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INS designated specific areas, called Regional
Centers, as eligible to receive immigrant investor capital. INS
approved over 20 Regional Centers. Regional Center investors may
rely on indirect job creation rather than directly hiring ten
employees. A competent professional, such as an economist, must
quantify the indirect employment. If the regional center is in a
high unemployment area the required capital is reduced to
$500,000.
Of the 10,000 investor visas (i.e., EB-5 visas) available
annually, 5,000 are set aside for those who apply under a pilot
program involving an INS-designated "Regional Center." To date,
the quota has not been exceeded. |
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We have several US immigration /INS approved projects available in
different Regional centre to invest all over USA where there is
high unemployment.
Each Regional Center investor purchases a partnership interest in
a specific investment partnership, managed by different companies,
that owns, renovates and manages a property in the Regional
Center. Indirect employment results from jobs created by elevating
a previously underutilized property to a more productive use.
Thus, the investment in the company or limited partnership meets
the requirement for the EB-5 visa.
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Q: Who should invest?
EB-5 investors include people from all walks of life;
professionals, business people, persons wanting to facilitate a
child's education, and retirees. Because the EB-5 visa permits
employment in the US, many EB-5 investors become involved in
charity or part time work. Simply put, the EB-5 visa gives you the
flexibility to do what you want in the USA.
- If you don't want to actively manage your business, you should
consider EB-5
- If you have a US citizen parent or child over 21 years of age,
you should consider family class visa categories.
- If you have exceptional skills or are famous you may qualify for
a green card based on your skills or fame.
- If you want to manage your own business, consider L-1, E-2,
international manager visa categories.
- If your goal is to have a green card and not to actively manage
a business, it is most often cheaper to utilize the EB-5 category
rather than to start and maintain a business.
Q: Is EB-5 a truly passive investment?
The EB-5 regulations require involvement in management or policy
making. The regulations deem a limited partner in a limited
partnership that conforms to the Uniform Limited Partnership Act
as sufficiently engaged in the EB-5 enterprise. However, the
Uniform Limited Partnership, adopted by most states of the United
States, prohibits the limited partner from actively participating
in management.
On one hand you must be involved in management or policy making,
while on the other hand you can't. We resolve this contradiction
by granting the limited partners the right, as a group, to oust
the general partner for "cause" and to suggest or recommend issues
of overall policy. Furthermore, our limited partnerships complies
comply with the Uniform Limited Partnership Act.
Q: How is your investment structured?
Each Limited Partnership owns one building. Your investment
purchases an interest in the Limited Partnership. You become a
Limited Partner. Your percentage share of the Limited Partnership
depends on the percentage your investment bares to the value of
the project. The prospectus for each project describes the
valuation methodology.
The Limited Partnership, managed by corporation., is the general
partner of the Limited Partnership. The general partner, renovates
the property, leases the property, and manages the property. The
Limited Partners receive their share of the income from the
properties. Immigrant investors receive 50% of the profits for the
sooner of five years or receipt of the permanent green card, and
70% of the profits thereafter. Investors who do not seek an
immigration benefit receive 70% of the profits from the out
settime of their initial investment.
Q: What is a limited partnership?
This is best explained through an overview of the various entities
available to investors.
A Corporation, formed by filing a charter with a state government,
is owned by shareholders. The corporation is taxed on its income.
The shareholders are only taxed on dividends paid to them by the
corporation. Shareholders do not pay tax on the corporation's
income. The shareholders only risk the cost of their investment in
the corporation, they bare no responsibility for the general
affairs of the corporation.
A partnership is comprised of two or more people or entities
coming together for an enterprise, without any particular state
charter. The partnership does not pay tax, but passes through all
items of income and loss to the partners. The partners pay tax on
partnership earnings. Each partner, unlike a corporate
shareholder, undertakes responsibility for the entire operations
of the partnership. If the partnership were to be sued and judged
liable, each partner bares full responsibility for the damages. A
corporate shareholder has no such direct liability.
A limited partnership combines corporate limited liability with
partnership taxation. The limited partnership, formed by filing a
charter with a state government, consists of a general partner and
one or more limited partners. The charter details the rights and
powers of the limited and general partners, percentages of
ownership, and distributions of profits. The general partner
manages the business. As in a corporation, the limited partners
are passive investors liable only for the value of their
investment. As in a general partnership, limited partnership
income is taxed at the partner level, not at the entity level.
A limited liability company is a corporation that passes through
income and loss to the shareholders but offers shareholders the
same limited liability as a limited partner or corporate
shareholder. You could say a limited liability company is a
corporate version of a limited partnersh
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