Experienced Eb-5 Consultants in South Florida

The EB-5 visa program was created by the Immigration Act of 1990 and was designed to put immigrant investors on the fast track to citizenship.  Foreign nationals who invested a certain amount of money in America or created a certain number of jobs for native workers were encouraged to apply for permanent residence.   Congress believed that EB-5 investors would help stimulate economic activity in certain parts of the country. Unfortunately, that did not come to pass.

According to report published by the Government Accountability Office in 2005, the response to EB-5 program has been underwhelming. In other words, it has failed to attract wealthy foreign investors in great numbers. One common complaint of prospective EB-5 investors is that the application process is confusing and time-consuming.  Even those with experience in international law often have trouble following the anfractuous instructions, rules and regulations. 

What Can Serious EB-5 Investors do?

The good news is that there has been some forward movement in the program in recent years.  EB-5 investors filed more than 3,800 applications in 2011, compared to only about 800 in 2007! One explanation for the increase is that many of the previously rigid regulations have since been relaxed, which has expedited the qualification process. It is also a fact that many potential investors now avail themselves of the services of experienced EB-5 consultants.

How Can They Help?

Not every U.S. state has an approved EB-5 regional center project. Thankfully, Florida is on the list. Foreign nationals who are interested in investing in the Sunshine State should contact an experienced EB-5 consultant as soon as possible to get the ball rolling. Even though the process is faster and less confusing than it was in the past, the right adviser can save most investors time and money.

Fred Burgess Esq. has been a practicing attorney for over two decades and has filed more than his fair share of EB-5 regional center application forms in the South Florida area. He is also a licensed mortgage broker and an expert on real estate law.  With the help of his experienced staff, Mr. Burgess has helped countless clients obtain permanent residence under the EB-5 program.