When Immigration Matters

What is the EB5 Visa?

Posted by Karen-Lee Pollak on Mon, Jul 03, 2017 @ 11:00 AM

The EB5 visa was launched by Congress in 1990 and is administered by U.S. Citizenship and Immigration Services (USCIS). The fundamental purpose of the program is to stimulate economic activity, capital investment and job creation through investments by foreign investors who want to live in the U.S.  

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FATCA Tax Reporting for US. Residents with Foreign Bank Accounts

Posted by Karen-Lee Pollak on Thu, Apr 23, 2015 @ 5:48 PM

Today I asked my colleague and friend International Tax Attorney Richard Rubin to explain in an article the new FATCA tax reporting rules that goes into effect on June 30, 2015.  FATCA impact US citizens, Green Card holders and other US tax resident individuals who have accounts with non-US banks or financial institutions.

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USCIS: Backlog in Processing of EB5-I526 Immigrant Investor Petitions

Posted by Michael Pollak on Wed, Sep 18, 2013 @ 2:51 PM

USCIS has released an update on the processing times for I 526 Investor Petitions also known as the Immigration Petition for Alien Entrepeneurs.  Petitioners have grown accustomed to adjudication of these Petitions taking 6-9 months.  The latest update provided by USCIS is that Petitioners can expect these Petitions to take 16 months to approve.  As of July 31, 2013, USCIS is working on I526 petitions filed in March 2012.  

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How to Qualify for an EB-5 Investor Visa

Posted by Michael Pollak on Sun, Jan 13, 2013 @ 7:14 AM

Immigration attorney Karen-Lee Pollak explains how to get a green card by investing in the United States. 

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EB-5 Investor Visa Program May Undergo Significant Changes

Posted by Karen Pollak on Thu, May 19, 2011 @ 8:41 PM
U.S. Citizenship and Immigration Services (USCIS) today proposed significant enhancements to the administration of the USCIS Immigrant Investor Program, commonly referred to as the EB-5 Program—transforming the intake and review process for immigrant investors as part of the Obama administration’s continued commitment to improve the legal immigration system and meet our economic and national security needs for the 21st century.

The EB-5 Program makes 10,000 visas available annually to immigrant investors who invest in commercial enterprises that create at least 10 U.S. jobs. EB-5 investors may petition independently or as part of a USCIS-designated Regional Center.

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