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How can I strategically plan the timing of my EB-5 filing to meet the Nov. 21 deadline?

I heard that after Nov. 21, the minimum requirements of EB-5 will increase. I want to participate before this deadline. However, I am at the very early stage of an application and haven’t started the preparation of any paperwork. Do you think I can still make the Nov. 21 deadline at this point? How can I strategically plan the timing of my preparation?

Answers

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    Salvatore Picataggio

    Immigration Attorney
    Answered on

    You hire an immigration attorney right away and start performing due diligence on projects. I've filed cases in less than 30 days (sometimes much less). Start gathering financial documentation, too.

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    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    USCIS has been generous and you have lots of time to prepare and file your application. You need to have a good team of professionals advising and helping you.

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    Robin J Gray

    Immigration Attorney
    Answered on

    You need to contact an experienced EB-5 attorney immediately. There may still be time to meet the deadline, depending upon the project in which you want to invest and the requirement associated with your investment. An EB-5 attorney can take your through the steps in an expeditious manner.

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    Mark AM Catam, Esq

    Immigration Attorney
    Answered on

    Generally, it takes four to six weeks to prepare the source of funds documentation. Sometimes it could take months if the source of funds is complex. Additionally, the attorney should have ample time to prepare and package the filing. So preparing at the earliest possible time is advised.

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    Stephen Berman

    Immigration Attorney
    Answered on

    I suggest you hire an attorney.

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    Marko Issever

    EB-5 Broker Dealer
    Answered on

    You should select an eligible project to invest in right away. All the popular projects are getting filled up very quickly due to the pending regulations going into effect by Nov. 21. Simultaneously, you need to start working on your source of funds documentation. Other than project selection exercise, which can take some time, the next big time-consuming item on the to-do list is working on your source of funds. You also need to strategically liquidate assets. You don't want to liquidate assets only to find out that you cannot use the funds generated from the liquidation because you cannot document how you ended up owning the asset you are liquidating. Sometimes, it is better to use funds that are generated from collateralized borrowings and sometimes gifts. You should hire an immigration attorney who could guide you in that process immediately.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    Best to map this out with your counsel.

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    Vaughan de Kirby

    Immigration Attorney
    Answered on

    You should be fine if you are working with an experienced EB-5 investment immigration attorney. Do not delay, as this is a complex application that can take some time. However, you should have enough time to meet the deadline if you get started soon.

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    Sally Amirghahari

    Immigration Attorney
    Answered on

    If you are investing in a regional center then between you, the regional center and your immigration attorney you should be able to meet the deadline. If you don't work with a lawyer then I strongly suggest to hire an experience immigration lawyer to help you with your petition timely.

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    Charles Foster

    Immigration Attorney
    Answered on

    The sooner you file the better. Focus on getting source of funds documentation ASAP.

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    Michael A Harris, Esq

    Immigration Attorney
    Answered on

    Yes, you can make the deadline with the right organization and identification of the required evidence to prove your source of funds. A law firm with the experience in working with an investor similar to your profile is vital to your success.

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    Julia Roussinova

    Immigration Attorney
    Answered on

    Hire an experienced EB-5 immigration attorney now and he or she will be able to help you plan and file the case for you.

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    A Olusanjo Omoniyi

    Immigration Attorney
    Answered on

    Yes, you can meet the deadline. However, it is advisable you must work with EB-5 attorney and other professionals to organize your petition.

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    Hassan Elkhalil

    Immigration Attorney
    Answered on

    It really depends on your investment, direct investment or regional centers. However, in all cases, you should work closely with your immigration attorney to start the process as soon as possible. There is still a chance that you will file your application before Nov. 21, 2019.

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