The tax structure applicable to foreigners in the United States of America has been specifically designed to reduce the ability of individuals to operate outside the jurisdiction of the IRS. In foreign countries, tax authorities often lack the ability to enforce tax laws as effectively as the IRS. Hence, many foreigners who obtain residency in…
The EB-5 visa program was set up in 1990 as an attempt to promote job creation in the US economy by creating an inflow of capital investments from investors residing in foreign countries. The EB-5 program is administered by the USCIS. The visa program has a built-in sunset clause that comes into effect every three…
Generally, investments under the EB-5 investment immigration program are structured as equity or debt investments. Debt Model This model involves the creation of two enterprises—a New Commercial Enterprise and a Job Creating Enterprise. The investor makes the capital investment in the NCE. The NCE loans the capital to the JCE, which then uses the funds…
The Immigrant Investor Pilot Program, hereinafter referred to as the Pilot Program, was created under Section 610 of Public Law 102-395 (Oct. 6, 1992) and was subsequently extended through 2015. Under the Pilot Program, the requirements related to EB-5 investment are essentially the same with the distinction that the Pilot Programs permits investments affiliated with…
The USA Immigrant Investor Visa Process has Four steps. Step 1 Fill out Form I-526, Immigrant Petition by Alien Entrepreneur, with U.S. Citizenship and Immigration Services (USCIS). Along with the form, you will be required to submit documentary evidence supporting: Your investment in a for-profit new commercial enterprise. Your active involvement in the new commercial enterprise’s…