The Collapse of NYC EB-5 Begins Among the many wealthy America cities which has diverted EB-5 investment capital from its Congressionally-intended destination – rural parts of America and genuinely poor urban areas — via the gerrymandering of TEAs, New York City eclipses all others combined in terms of sheer EB-5 capital raises. Continue Reading →
Part 2: Pre-Immigration Tax Planning Part 2: Pre-Immigration Disposition of Assets: Options [IMPORTANT NOTE: The subject of global taxation is immensely complex and varies from jurisdiction to jurisdiction. The scope of this article is broad and does not constitute legal advice. Any individual concerned about global tax implications needs to discuss the subject in detail with qualified tax advisors in both their home country and in the foreign countries in which they are investing and/or considering as a future immigration destination.] Although there are some isolated exceptions, a person does not become liable for taxation in a given country until they become a “tax resident” of that country. While getting U.S. Continue Reading →
AVS Team in Washington as New EB-5 Changes Unveiled AVS Leadership Team in Meetings to Discuss Reforms and Future of EB-5 AVS Director Monica Pham, AVS General Counsel Laura Callava, and AVS President Jose Latour arrived in Washington, D.C. Continue Reading →
Pre-Immigration Tax Planning Via Offshore Trusts LatourLaw Family Offices 5 Part Series Explaining Pre-Immigration Tax Planning, Options, and Strategies Part 1: The Importance of Pre-Immigration Tax Planning [IMPORTANT NOTE: The subject of global taxation is immensely complex and varies from jurisdiction to jurisdiction. The scope of this article is broad and does not constitute legal advice. Any individual concerned about global tax implications needs to discuss the subject in detail with qualified tax advisors in both their home country and in the foreign countries in which they are investing and/or considering as a future immigration destination.] With more and more wealthy families in Vietnam considering the option of international education for their children, programs like the U.S. Continue Reading →
8/19 Visa Bulletin Projects Longer Vietnam Delays…But Don’t Panic! Okay, my Vietnamese (and Indian) friends and investors, take a deep breath and let me explain why the new August Visa Bulletin is neither surprising…nor as horrible as it looks. YES, it is true that the just-released bulletin appears to add a substantial amount of backlog time to EB-5 applicants from Vietnam and India, but remember: the monthly Visa Bulletin is a static snapshot in time of the current projections, it is NOT evidence of what will actually happen in the future! Continue Reading →
LAST CHANCE TO MAKE A $500,000 EB-5 INVESTMENT The final rule on EB-5 reform is about to be published and the day of the $500,000 EB-5 will be over. Continue Reading →
USCIS Beats Processing Time in Latest AVS EB-5 Investor I-526 Approval USCIS processing continues to be slow, but we are seeing signs of progress. Continue Reading →
USCIS Responds to EB-5 Case Status Request…7 Months Later! Despite progress made in 2018, USCIS’ EB-5 unit still faces substantial challenges as it strives to reduce its backlog of EB-5 petitions. Continue Reading →
EB-5 I-526 Processing Delays Continue, Despite Record USCIS Performance in 2018 Last year, USCIS was able to reduce the number of pending (and long-delayed) I-526 EB-5 investor petitions by some 10,000. Despite this progress, the delays continue, frustrating investors eager to move to the U.S. Continue Reading →
ANOTHER OPINION: Why E-2 Via Grenada Might Be a Better Idea than EB-5 A Forbes article on this subject was quite interesting in highlighting how an investor might be making a better call going with an E-2 vs. EB-5 visa for countries with backlogs like Vietnam. Continue Reading →