Skillful Guidance For Immigrant Investors And Entrepreneurs From Expert Immigration Attorneys

Thousands of successful businesses throughout the United States exist because of the hard work of immigrants. Many foreign-born entrepreneurs and investors come to the U.S., create jobs and help the economy thrive. Yet, this requires capable legal guidance from attorneys who have a nuanced understanding of U.S. immigration law.

Kurzban Kurzban Tetzeli & Pratt, P.A., is a prominent firm based in Coral Gables. We are renowned in Florida and throughout the United States for our innovation, knowledge and experience in immigration law. Our founding attorney, Ira J. Kurzban, Esq., wrote the widely referenced Kurzban’s Immigration Law Sourcebook, which is now in its 16^th edition. Mr. Kurzban and equity partner John P. Pratt are certified by The Florida Bar as experts in immigration law.

Who Qualifies For An EB-5 Visa?

In 1990, under the Immigration Act, Congress established a program to encourage immigrant investment in the U.S. economy. On March 15, 2022 the EB–5 Reform and Integrity Act of 2022 (“RIA”) was enacted and introduced significant changes to the program. Under the EB-5 program, the United States Citizenship and Immigration Services sets aside EB-5 investor/employment creation visas for up to 10,000 foreign nationals every year. The RIA has made it possible to allocate more visas to nationals of previously visa backlogged countries (China, India, Vietnam) allowing investors from these countries to obtain EB-5 visas bypassing the backlog.

Investors have a choice to invest in their own business compliant with EB-5 regulations (direct EB-5) or in ready-made projects operated by designated regional center pooling funds together with other immigrant investors (Regional Center EB-5 Program).

To qualify for such a visa, applicants must:

• Invest $800,000 in a project located in a targeted employment area (rural or high unemployment), or in an infrastructure project
• Invest $1,050,000 in a project or other commercial enterprises located in non-targeted employment area 
• Keep investment “at-risk” in the project for the required time
• Create or preserve at least 10 jobs for qualified U.S. workers for the required time
• Prove that invested funds derive from documented and legitimate sources (salary, gifts, capital gains, inheritance, etc.) 

Most of the investment for EB-5 is made through development projects operated by regional centers and is a passive investment where required jobs are created by the project.

The RIA provides investors with the benefits of concurrent filing for adjustment of status (for eligible investors already in the U.S.), statutory deadlines for adjudication of petitions, and a shorter sustainment period.

If you meet these qualifications, our immigration lawyers can represent you. We guide our clients through the application process, using our extensive experience to advocate for their qualifications. Our attorneys can also help ensure worksite compliance and assist companies in establishing efficient immigration policies.

Call Today To Talk To An Experienced Immigration Attorney In Florida

Whether you live in Miami or elsewhere in the U.S., Kurzban Kurzban Tetzeli & Pratt, P.A., can provide the guidance you need regarding EB-5 visas. Discuss the details of your commercial enterprise or investments with our attorneys. Call (786) 788-8557 or contact our firm online.