Out of Status
EB-5 Brics Blog
by Jennifer K
1y ago
What is meant by “Out of Status”? The term “Out of Status’ indicates that the individual has lost their immigration status due to a violation of their visa terms. Whether you intend to move to the United States permanently or for a brief visit, you will need a visa. What are the situations that can lead to being Out of Status? The immigration status of each individual is granted different rights. An example of this would be the right to remain in the U.S. for a specific amount of time or the right to obtain employment while in the U.S. An individual may lose their immigration status entirely ..read more
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Project Owners
EB-5 Brics Blog
by Jennifer K
1y ago
What is a Project Owner? The project owner is usually, but not always, the head of the business unit receiving the product and is accountable for the successful implementation of the project. Frequently, the project owner will act as the project’s “champion” alongside the sponsor. The project owner will assist the project manager in providing leadership for the completion of project tasks and may occasionally be responsible for maintaining a portion of the project plan. The project owner is also known as the lead or the champion. What Qualities Should a Project Manager have? An effective proj ..read more
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Offering Document
EB-5 Brics Blog
by Jennifer K
1y ago
What is an Offering Document? An offering document, also known as an offering memorandum or prospectus, describes the fund’s investment objectives and restrictions, its characteristics, risk disclosure, fees, dealing procedures, and conditions leading to deferral, suspension, or even termination of the fund, as well as additional information sources. This paper contains financial accounts, managerial biographies, a comprehensive description of corporate activities, and more. What is the purpose of an Offering Document? The purpose of an offering document is to notify buyers about the offerin ..read more
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Naturalization
EB-5 Brics Blog
by Jennifer K
1y ago
What is meant by “naturalization”? Naturalization is the process of granting an alien the status of a citizen in a specific state. It can be accomplished through a voluntary application, special legislative direction, marriage to a citizen, or parental action. What is the difference between a Certificate of Naturalization and a Certificate of Citizenship? Both documents can be used to establish U.S. citizenship, but they are not the same. A U.S. Certificate of Citizenship is issued to an individual who obtains or derives citizenship through birth to U.S. parents. A naturalization certificate ..read more
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Metropolitan Statistical Area (MSA)
EB-5 Brics Blog
by Jennifer K
1y ago
What does “Metropolitan Statistical Area (MSA)” mean? The U.S. Office of Management and Budget (OMB) defines metropolitan statistical areas (MSA) as having at least one urbanized area with a minimum population of 50,000. A metropolitan statistical area (MSA) is originally known as a standard metropolitan statistical area (SMSA). It is the U.S. Office of Management and Budget’s statutory definition of a territory consisting of a metropolis and surrounding municipalities that are linked by social and economic variables. What is the objective of Metropolitan Statistical Areas? The objective of ..read more
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National Visa Center
EB-5 Brics Blog
by Jennifer K
1y ago
What is the National Visa Center? The National Visa Center (NVC) is a component of the Bureau of Consular Affairs of the United States Department of State. NVC plays an administrative role in processing visa applications of immigrants. What is the task of the National Visa Center? The NVC is responsible for preparing applications for immigrant visas for consular officers to assess and adjudicate. NVC assists with your visa application once you receive an authorized immigrant petition from the United States Citizenship and Immigration Services (USCIS). It is the responsibility of NVC to guara ..read more
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Material Change
EB-5 Brics Blog
by Jennifer K
1y ago
What is meant by “material change?” Material change refers to a circumstance, an event, modification in situations or conditions, or other alteration that has or could be anticipated to have a material impact. These changes can impact either of the following: The resolvability of the covered company  The resolution plan of the covered company  The manner in which the covered company’s resolution strategy is implemented. These modifications include, but are not limited to: the identification of a new material item or its deidentification; or the substantial increases of reductions ..read more
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Marketing/Migration Agents
EB-5 Brics Blog
by Jennifer K
1y ago
What is Marketing/Migration Agent? A marketing/migration agent is a person who helps people emigrate from one country to another through legal and documentation processes to increase the chances of immigration for study, work, travel, or business purposes. What is the role of marketing/migration agents in EB-5? The marketing/migration agents assist with EB-5 applications. These authorities function in the applicant’s country of origin and guarantee that applicants receive the appropriate visa for their purposes. A migrant agent also provides assistance in locating EB-5 investment opportuniti ..read more
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Local Area Unemployment Status (LAUS)
EB-5 Brics Blog
by Jennifer K
1y ago
What is the Local Area Unemployment Statistics (LAUS)? Local Area Unemployment Statistics (LAUS) is a federal-state cooperative program that produces monthly estimates of total employment and unemployment for the nation, states, metropolitan regions, counties, and cities with a population of at least 25,000. The LAUS statistics, which are also available in a form that is seasonally adjusted for the nation and the states, provide estimates of employment by place of residence. Data from Indiana include estimates of the civilian labor force, excluding individuals in institutions and the militar ..read more
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Loan Model
EB-5 Brics Blog
by Jennifer K
1y ago
What does Loan Model mean? Loan pricing models can also enable banks or credit unions to determine prices in accordance with other institution objectives, such as profitability targets or loan portfolio composition. What is the EB-5 Loan Model? The EB-5 Loan Model entails the lending of invested money for use in an EB-5 project. Together, the regional center and the investors will establish a limited partnership firm. This partnership will then lend the borrower the cash. The borrower may be a private individual or a public organization. The exit strategy will be implemented when the loan ha ..read more
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