+1-800-997-1228
Questions & Answers

What should I know about EB-5 before deciding to invest?

I would like to learn more about the EB-5 program before I hire an immigration attorney. What should I know about the program before I decide to invest or even communicate with an immigration attorney? Is there an actual legal code for EB-5 that I can read about beforehand so I know what to talk about?

Answers

  • Avatar

    Fredrick W Voigtmann

    Immigration Attorney
    Answered on

    EB-5 is not for everyone, and in fact, many experienced immigration attorneys consider it a last resort. A good attorney will do a proper initial screening and evaluation of all of your immigration options. If it turns out that EB-5 is right for you, that attorney can advise you on the source of funds requirements and assist you in documenting the I-526 depending upon which investment project you choose.

  • Avatar

    Steffanie J Lewis

    Immigration Attorney
    Answered on

    For information regarding EB-5 program, you can go to USCIS website. Yes, the EB-5 law is located at 8 USC 1153(b)(5) and the regulation is located at 8 CFR 204.6.

  • Avatar

    J Bruce Weinman

    Immigration Attorney
    Answered on

    It is the immigration lawyer's job to inform you of the project and answer all of your questions, but it is always a good idea to educate yourself a bit, especially when it comes to EB-5. The "legal code" that you can look at is 8 C.F.R. 204.6. These are the regulations that outline the procedures. The USCIS "May 30 Policy Memo" is also very informative.

  • Avatar

    Ed Beshara

    Immigration Attorney
    Answered on

    The USCIS website, EB-5 websites, and EB-5 conferences can educate you on the EB-5 regulations and policies, and best practices of the EB-5 program.

  • Avatar

    John J Downey

    Immigration Attorney
    Answered on

    Best place to find info on the law would be the USCIS web site. Then engage an EB-5 experienced attorney to guide you.

  • Avatar

    Lynne Feldman

    Immigration Attorney
    Answered on

    USCIS has lots of information on the program at: http://www.uscis.gov/eb-5. You may also want to read the various USCIS Memos on the program, as well as the cases and regulations.

  • Avatar

    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    The USCIS website has useful info: http://www.uscis.gov/eb-5.

  • Avatar

    Ian E Scott

    Immigration Attorney
    Answered on

    To find out more about the EB-5 program, you could go to the USCIS website where the program is discussed. You could also look at the websites of most of the lawyers here, as we regularly write blog posts and articles that describe the EB-5 program. Finally, you may want to consider setting up a consultation with a lawyer where they can explain the program to you. This will save you quite a bit of time.

  • Avatar

    Oliver Huiyue Qiu

    Immigration Attorney
    Answered on

    A really good place to start your own EB-5 research is by reading everything you can from the U.S. State Department''s website on the Immigrant Investor Visa. Here is the URL: http://travel.state.gov/content/visas/english/immigrate/types/Immigrant-Investor-Visas.html. It gives a really good overview of the entire process. In addition, many of us on this Q&A list are accepting new clients. If you have questions, feel free to reach out to one of us.

  • Avatar

    Salvatore Picataggio

    Immigration Attorney
    Answered on

    You will be hiring (and paying!) an attorney, someone with professional credentials and experience, so that you do not have to do this all yourself. There are some reputable sources for EB-5 information, such as USCIS' own website and the website you used to ask this question, EB5Investors.com. A good immigration attorney will guide you through the process and provide clear and manageable instructions for the process. A consultation with a good immigration attorney should also allow for questions and answers.

  • Avatar

    Robert Lee

    Immigration Attorney
    Answered on

    If you are seriously considering doing an EB-5 petition, you will want to first figure out what kind of investment you want to make. There are two type where you can apply by creating your own business or be a passive investor in a large regional center project. If you want general information, you can check out this power point from the USCIS: http://www.uscis.gov/sites/default/files/USCIS/Resources/Resources%20for%20Congress/Congressional%20Reports/EB-5%20Investor%20Pilot%20Program.pdf. Additionally, you can look at the filing form instructions which will give you some idea of the documents and information you will have to provide: http://www.uscis.gov/sites/default/files/files/form/i-526instr.pdf. You do not really need to know much before you talk to an attorney. They should provide the information and recommendation based on your situation. Good luck.

  • Avatar

    Sara Wang

    Immigration Attorney
    Answered on

    You should be able to consult with a immigration attorney for free prior to deciding whether this is the right program for you and if the attorney is the right fit. The attorney should be able to tell you within the first 30 minutes of consultation all the basics about the EB-5 program you need to know for you to gain a basic understanding. You may look at the USCIS site (http://www.uscis.gov/eb-5) for some general information or 8 CFR 204.6 and 8 CFR 216.6 for EB-5 regulations.

  • Avatar

    Jinhee Wilde

    Immigration Attorney
    Answered on

    An immigration attorney should not be advising you on where to invest unless he/she has an investment broker license. You want your immigration attorney to lookout for your interests only, no one else's, and diligently prepare your petition, particularly on the Source of Fund tracking, to assure better success of approval. EB5Investors.com has the Top 25 EB-5 attorneys listed on their website. As all of these attorneys have years of successful track record and have worked with many different regional centers, you could ask them to give you their perspective and perhaps a short list of regional centers that they may recommend. However, they will not tell you where to invest as that choice must be yours.

  • Avatar

    Roberto Ortiz

    Immigration Attorney
    Answered on

    You can contact an immigration attorney so that he or she can explain the program to you. Also, you can go the following link from the USCIS website: http://www.uscis.gov/eb-5, which explains the program.

Add your comment

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment.