Which EB5
EB-5 Visa – Where can I get real information?
May 28th, 2010

Where to get real information on the EB-5 visa program

As the EB-5 program has now been operating for several years there are a numbers of families who have experienced the entire cycle. They originally obtained their I-526’s, and their green cards, had conditions removed via the I-829, have lived in the US long enough to apply for citizenship, and have had a return on their original $500,000 investment or are due to in the next few months.

Their experience on the return on their investments are particularly interesting for those considering the EB-5 option as some investing in particular regional centers received back less than they originally invested; others are likely to receive back at least the $500.000 they initially invested possibly more.

It is also interesting to analyze the experience of the many regional centers that have been approved by the USCIS to offer regional center EB-5 programs; there are significant differences when using different criteria to measure results, all of which are important for potential EB5 investors to understand.

If you are seeking feedback of either immigrant’s experience of the EB-5 or the experience of the various regional centers it would be worth contacting Which EB5 who have carried out extensive research in these areas and received feedback from families who have been through the entire EB-5 process.

 
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Why you need independent, impartial advice before going on an EB-5 regional center inspection tour
May 18th, 2010

Independent & Impartial Advice on the EB5 Investor Visa Program

Every now and then, people considering the EB-5 program decide that they can find all the information they need on their own, without any help. As you might expect we do not recommend this course of action, particularly as impartial and experienced advice can be obtained for free.

In the next few articles we will cover the feedback from some families who have tried going it alone and subsequently sought our help when things have not gone as planned.

Today we focus on the experiences of families who have run into issues on the inspection tour.

On one occasion a gentleman took a 5000 mile flight and then drove over 300 miles to visit a couple of regional centers he had pre arranged  to be shown around. On arriving at one of the centers he was informed that the head of the program was not available, so he waited for an eternity while someone else was found to show him round. During the tour it became clear they had not done this before and could not answer all his questions. Indeed their whole attitude seemed to be along the lines that he was lucky to be taking up their valuable time! Sometimes the little things count in life and after all that travelling he expected to be offered a drink of some sort, but was not even offered a glass of water – his view was that if you are considering investing $500,000 you expect somewhat better treatment.

Of course equally worrying is the familiarization/inspection trip where  discourtesy is not the issue but the opposite, ie several hours of hard sell based on the skills of salesmanship rather than hard facts on the key aspects of the program ie Will I get my visa?, Will I keep my visa? Will I get all my money back? Unfortunately we have heard that some regional center visits may have taken this approach by focusing on the sales aspects rather than focusing on facts.

Ultimately by undertaking a center tour without taking  advice from an independent, experienced and impartial adviser you may waste the cost of airfares, car hire  and hotels etc but if you  make the wrong decisions based on an inspection trip you not only risk losing $500000 but also potential deportation. You don’t need to do this alone. Contact us for support using the form on the right.

 
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EB-5 visa – Sources of information
January 25th, 2010
Confused with all the conflicting EB-5 visa information?

Confused with all the conflicting EB-5 visa information?

With more than 75 regional centers approved by USCIS to offer programs qualifying for the EB-5 visa we are increasingly investing time researching the hidden details behind the headlines.

The need to look beneath the surface has become increasingly apparent as regional centers often devote significant expenditure on sales and marketing, sometimes using specialist consultants to advise them on how to attract immigrants from specific countries.

We remain  concerned that those looking at some of the EB-5 programs may fail to realize that the primary focus of the regional center may be on attracting sources of funding, (particularly given the difficulties in raising finance in the current tighter financial markets), rather than concentrating on the needs of the EB-5 immigrant investor.

We are also concerned where there may be possible conflicts of interest when some regional centers are advised by specialist consultancies. This is of particular concern when the very same consultancies are also advising the potential immigrants.

Sometimes issues that may be important to the immigrant investor are very hard for the potential EB-5 investor to track down – here is one such nugget relating to a proposed scheme:

“The Investment firm that is going after the EB5 investors, to the best of my knowledge, has NEVER SUCCESSFULLY FUNDED one of these projects. There are a few EB5’s that have been implemented in [location] but the firm that is heading up this hasn’t done it.”

Don’t be mislead. Find out exactly what you need to know BEFORE you chose a regional center for your $500,000.

 
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Help, I need information on the EB-5 Visa Program
November 12th, 2009
Frustrated looking for EB-5 information?

Frustrated looking for EB-5 information?

Sitting at your computer getting a headache trying to find as much information as possible on the EB-5 visa?

Looking for impartial information on regional centers can be so frustrating. Some centers promise you everything you are looking for, they seem to focus on how wonderful they are but don’t offer you any insight into possible negatives. Turning to immigrations attorneys can also be of limited help if they just provide bland legal details or the technicalities of the EB-5. In some countries you may even have come across consultants who you hope give impartial advice but are working directly with one of the centers, plus they often charge you a big fee!

The EB-5 visa can be an excellent option if you are looking for legal permanent residence in the U.S.A. but finding information from your viewpoint is fraught with danger. We have even come across many well meaning blogs from fellow EB-5 applicants that are unfortunately riddled with dangerous errors.

So much can depend on the decision you make regarding choice of regional center program – that decision can affect whether get your green card, whether you keep it, and whether you get your $500,000 back at some point in the future. Quite often one of the only effective methods of discovering the reality of what’s happening with a regional center is to visit it, but it’s pretty time consuming to visit any number of centers.

To find out more about what we have discovered during our visits to the regional centers contact us via email at info@whicheb5.com or by phone at +1-559-EB5-INFO

 
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EB-5 News
October 19th, 2009

If you are considering the EB-5 visa as your pathway to permanent residence in the USA, you will want to obtain the latest accurate EB-5 news including:

  • Updates on the EB5 program including the status of a program extension
  • Results of I-526 applications to different regional centers
  • Feedback and complaints from previous EB-5 investors – did they get their investment back?
  • News on processing times for different regional centers
  • News on EB5 centers from local news sources – this is often tough to track down
  • News off EB-5 visa related fraud

Free subscription for regular news updates on the EB-5 visa can be obtained on Twitter at twitter.com/WhichEB5 – The latest Google search of our extensive data base of information with hundreds of articles and further information can be found at this link.

The EB-5 Investor Green Card regional center visa program is an excellent way to quickly become a permanent resident of the United States. Which EB5 researches regional centers; you make the same investment plus get all the independent advice of Which EB-5 at no cost to you.

 
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EB-5 forum
October 5th, 2009

In a search for information on the EB-5 some potential EB-5 visa investors seek out forums as an impartial source of
information. Forums have exploded across the Internet.  Sometimes, immigration forums can seem particularly helpful; the personal voice and conversational manner of them with invited comments and replies can feel reassuring to the reader.  It might seem as if you’ve just made a personal, “expert” friend in exactly the subject you need.  And herein lies some of the top potential dangers of relying on immigration forums as a source of information and advice.

First off anyone—and we do mean anyone—can have a forum .  The person behind an immigration forum could well be a consummate, well-versed, experienced professional; or that person could be an expat who has been through the process or that person could be someone else altogether, with any varying level of experience (including none at all) between the two.

Having researched many immigration forums in-depth, some deep concerns and potential dangers have come to light, starting with knowing who you are dealing with (after all, if you know you are on a regional center’s or company’s website you know who is behind the information and know what to expect; you understand that their motivation is to sell their center and its project(s), and that they are unlikely to highlight the negative points of their business).  On the other hand, if you are reading an expat’s forum, or a forum presumed to be an immigration expert’s, you are coming to it assuming honest, sound advice.  To give you an example of how this can quickly go wrong, here is an account of just one instance in which we found severe concerns over information on an immigration forum.

In our research, we came across a post and subsequent comment thread that was highlighting the fears of scams in regard to the EB-5.  In some ways, the post and highlights were very good, and clearly added to the website’s credibility.  Further on, a question was raised on that same thread regarding a particular individual (agent).  Another (probably well-meaning) subscriber responded by giving feedback of a positive experience with that agent.  Our sincere hope is that no one on that forum followed that commenter’s advice (and our concern is with that anonymous commenter even now), because if they had they would now have serious problems on their hands; the agent concerned is now under investigation by three separate law enforcement agencies after allegedly millions in immigrant funds went missing!

That commenter, in all likelihood, was probably giving what he or she deemed to be honest, genuine, and well-intentioned advice, but it does certainly underline the importance of knowing the whole picture, rather than taking the single experience of one person as fact.  And of course, in such a forum, it is  tough to tell what happened in the future beyond that point—there is no way of knowing what future experience that commenter came to have, which very well may have changed his or her viewpoint considerably!

That one instance is just that, one instance. Recently we researched a large immigration site and found that it included much misleading, and worse, totally inaccurate information.  Upon contacting the site administration, we received this reply:

“…[Website]… does not screen communications in advance and is not responsible for screening or monitoring material posted by Users. Nor do we guarantee the accuracy, integrity, or quality of such User content. Visitors to this site are reminded that the details contained within comments are uncorroborated and as such should not be read as fact but as the opinion of the person who posted the comment, and hence …[Website]…will not be held liable.”

Here is a forum, then, tagging themselves experts in immigration, offering information and advice, and claiming no
responsibility for monitoring the content of their forum’s comments. To say the very least, we became very concerned with this, wondering if those people who were taking advice from this site were aware of this policy of non-responsibility. Delving deeper, we then found that a leading contributor had posted more than 42,000 messages all over the Internet on blogs of all sorts, with topics ranging as wide as from marriage breakups to the state of the world. That is not a piece of information that the average user would come by easily, when all the while they were simply looking for informed and accurate information on immigrating through the EB-5 program! Again, the concern here is in the not knowing, and being fed a lot of EB-5 information from resources that may or may not be who or what they seem.  It is the whole picture that matters, and the knowing that the information you are relying on to make critical life decisions is as reliable as it seems, and as it certainly should be!

The EB-5 Investor Green Card regional center visa program is an excellent way to quickly become a permanent resident of the United States. Which EB5 researches regional centers; you make the same investment plus get all the independent advice of Which EB-5 at no cost to you.

 
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WhichEB5.com, its owners and associates, do not function as attorneys or legal counsel and do not attempt to interpret immigration law and do not provide or offer legal advice or legal services or investment advice. Anyone considering an Investment based Visa should seek independent professional advice. The information on this site is intended to be general and should not be relied upon for any specific situation. Any reference to designated regional centers on this website is posted as reference material only. For legal advice, please contact one of our attorneys. Prior results do not guarantee a similar outcome. Results depend upon a variety of factors unique to each person.