The latest insights and analysis on U.S. immigration law from Barella Global.
Perhaps the most important aspect of any EB-5 Petition is the Lawful Source of Funds requirement by USCIS. For apparent reasons, USCIS must ensure that every petitioner has acquired the funds to make their EB-5 investment through lawful means.
Earlier this week the team at Choice Investments attended a business-networking event hosted by the Québec-Florida Chamber of Commerce. At the event, we met local business owners originally from Québec, Canada now doing business in Florida, and in some cases those who still operate a business back home. The Québec – Florida Chamber of Commerce offers local and Québec businesses a unique ability to grow their business both in Florida and Québec.
The EB-5 Visa Program has a reputation of being a cash for green card business. Some view it as a system where wealthy individuals essentially buy their way into the United States. However, this misconception of the EB-5 program is inaccurate and has often led to negative press regarding the visa.
Waiting for one’s EB-5 Visa petition to be approved by USCIS can be a stressful time in an Immigrant Investor’s life. Your future is uncertain and placed in the hands of the US government. However, when you finally do receive that call from your attorney informing you that your petition has been approved, you realize it was worth the wait. You are now one-step closer to permanent residency in the US, and eventually US citizenship. But what happens next? What does an I-526 Approval Notice entail?