The face of investor visas has changed significantly in the past few years. The demand of the EB-5 investor visa is growing rapidly amongst those who wish to migrate to the United States for better career opportunities and business agendas.
The EB-5 investor visa was first introduced in the year 1990. The main agenda behind launching this visa was to increase the flow of funds and foreign capital. Another major notion behind launching this visa was to generate job opportunities for the citizens of the United States. If you wish to migrate to a foreign land by acquiring an investor’s visa, it is best to hire a professional respectively. There are various online platforms that help a person gain helpful feedback about the quality of services pertaining to immigration facilities and lawyers. One such platform is Michael Wildes Reviews where individuals can find valuable reviews by people who have worked with Mr. Michael Wildes. This can serve as a basis for selecting the right and the most authentic immigration lawyer for initiating the process of your investor visa.
With the benefits, come the challenges! There is no doubt in the fact that the EB-5 program lends a lot many benefits to those who wish to migrate to the United States. During the process, you might experience various obstacles some of which are mentioned below.
Changes in the law because of prevailing laws
The legislation keeps changing with years. Currently, the EB-5 program is consistent i.e. no changes have been made. But it might get modified with time. Changes in the minimum investment criteria might change regularly. There can be significant changes made in the eligibility criteria of the investor visa law.
Risk of frauds and malpractices
In case some misinformation is provided to the person seeking an investor visa, this act is considered as an act of fraud. Therefore, the Securities and Exchange Commission and the USCIS have set up rules and regulations in this respect.
Full disclosure of information
In certain situations, the USCIS may consider information provided as inappropriate or incomplete and cancel the investor visa application received. In such a case the investor shall receive a notice of intent to deny (NOID). After receiving the notice, the investor will get a chance to clear all his issues and furnish complete information. This whole procedure can prove to be time-consuming and heavy on the pocket which certainly is a challenge.
Challenges in obtaining conditional permanent residential status
The EB-5 investors can also apply for the I-526 application. On completion of the I-526 application, the EB-5 application process can be carried forward. In case a person is residing in the United States and holds the status of a non-immigrant, he will have to initiate the procedure to obtain conditional permanent residence status. These are provided by the USCIS after evaluating the documents thoroughly.
Are you looking for an expert attorney to assist and guide you through the investor visa process? Contact Wildes & Weinberg P.C. Also, you can go through Michael Wildes Reviews to know more about their client experiences.
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