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Our firm specializes in the area of immigration through investment. Working with clients from Asia, we have assisted several of our foreign clients in gaining US permanent resident status (usually in about a year), and at the same time own land and become viable business owners in California. And this is despite the fact that the number of available visas for immigration to the United States does not meet the demand of foreigners seeking to come in legally. So how can we help you expedite matter?
Section 203(b)(5) of the Immigration and Nationality Act
This immigrant visa category was created by the United States Congress in 1990 to encourage foreign investment in the United States. Under normal circumstances, this program requires a foreign entrepreneur to invest $1 million in a new United States business to directly create 10 full-time jobs, in order to file a petition for permanent residency. However there is a provision in this law that refers to "designated Regional Centers ", wherein the amount of required capital for participation is only $500,000 per foreign entrepreneur.
By filing a petition with the United States immigration service (USCIS) for a new business within a designated Regional Center, the business owner need only create 10 indirect jobs as a result of the new business operations and be eligible for permanent resident status. Through this program (referred to as the Pilot Program), the business owner, his/her spouse, and unmarried children under the age of 21 become eligible for an immigrant visa.
No Previous Experience Required
You must only have the required capital and be willing to "actively" participate in the general management of your business. What happens in practice is that you sign an agreement to hire a professional management company on a profit-sharing basis to oversee the day-to-day operations. In essence, you own a business and you are a grower in the prosperous agricultural sector of the regional economy.
We will work with you every step of the way including:
- setting up a separate legal entity (a corporation or perhaps an LLC);
- reviewing key provisions in the management agreement;
- writing a long-term (five to seven years) business plan;
- tracking immigration status;
- arranging for bank loans;
- analyzing and interpreting the financial statements, etc.
- help you apply for an US Green Card successfully
A Case Study....
Treaty Investor E-1/E-2 Visas |
