Since the 1980’s, investor immigration has been a tool for assuring an American dream of living in the lap of luxury – a truly home-grown millionaire. The U.S. economy has always benefited from foreigners pouring money into our country.
Today we have more millionaires than ever. But while the system is maturing and becoming more user-friendly, an important tool remains elusive for many American investors. That is advice on how to hire the right lawyer for your case.
Although investor immigration has been a great tool for helping new businesses and families reach their goals, it is important to be careful where you turn for such advice. While investor visa is a welcome tool for many entrepreneurs, it does have some restrictions that limit the types of investors who can enter the country and establish an investment firm.
There are also certain categories of investors who are not eligible for the visa – such as those who have a bankruptcies in the past five years or who are charged with criminal fraud. As a result, if you need an immigration attorney to help you with business immigration, make sure you find one who will specialize in this area.
When you are looking for a good immigration attorney, you must provide them with information about your home country as well as information on why you want to visit the U.S., what you intend to do there and when you plan to depart. This information forms the basis of the case your attorney will build for you.
When you discuss your intentions for immigration and when you plan to leave, you must provide your attorney with documentation regarding employer identification, residence status and L-1 visa status. You must also provide proof of funds to accompany your application for immigration. If you are applying for an L-1 visa, which is a work permit not a permanent visa, you must provide a detailed business plan.
In addition to providing your attorney with information about your home country and your intended location for the year, you must provide your attorney with all your financial information, such as your annual income and any assets that can be subject to potential taxation. If you have certain retirement accounts, you must provide copies of tax returns and paystubs for the last five years.
The investor must also provide information about stock investments and bonds, real estate owned, bank accounts, mutual funds and any other accounts you may currently own. Your investment plans must be based on a realistic evaluation of your net worth.
The investment plans you prepare and submit to the consul will be used to determine whether or not your application for investor visa will be approved. If your application is denied, you must understand why your investment plans were rejected and take the necessary steps to correct the problems. Otherwise, you could risk having your visa application deny you due to misrepresentation about your financial investments.
Investment immigration can be an exciting and rewarding experience, but it can be difficult for prospective investors. This is why it is wise to seek legal advice early in the process.
If you wish to invest in Canada, you must be prepared to meet the requirements of the Government of Canada and the United States Department of Homeland Security. There are many different types of investors and visa programs available through the EBA, eb-1c immigration visa and Permanent Residence programs.