Why it’s crucial to hire an EB-5 immigration attorney
From the amount of documentation the investor must provide to understand complex immigration laws, the EB-5 Immigrant Investor Visa Program’s process is far from straightforward.
That is why hiring the right person for the job is crucial.
EB-5 attorneys specialise in guiding investors through the EB-5 process. Their expertise and experience can benefit investors and help them avoid potential pitfalls.
Here are some of the key benefits of working with an EB-5 attorney:
Understanding the EB-5 Visa
The EB-5 Program is complex to navigate. There are intricate legal procedures to contend with, and a strong understanding of U.S. immigration laws is required. An experienced EB-5 attorney possesses in-depth knowledge to help foreign investors overcome these complexities and better navigate the application process.
Due diligence
The program’s criteria state that EB-5 investment capital must be ‘at risk’. That is why selecting the right EB-5 regional center or investment project is essential.
An EB-5 attorney can assist you in carrying out thorough due diligence before investing. This is crucial as it helps ensure compliance with the EB-5 program requirements and mitigates risks.
Compliance
The EB-5 Visa program has stringent requirements that investors must adhere to in order to secure their Green Card. These include meeting the minimum investment amount, fulfilling job creation criteria and providing proof of a lawful source of funds.
An EB-5 attorney will help investors understand and fulfil these requirements. This can help to minimise delays and reduce the risk of the immigrant visa application being denied.
Support with immigration petitions
The EB-5 immigration attorney will file immigration petitions to the USCIS on behalf of the investors. This includes the I-526 petition, the first step in the EB-5 process.
They will also provide advice and support with Form I-829. This is filed 90 days before the investor’s two-year conditional residency expires. Once the I-829 petition is accepted, the investor is granted unconditional permanent residency status.
Overcome any issues
No matter how well you plan things, issues or challenges may arise during the process. This can include changes to rules and laws or delays in the EB-5 project.
EB-5 attorneys are equipped to address these challenges and resolve any issues along the way.
Maximise approval rates
Ultimately, every EB-5 investor’s goal is to secure a Green Card.
EB-5 attorneys are experts in immigration law and regulations specific to the scheme. This means they can help ensure the application and all documents comply with rules and regulations, boosting the chance of approval.