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EB5 investors concerned about filing an I-829 petition during this economic downturn under impact of coronavirus pandemic.

[informative-content-blog]

The EB-5 visa program is highly preferable for immigrant investors who want to settle in the US. This program is specifically curated for immigrants who are ready to invest. The aim of this program is to promote job creation in the US and to encourage investment. Read more on blog.

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Know the Regional center contribution to the U.S. economy.https://www.eb5diligence.com/eb5-regional-centers?fbclid=IwAR2RatY5araJleJ9OHZmu4lhyuQcR98NgMH_yZFTSsxhfi63H57asj9Me8c

[informative-content-blog]

Common Mistakes To Avoid When Applying For EB-5 Visa Program

The EB-5 visa program is highly preferable for immigrant investors who want to settle in the US. This program is specifically curated for immigrants who are ready to invest. The aim of this program is to promote job creation in the US and to encourage investment. Moreover, the investor is then also eligible for a green card. Better known as an employment-based fifth preference visa, the EB-5 visa is lately being opted by many. In order to apply for the EB-5 visa program, one has to take into consideration several rules and regulations. Most applicants cannot get through the visa formalities because of their documents. The applicant needs to invest an amount of $500,000 in a business in the US. Additionally, the business should create at least 10 full-time jobs for the permanent citizens of the US. Along with the investment and job creation, the applicant first has to go through a lengthy process which includes an interview, documents submission, declaration of funds, etc. It is best to rely on professional services when applying for the EB-5 immigrant investor program in India. Here are some common mistakes to avoid when applying for the EB-5 visa program.

Not having a concrete business plan

Though investment is the most crucial part of going ahead with the EB-5 visa program, one also needs to have an effective plan. It is okay if you don’t have a plan ready formally but you need to have a basic idea of what you are expecting out of your investment and how is it going to benefit the US.

Relying on yourself and not taking advice     from a professional

The process of obtaining an EB-5 visa is lengthy and involves several steps. Even a minor error in the documents or form filling can lead to problems. Make sure you take the help of a professional when applying for EB-5 visa because they are well aware of the overall process.

No clear documentation of funds

One of the most important steps in the EB-5 visa application is documenting the lawful source of funds. Even factors like non-payment of taxes, unpaid loans, etc. need to be declared.

Approach professionals for EB-5 immigrant investor program in India.