Answer Gifted money is acceptable. One would need a "gift letter" verifying that repayment is not required or expected, and one will need to be able to demonstrate in great detail how the person who provided the gift acquired the money. Also, if any gift tax...
A key requirement of the employment-based, fifth preference (EB5) immigrant visa category is that the foreign national investor be able to clearly and thoroughly document the lawful source of the investment funds. The sourcing of the investment funds can be quite tedious, and is oftentimes...
As expected, President Trump signed a bill into law on Friday, September 8, 2017, to fund the federal government through December 8, 2017. The bill includes numerous other provisions, including emergency disaster relief funding, as well as the extension of the employment-based, fifth preference (EB5)...
This morning, the U.S. House of Representatives passed a bill that includes a continuing resolution to fund the federal government through December 8, 2017. The U.S. Senate passed the bill yesterday, and it now goes to the President, who is expected to sign it into...
Charles Oppenheim, Chief of the Visa Control and Reporting Division for the U.S. Department of State (DOS), provides visa bulletin explanations and predictions nearly every month. The update this month for the August 2017 Visa Bulletin includes both some short-term predictions and some predictions for...
The employment-based, fifth preference (EB5) immigrant investor program provides an avenue for foreign nationals to become U.S. permanent residents ("green card" holders) based on a qualifying investment in a U.S. commercial enterprise. This category, established in 1990, was once underutilized, but has become a popular...
President Trump has already signed several immigration-related executive orders, and it appears that more are on the way. One leaked proposed order, entitled "Executive Order on Protecting American Jobs and Workers by Strengthening the Integrity of Foreign Worker Visa Programs" includes a number of provisions...
The U.S. Department of Homeland Security (DHS) published a proposed rule, on January 13, 2017, in the Federal Register, that would make a number of modifications to the employment-based, fifth preference (EB5) immigrant investor program, including a massive increase in the minimum investment required to...
On Saturday, December 10, 2016, President Obama signed into law a continuing resolution designed to fund the federal government through April 28, 2017. Included in the spending bill were various immigration provisions, including an extension of the employment-based, fifth preference (EB5) regional center program, the...
Last night, the U.S. House of Representatives passed a stopgap bill to fund the federal government through Friday, December 9, 2016. This bill also serves to extend the employment-based, fifth preference (EB5) regional center program for the same time period. This stopgap bill was also...
