The EB-5 Program Buys More Time Until December

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The EB-5 Program, as it presently stands, grants permanent residence to foreign investors if they invest $500,000 (in high unemployment areas) or $1 million (in low unemployment areas) in a new business that employs at least 10 U.S. citizens or Lawful Permanent Residents on a full-time basis.

Since its inception in 1990, many believe the program minimum amounts of investment is due for an increase, and there has been speculation that the minimum amounts will increase, from $500,000 to $800,000 and from $1 million to $1.2 million, respectively.

Congress extended the EB-5 visa program on September 30, 2016, allowing the program to run until December 2016.  Continue reading

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Jennifer Grady, Esq. Addresses Investors at Sold-Out SelectUSA Investor Academy in Washington D.C.

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John McKiel, Mario de Castro, Jennifer Grady, Esq., Ron Palladino, and Rahul Beri address a sold-out crowd of foreign investors and entrepreneurs

On June 19, 2016, Jennifer Grady, Esq. spoke to over 350 attendees at the SelectUSA Summit Academy, a precursor to the SelectUSA Investment Summit the following day.  The Summit Academy is an orientation for participants from companies, state and local governments, and economic development organizations (EDOs) to provide information and practical tips on topics such as regulations and investment incentives, investor visas, and analytical tools to better understand current foreign direct investment (FDI) and reshoring trends.

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Raul Beri and Jennifer Grady, Esq., Summit Academy Panelists

The SelectUSA Investment Summit is the highest-profile event in the world dedicated to promoting foreign direct investment (FDI) in the United States. This signature event provides an unparalleled opportunity to bring together companies from all over the globe, economic development organizations from every corner of the nation, and other parties working to facilitate business investment in the United States. Featuring senior government officials, C-Suite business executives, and other thought leaders, each summit focuses on a timely theme related to the U.S. investment environment, industry trends, and new opportunities.

Summit Academy

As part of the “Investor Track,”  Ms. Grady and her fellow panelists, Mario de Castro, Ron Palladino, and Rahul Beri, and moderator John McKiel, spoke to a sold-out academy about tax, visa, and banking tips for foreign entrepreneurs and investors.  The panelists also provided “best practices” advice to help guide the audience through the process of establishing a business in the United States.  Mr. Beri provide a real-world example of the success he had with expanding his business, Teknol to the state of New York. Continue reading

The Grady Firm to Host Seminar on Expanding to the US in Vancouver January 20, 2016

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After a successful and productive engagement with Vancouver Start Up Week in September, California-based business and immigration attorney, Jennifer Grady Esq., is returning to Vancouver in January 2016. During her visit, Jennifer will be attending the BC Tech Summit, and will will also be meeting with entrepreneurs, innovators, investors, and people interested in expanding their business into the United States.

On Wednesday, January 20, Jennifer will be hosting a “meet and greet” happy hour and informative seminar on the legal and business issues that Canadian entrepreneurs must consider when doing business in the United States. On January 20th and 21st, she will be offering one-on-one meetings with individuals and companies that would like to learn more about the issues that face their particular industries and backgrounds when expanding abroad.

Please join Jennifer and fellow entrepreneurs on January 20 for a an evening of wine, socializing, and information!

Presentation: “How to Expand Your Business to the Largest Consumer Economy in the World”
Wine and Appetizers Provided

Wednesday, January 20, 2016
5:15 p.m. to 7:15 p.m.
West Georgia Street
Vancouver, British Columbia

Limited seating available; RSVP here (email afogerty@gradyfirm.com) by January 15.

View More: http://elyanaphotography.pass.us/jenniferOne-on-One Meetings and Consultations
Wednesday, January 20, 2016, and
Thursday, January 21, 2016.

To reserve an appointment, call (323) 450-9010, or fill out a Contact Request Form. Read more about Jennifer and the firm on our website.

 

Can’t Afford a Green Card Just Yet? How to Obtain Permanent Residency by Transitioning From the E-2 Treaty Investor Visa to EB-5

by Jennifer A. Grady, Esq. and Anthony Mance, Esq.

American Visa (XL)The E-2 treaty investor visa can be a great way for a foreign entrepreneur to open a business and live and work in the United States legally. What’s more, it is relatively affordable in that it only requires a “substantial” capital investment in a bona fide U.S. enterprise (usually in the amount of $100,000 to $250,000). The investor must be seeking to enter the United States solely to develop and direct the investment enterprise. This is established by showing at least 50% ownership of the enterprise or possession of operational control through a managerial position or other corporate device.

The E-2 visa allows the status holder from a treaty country, and his or her family, to come to the United States to open and operate a personal business; the spouse and unmarried children under the age of 21 are able to attend school and work as dependents of the visa. Unfortunately, however, the E-2 treaty investor status does not offer a direct path to Permanent Residence. This means that unless the status holder, or the status holder’s immediate family, has a separate path to Permanent Residence, the visa holder and family will not be able to obtain Permanent Residence status, regardless of how long they maintain their E-2 status. This is further complicated by the fact that the E-2 status is temporary and must be regularly renewed with no guarantee of success.

Furthermore, because the E-2 visa is only available to member of treaty countries, it is not available to everyone. For example, citizens of mainland China, India, Russia, and Brazil are ineligible for the E-2 visa. Continue reading

What’s the Difference Between the E-2 and EB-5 Investor Visas?

handshakeFor foreign investors wishing to obtain a visa to live, work, and attend university in the United States with in-state tuition rates, there are two options available through the E-2 and EB-5 investor visa programs.

The E-2 Visa requires less startup capital (around USD $100,000 to $250,000) and is the fastest way to obtain a visa, although it is not a path to Legal Permanent Residency (Green Card). The E-2 is a temporary visa based on a reciprocal commercial treaty between the United States and the individual’s country of nationality.  The visa is only available to treaty countries, for which citizens of China, India, Russia, and Brazil are not eligible.  Its processing times are generally 2 weeks to 90 days. Continue reading

The Grady Firm, P.C. attends the 4th Annual EB-5 Conference in Los Angeles

Jennifer Grady, Esq. with Former Pennsylvania Governor Ed Rendell.

Jennifer Grady, Esq. with Former Pennsylvania Governor Ed Rendell.

By Jennifer A. Grady, Esq. and Gayane Khechoomian, Esq.

The Grady Firm, P.C. attended the 4th annual EB-5 Conference in Los Angeles hosted by EB5 Investors Magazine on August 2-3, 2015 at the sold out Hyatt Century Plaza in Century City. Five hundred regional centers, attorneys, and EB-5 program stakeholders attended the event.  The EB-5 Immigrant Investor Program (EB-5), administered by the United States Citizenship and Immigration Services (USCIS), provides opportunities for qualified foreign nationals to achieve permanent legal residency in the U.S. through an investment in an USCIS-approved project that will generate at least ten full-time jobs in the United States.   Continue reading

Webinar 4/29: How to Bring Your Business to the Largest Consumer Economy in the World

Presenting to Startup Chile

The original presentation at Startup Chile in Santiago, Chile

On April 29, 2015 at 11 am PST, The Grady Firm attorneys will be presenting a webinar on how foreign entrepreneurs can do business in the United States, from a corporate and immigration law perspective.

Today, A.T. Kearney released its 15th annual Foreign Direct Investment Confidence Index, which ranks countries based on how changes in their political, economic, and regulatory systems are likely to affect foreign direct investment inflows in the coming yearsThe Index ranks the United States as #1 for the third year in a row.  Learn how to be a part of that investment trend during the following presentation:

HOW TO BRING YOUR BUSINESS TO THE LARGEST CONSUMER ECONOMY IN THE WORLD Continue reading

Looking for Path to a Green Card? Try the EB-5 Investor Visa

by Jennifer A. Grady, Esq.

For foreign investors wishing to obtain a visa to live, work, and attend university in the United States with in-state tuition rates, there are two options available through the E-2 and EB-5 investor visa programs.  The E-2 Visa requires less startup capital and is the fastest way to obtain a visa, although it is not a path to Legal Permanent Residency (Green Card).  The EB-5 Visa requires an initial investment of USD $500,000 to $1 million, and comes with Legal Permanent Residency (Green Card), and ultimately, US citizenship.  This article will discuss the EB-5 “million dollar visa” option.  What may be surprising is that an investor can be eligible for this visa with only a $500,000 investment in a rural or targeted employment area. Continue reading

The Grady Firm to Attend EB-5 Market Exchange Conference in San Francisco, October 22-24, 2014

Photo Credit: http://marketplace.iiusa.org/collections/2014-eb-5-international-investment-economic-development-forum-san-francisco-ca

Photo Credit: http://iiusa.org

Jennifer Grady, Esq., founding attorney of The Grady Firm, P.C. will attend the fourth annual EB-5 Market Exchange in San Francisco on October 22-24, 2014, hosted by IIUSA. The exchange is the industry’s largest annual gathering of business-focused EB-5 professionals and will draw over 500 attendees for a week of business development, industry education, and Program Advocacy.

International investment and economic development professionals from all over the world gather to network, do business, and learn from over 80 speakers and experts, which will include former San Francisco Mayor and Speaker of California State Assembly Willie Brown; Honorable Congressman Aaron Schock; and Honorable Gary Locke, Former U.S. Ambassador to China, U.S. Secretary of Commerce, and Governor of Washington. Continue reading

Canadian Immigration Policy Turns Against Investor-Based Immigration, Leading to More Opportunities for Foreign Investors in the United States

By Jennifer A. Grady, Esq. and Anthony Mance, Esq.

 A report in the Hong Kong media led to the downfall of the world’s most popular investor-based visa program in Canada, leaving thousands of foreign investors out in the cold. According to an article published in Forbes magazine on February 13, 2014, the Canadian government announced the immediate cancellation of the popular investor visa program after the highly publicized report stated that “the country’s investor visa program had become an express lane for wealthy Chinese hoping to secure overseas residency”. The cancellation of the program meant that 65,000 pending applications, including 45,500 of which were submitted by individuals from Mainland China, were immediately eliminated.

In a statement made on the evening of February 11, 2014, the Canadian government announced the termination of both the Federal Immigrant Investor Program (IIP) and Federal Entrepreneur (EN) program. In 2011, approximately 10,000 immigrants entered Canada through the IIP, while almost 1,000 entered through the EN program. Continue reading

As Canada Eliminates its Immigrant Investor Program, International Investors Shift Their Focus to the US for Economic and Residency Opportunities

By Jennifer A. Grady, Esq. and Anthony Mance, Esq.

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Canada terminates investor visa program

In a statement made on the evening of February 11, 2014, the Canadian government announced that it intends to terminate both the Federal Immigrant Investor Program (IIP) and Federal Entrepreneur (EN) program by abolishing it from the 2014 federal budget.  In doing so, it plans to eliminate 66,000 backlogged applications and refund $2 million in filing fees.  In 2011, approximately 10,000 immigrants entered Canada through the IIP, while almost 1,000 entered through the EN program.  In recent years, it has taken an average of 54 months to issue investor visas, and even longer for entrepreneur visas.  It would take an estimated six years to process the backlogged applications. Continue reading

EB-5 Investor Alert: 8 Tips for Avoiding Investor Visa Scams

The U.S. Securities and Exchange Commission’s Office of Investor Education and Advocacy and U.S. Citizenship and Immigration Services are jointly issuing this Investor Alert to warn individual investors about fraudulent investment scams that exploit the Immigrant Investor Program, also known as “EB-5.”

The U.S. Securities and Exchange Commission’s (“SEC”) Office of Investor Education and Advocacy and U.S. Citizenship and Immigration Services (“USCIS”) are aware of investment scams targeting foreign nationals who seek to become permanent lawful U.S. residents through the Immigrant Investor Program (“EB-5”).  In close coordination with USCIS, which administers the EB-5 program, the SEC has taken emergency enforcement action to stop allegedly fraudulent securities offerings made through EB-5.

Continue reading: http://1.usa.gov/1gq7Gnf