I have been licensed for over 24 years, have experience in all types of cases and have a Master”s in Business Administration. I have many clients from Mexico and think I could generate good client referrals. How do I start working on EB-5 cases?
The best way to understand the EB-5 process is to team up with an experienced EB-5 attorney. It is an effective way to gain hands-on experience.
Co-counseling with experienced EB-5 attorneys, like those at our law firm, will help, as the EB-5 area is unique, specialized, and changing frequently. It also depends on having a strong network of other EB-5 professionals, which takes a long time to develop.
Consult with an experienced EB-5 immigration attorney and get outside legal advice regarding SEC requirements as well. You want to make sure you follow all licensing and marketing requirements.
First off, if you are not an AILA member, that would be a very good start. But while you are educating yourself, be sure to co-counsel with an experienced EB-5 attorney; this is a very complex area of law. Furthermore, there are country specific issues which need consideration.
Since it's a fickle and complex arena, it's a good idea to partner with an experienced practitioner.
I suggest you pair with an EB-5 attorney to do one case together, and then you will be able to gain a lot of experience and hopefully you will be able to do the second or the third one all on your own.
Your question is a little broad. If you qualify as an attorney, you may be able to provide legal services. However, if you wish to be compensated for introducing investors to projects, then you should consider taking one of a number of qualifications in order to comply with SEC and certain FINRA regulations.
You may want to start by lining up a good relationship with an immigration attorney to guide you through the process and explain the difference between direct EB-5 projects and regional center projects. If you are acting as an agent then you will need to comply with the agency laws for your state.
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