Wednesday, May 13, 2009

The EB-5 "Guarantee"...here we go again...

In the early 90s, I expended a great deal of time and energy explaining to clients why the EB-5 was NOT the best solution for folks seeking to immigrate to the U.S. and having viable companies abroad.  The reasons are simple

1- The L-1 mechanism offers the same path to the green card at a fraction of the $500,000-$1,000,000 investment of the EB-5

2- The job creation requirements allow for vague interpretation by the government, as evidenced by the hundreds of cases where pilot program applicants were deemed NOT to have met said requirements and

3- The whole fundamental premise behind EB-5 pilot programs is a SCAM, and anyone who tells you that they can assure that your investment is not at risk AND meets EB-5 requirements is either totally ignorant of the statutory language or, in my experience with this category for the last 15 years, a flat out liar.

Save your money, folks.  Email me and I'll show you how we can "L" your way to America on a proven path with a small fraction of that investment.



1 comment:

  1. How on earth can you call the EB-5 a scam? Are you not aware of the numbers of investors who are currently seeing the return of their original investment? Yes, the investment is at risk which is why very careful consideration has to be given to the choice of regional center. Calling the program a scam is as you call it "a flat out lie".

    ReplyDelete