(News and views from IBLF staff and attorneys)
You Ought to Know
Question:Does USCIS audit third party general contractors that were hired by the project? Question in detail:What objections could USCIS have if a partner in the project also owns the general contracting company, and if the general contracting company made a profit? What should I keep in mind as I document these profits?
Question: How do taxes on gifts affect EB-5 investment?
Question Detail: I would like to participate in the EB-5 investor program and my uncle may provide me with a gift of $580,000. However, I was wondering what the tax consequences might be for me and my uncle? How might this impact my investment?
Question: How do fired employees affect EB-5 job creation requirements?
A three judge panel (DC Ct of Appeals) agreed that “culturally acquired knowledge” can be considered specialized knowledge, qualifying an employee for status, overruling a recent USCIS decision denying that status
Question: How can I make an earlier investment qualify for EB-5?
Question Detail: I am a partner for a company in Asia. In October of last year, my company invested $1.5 million in a real estate project in Texas. Since then, we have hired 20 employees already, and I am the sole owner of the U.S. company. How can I apply for the EB-5 category now with that investment? What premium processing options do I have?