How An Experienced Attorney May Save You Of EB-5 Visa Risks

How An Experienced
Attorney May Save
You Of EB-5 Visa
Risks?

The EB-5 visa program is meant to drive meaningful
growth in the US that can drive job and growth. The
immigrants under this program are required to place
more than USD 500,000 in the US ventures to create
local jobs. In return for this investment and job creation,
the EB-5 investor gets lawful permanent resident status
for himself and family. But things are not as easy as it
may seem given many risks associated with it that is why
hiring an attorney for EB-5 investment visa may be the
best decision. Here are some of the risks that are
associated with the program:
First – Unclear Solvency and
Ownership of RC
You may have to pay USD 50,000 in fees over and above
USD 500,000 investments to qualify for an EB-5 visa. Will
you pay the fees without getting clarity on the ultimate
beneficiaries of regional center? If the regional center
project fails within the first two years after a conditional
green card is issued, then investors may get trapped in

the conditions which may force him to lose the green
card. But with the help of the attorney, you may find out
the solvency and track records of regional centers before
making investments and paying a fee.
Second-Regional Center’s certificate
gets revoked
Then there is a possibility that USCIS might revoke the
certification of a Regional Center. It is done mainly in
cases where there is no economic activity or there is the
possibility of outright fraud. And if that happens, the
investor is left with no way out. All the progress he has
made in the queue towards green card consideration
may lay waste. A recent data suggests that as many as 78
regional centers have faced termination. It’s where hiring
an expert attorney for EB-5 investment visa may guide
you for a regional center which ensures that RC is a
genuine one.

Third-Absence of any Fiduciary duty
There is no clear law which states that a regional center
has a fiduciary duty to the EB-5 investor. While it may
seem that there is some duty towards these investors
but lack of clear standards leaves investors exposed to
fraudulent or financially weak regional centers. But
taking the services of an attorney for EB-5 visa helps you
mitigate these risks as well.
In The End
Having an experienced attorney for EB-5 investment visa
makes sure that there are fewer risks to your application
and it goes through without any issues.