The Importance Of An EB-5 Immigration Attorney At The Start Of The Process

What is the importance of using an experienced EB-5 immigration attorney at the start of an EB-5 application?

EB-5 is a very attractive program as foreign entrepreneurs who wish to acquire a family-size bundle of U.S. green cards can do so in exchange for investing a minimum of $500,000 into U.S. job-creating commercial enterprises.

The only issue is that the EB-5 Program is complex and any misstep, no matter how small, can lead to months of delays, requests for extensive documentation, or even flat-out application denial.

Having the experienced and knowledgeable guidance of an EB-5 immigration attorney can help a potential investor avoid all the usual pitfalls of the program and keep them on track to reaching their goal of acquiring U.S. green cards for their family in a timely manner.Examples of how an experienced EB-5 immigration attorney can assist EB-5 applicants:The paperwork is confusing and requires in-depth knowledge of U.S. laws and regulations. EB-5 investors are smart people, but the large amount of paperwork involved can be overwhelming. The EB-5 visa is extremely competitive and any error on the paperwork can cause delays or denials. Working with an EB-5 immigration attorney, who has experience filing many I-526 petitions, will give you an advantage over other investors who take on the challenging petitions themselves.There are many more requirements to the program beyond making the minimum investment amount into a qualified project. One often over-looked requirement deals with an investor’s source of funds. Investors must show that their funds came from lawful sources. If they do not show adequate documentation, they may receive a request for further evidence or they may receive a petition denial. An experienced EB-5 immigration attorney can create a thorough report documenting the investor’s source of funds to avoid timely and costly delays.There are many steps to the EB-5 Program and an experienced EB-5 immigration attorney can assist an investor with nearly all of them. An EB-5 immigration attorney can help an investor find a suitable project to invest it, they can do all the pre-filing work, they can assist with the transition from conditional residency to permanent residency, and much more.Most importantly, from the very start of the process, a good EB-5 immigration attorney can answer all of of an applicant’s EB-5 questions.For more information about the importance of an EB-5 immigration attorney or help with finding one, send us a message. [formidable id="11" title="1"]