EB-5 Program & the Right Consultant!
By Ajay Sharma
When it comes to investing in other nations, it is one of the biggest decisions ever taken by an individual. The EB – 5 visa is an investment program for the United States which is also considered as a shortcut way to obtain a green card.
But investment in another country has to be a very measured decision. Thus, it is very important to find the right expert who could guide you through the selection process. Now that an extension has been put on the EB – 5 visa, the main focus is on finding the correct regional centre for investment by the prospective investors. At the same time, hiring an immigration consultant who deals with US immigration for investors can aid in researching for the projects to invest on. However, hiring the first consultant you meet is not the apt decision.
Money is not the only aspect that is important here. There are many other aspects involved which are at stake especially your lifetime of achievement as well as your family. Thus, thinking with a cool head is of utmost importance. This is because there are many consultants who are good at throwing dust in the eyes. Thus, it is important to track the right and a genuine consultant who is experienced in dealing with the EB-5 visa. More so, he should have a successful record in the business of immigration consulting. It is important to have someone as your consultant who is unprejudiced and would be responsible for protecting the applicants and their money to be invested.
As an investor, it is important that you consider the following aspects before deciding on hiring a particular consultant.
The consultant in question is connected with a particular regional center or is he independent? Is there any additional fee charged? A detailed evaluation of all the regional centers have been done or not by the consultant? The consultant is also an immigration lawyer? If yes, there might be chances of interest conflicts between the two of you. What is his previous success rate? How many EB-5 immigrants has he dealt with in the past? The level and the kind of information that they are capable of providing?
Above all, the EB-5 program involves an investment of $500,000 or $1 million in a state approved project. In addition, majority of projects have an administrative/legal charge of USD 30,000/- to USD 50,000/-. The consequences would be fatal if not selected the right consultant. As it is always said, it is better to be cautious than to suffer at a later stage.
Source: http://ezinearticles.com/?EB-5-Program-and-the-Right-Consultant!&id=4598732
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