One of the requirements of an EB-5 investor is to invest a certain amount of capital in a new commercial enterprise (NCE). The question is what amount of capital does the investor need to provide? The answer depends on whether or not the NCE is...
In 1992, Congress took initiatives to enhance the economic impact of the EB-5 program, first introduced in 1990, by authorizing the Regional Center Pilot Program. This program allows “Regional Centers”—which can be publicly-, privately-, or jointly-owned—to pool EB-5 capital from multiple foreign investors. The pooled...
In a decision dated July 29, 2014, the Administrative Appeals Office (AAO) denied an appeal by a petitioner claiming that a comprehensive Business Plan was submitted. The AAO agreed with the original decision and the petitioner’s appeal was dismissed. The petitioner’s investment was through an established...
An L-1A classification allows a U.S. employer to transfer an executive or manager from one of its affiliated foreign offices to one of its offices in the U.S.[1] Additionally, this category enables a foreign company which does not have an U.S. office to send an...
Did you know that e-Council Inc.com offers a multi-disciplinary approach to the Business Plan process, and offers a range of services complementary to the Business Plans, such as the essential Market Study element? As a critical part of the EB-5 process, and for that matter a...
On September 10, 2014, USCIS held a teleconference for EB-5 stakeholders. Chief Nicholas Colucci led the meeting accompanied by three new members of his team. Mr. Colucci offered updates regarding transparency and predictability. Many questions were addressed while others were left unanswered. Mr. Colucci began by explaining...
During the AILA EB-5 Conference in Chicago on August 23, 2014, attendees were informed about an important update on a quota limit, which has been rumored to be on the horizon for some time now. Charles Oppenheim, the State Department’s chief of visa control, announced...
In order to be successful in securing EB-5 Visa status, all EB-5 investors must Invest In A New Commercial Enterprise that either creates or preserves at least 10 permanent full-time jobs. The minimum qualifying investment is $1,000,000 while the minimum qualifying investment either within a high...
Establishing a new business or investing in an existing one is exciting, but it is not easy, especially when you are required to create 10 full-time jobs pursuant to the EB-5 program.[1] There are many things that could change the vision and approach outlined in...
We at e-Council Inc.com recognize that the EB-5 process is costly – and everything adds up. If you or your client has a very tight budget but wants to do things “right”, work with the e-Council Inc.com team to make sure that the Business Plan...