WR Immigration Director of Visa Consulting Charlie Oppenheim, Partner Charina Garcia, and Senior Associate Laura Bloniarz update HR professionals with the latest information from the November Visa Bulletin. They dive into an analysis of employment-based and family-based immigrant visa categories, December predictions and much more. Watch below!
EB-5 is a job creation program, with an immigration benefit. The full immigration benefit does not come unless the job creation occurs first. From both an immigration and financial/investment perspective, it is critical that immigrant investors perform due diligence on EB-5 projects in the market. With the passage of the EB-5 Reform and Integrity Act (“RIA”) of 2022 and long-term stability in the EB-5 Program, there is reinvigorated interest in this program. And while some aspects of EB-5 due diligence haven’t changed, the RIA establishes new considerations for prospective EB-5 investors. We detail some below:
By: Joseph Barnett, Esq., Bernard Wolfsdorf, Esq., and Robert Blanco, Esq. 80 countries have treaties with the U.S. that permit foreign nationals to obtain E-2 Treaty Investor visas, which allow an investor or certain key executives permission to work in the U.S. However, the E-2 visa does not lead to a U.S. green card, and minor children can only stay on their parent’s visas until reaching 21 years old. So, the question arises: How may an E-2 Treaty Investor convert his/her nonimmigrant visa to an EB-5 investor green card to allow him/her to remain permanently in the U.S., and after 5 years, apply to be a U.S. citizen. Careful planning and having a detailed strategy is essential to ensure that E-2 investors carefully structure their E-2 business in order to possibly convert the visa into an EB-5 green card. Introduction The E-2 Treaty Investor visa grants nonimmigrant status to nationals of a treaty country (not Brazil, Russia, India, or China) who invest a substantial amount of capital in a U.S. business. Qualified Treaty Investors are issued an E-2 visa valid for up to five years, depending on their country of citizenship and reciprocity. Extensions of stay may be granted in increments of up to two years each, as long […]
