by the attorney and the client.

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    Roberto Ortiz

    Immigration Attorney
    Answered on

    Good Morning! I hope all is well. I would rather not discuss attorney''s fees in this forum. If you will like to know the EB-5 attorney''s fees, please contact my office and I will gladly explained them to you.

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    Taher Kameli

    Immigration Attorney
    Answered on

    Each attorney''s fees, and terms of each agreement are different, but the average is around $20,000.00.

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    Christina L Rogers

    Securities Attorney
    Answered on

    Thank you for the question. EB5 attorney fees range based on the firm. On average it costs $10,000-$15,000 for a firm to represent you and assist with your 526 application. Most firms charge the retainer up front and bill against it hourly. Others approach it as a one time flat fee that you are not charged hourly going forward. Once the attorney fees are paid, The investor will provide the attorney with the information to prepare the form I526. Depending on the quality of the documents provided by the investor, this process can take anywhere from 2-6 weeks to complete. Once completed, the document is filed with CIS and a receipt will be generated by CIS and sent back to the attorney. The attorney must then wait until CIS either approves or denies the application, or sometimes they ask for additional information in the form of an RFE. Sometimes it can take CIS 12-18 months to respond to this. They have been trying to make this process quicker by streamlining processes on their side, but the processing time is still quite lengthy. Once CIS makes a response, additional information is provided, if necessary and the application is either approved or denied. If approved, the investor will be allowed to come to the US as a conditional resident for a period of 6-12 months. Once the investor arrives in the US, the attorney will prepare an I 529 or request to remove the conditions and make the residency permanent and a green card will be issued to the investor if the 529 is approved. Some firms charge an additional fee for the 529 work, so just make sure to clarify this with the attorney. The attorney will always present you with a fee agreement that should break down how much they are charging you and what services the fees include. Please let me know if you have any further questions.

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    Jeffrey E Campion

    Immigration Attorney
    Answered on

    I''m sorry but each case is different. I suggest your reaching out for consultations.

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    David Frenkel

    Immigration Attorney
    Answered on

    Attorneys fees vary from attorney to attorney and also are dependent on the level of legal work that is required. With many EB5 pilot programs, they provide extensive portfolios that can be submitted to the US CIS in conjunction with the application. If that is the case, then the quantity of work that has to be performed by the attorney is reduced, and the legal fee would be reduced. By contrast if the EB5 sponsor has not prepared a complete submission package, you could anticipate that the legal fees would rise significantly. In our firm, we charge $10,000 for representing the applicant, assuming that the EB5 sponsor has prepared a submission package of documentation for the US CIS. We are responsible for preparing everything that is required to be submitted from the initial stage until the point where our client is granted conditional legal resident status in the US.

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    Kate Kalmykov

    Immigration Attorney
    Answered on

    Fees vary by attorney.

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    Lei Jiang

    Immigration Attorney
    Answered on

    Fee varies. Attorneys will tell you their responsibilities and fee schedule.

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    Erinna D Brodsky

    Immigration Attorney
    Answered on

    The fee schedule differs fr different attorneys, and sometimes the same attorney would quote a different fee depending in the complexity of the particular matter.

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    Philip H Teplen

    Immigration Attorney
    Answered on

    Attorney fees vary based on experience and personal billing practice. Further, EB-5 applications require a complex combination of immigration and corporate and accounting. Some are very intensive and others not. Generally, fees will start at around $7,500 and go up from there depending upon individual case. Most attorneys allow for some form of progressive fees.

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    Hans Burgos

    Immigration Attorney
    Answered on

    Attorney fees may vary depending on the experience of the attorney handling your case. Attorneys are responsible for preparing the petitions, reviewing the exhibits provided by regional centers, conducting due diligence re source of funds, qualifying the investors under the INA. They are liaisons between the client and the USCIS responsible for monitoring the petitions, addressing any issue which may arise during the course of the adjudications. Good luck on your search.

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    Julia Roussinova

    Immigration Attorney
    Answered on

    Attorneys must exercise caution when discussing competitively sensitive information due to antitrust laws. It is recommended that you contact immigration attorneys directly to discuss their EB-5 visa fee structure. Generally, an attorney-client agreement should disclose what the fee is, how it will be billed and at what stages in the process, what the scope of representation will be and what services an attorney will provide to a client, and what the responsibilities will be for a client and an attorney under the terms of the attorney-client agreement.

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    Daniel A Zeft

    Immigration Attorney
    Answered on

    Each attorney determines their fees to represent a foreign national for an EB-5 case.

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    Ed Beshara

    Immigration Attorney
    Answered on

    Attorney fees vary, and are based upon the complexities of the case, the expertise of the attorney, and the market where the investors live.The Attorney will prepare the I-526 petition which will consist of the documentation of the project,the Regional Center documentation,and the authentication of the lawful source of the personal investment funds.

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    Steven Anapoell

    Securities Attorney
    Answered on

    Attorneys Fees vary depending on what specifically the attorney is being asked to do. Typically, the fees are in the range of $15,000-20,000 per investor to file the I-526 Petition.

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    Lana Kurilova-Rich

    Immigration Attorney
    Answered on

    The fees vary by attorney. The scope of work can also vary. Therefore, you should discuss with your attorney and review that attorney''s engagement agreement in order to determine exactly how much you will be charged and what services will be provided (or not provided) to you for this fee, as well as how attorney payments will be structured.

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    Alice H Sun

    Immigration Attorney
    Answered on

    For EB5 Conditional Green Card application, the attorney fee of our law firm will be $15,500, including the translation service from Chinese to English.

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    Anthony Ravani

    Immigration Attorney
    Answered on

    You need to call that attorney and ask.

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    Shahzad Q Qadri

    RC Creator
    Answered on

    Attorney fees vary depending on experience, you can expect to pay anything from $12k to 15k.

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    Neville M Leslie

    Immigration Attorney
    Answered on

    EB-5 attorney fees typically range from $15,000 to $20,000.

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