Fund Transfer Procedure From India To US Under EB5 Investors Program
Fund Transfer Procedure From India To US Under EB5 Investors Program can be termed as a multi stepped process and is carried out in unison with the phased I-526 petition process. The best way to carry out this process is to hire services of an established consultant agency that has the requisite experience and expertise to comprehensively deal with this process. You could definitely choose from several advisers but Abhinav is the best organization to rope to deal out this complicated procedure successfully.
The prelim to the Fund Transfer To EB5 Program investment includes identifying and singling out a suitable investment venue that suits your aspirations. You have a choice of 3 kinds of projects where you could infuse your money to establish a new commercially viable enterprise or acquire controlling interests in an existing concern that needs revamp and rejuvenation. The first option involves infusing significant amount of money in tune of $1000, 000 into an n independent project where you would be handling the daily business and management functions besides fulfilling other requirements. The second option with a lighter investment schedule of $500,000 into either an independent project in prioritized employment area or infusing finances into a designated regional focus unit or RC as it popularly called.
The 3rd option is the most viable option for people intending to invest in Under EB5 Investors Program From India. This concept has been the most successful option of employment based immigration scheme under schedule 5. There are over 160 functional RCs in USA currently and approval for many more in the offing. This system involves pooling in investments from migrant investing individuals to be injected into projects either
€ Directly that involves revamping derelict areas into commercially viable projects, or
€ Financing a project of another entity involved in similar projects or other commercially feasible projects
Once the project has been identified you need to endorse a subscription contract as an investing individual and remit desired levies and charges into the ESCROW account. The levies are chargeable for filing and processing of I - 526 petition constitute of some refundable and some non refundable heads and components. The refundable component of this levy is returned to the investing party in cases where the petition is rejected.
These levies are a separate head and does not constitute the minimum desired investment amount i.e. $1000, 000 or $ 500,000 depending on the route chosen by you. After the conformation of the payment of levies you can go ahead with transferring the requisite investment amount Under EB5 Investor Program From India. In addition to remittance of these funds you are also required to bear the cost of EB5 lawyers who will be handling your I-526 and I - 829 petitions.
The minimum desired funds i.e. $1000, 000 or $ 500,000 must be remitted into Escrow account. This account is a form of understanding between 2 entities under which reliable third party is handed over the possession of the funds. This third entity does all the dealing in terms of documentation for all the entities involved in the deal.
The funds transferred are maintained in account as the RC cannot remit the money into limited partnership account until the I-526 petition is approved and the investing is issues a conditional green card. This process is withheld due to the USICS's impending evaluation of sources of finances being transferred as being from legal sources.
Procedure From India To US Under EB5 Investors Program usually takes between 3 to 6 months which corresponds the clearance of the I-526 petition. After sanction of green card money is released for the project.
The prelim to the Fund Transfer To EB5 Program investment includes identifying and singling out a suitable investment venue that suits your aspirations. You have a choice of 3 kinds of projects where you could infuse your money to establish a new commercially viable enterprise or acquire controlling interests in an existing concern that needs revamp and rejuvenation. The first option involves infusing significant amount of money in tune of $1000, 000 into an n independent project where you would be handling the daily business and management functions besides fulfilling other requirements. The second option with a lighter investment schedule of $500,000 into either an independent project in prioritized employment area or infusing finances into a designated regional focus unit or RC as it popularly called.
The 3rd option is the most viable option for people intending to invest in Under EB5 Investors Program From India. This concept has been the most successful option of employment based immigration scheme under schedule 5. There are over 160 functional RCs in USA currently and approval for many more in the offing. This system involves pooling in investments from migrant investing individuals to be injected into projects either
€ Directly that involves revamping derelict areas into commercially viable projects, or
€ Financing a project of another entity involved in similar projects or other commercially feasible projects
Once the project has been identified you need to endorse a subscription contract as an investing individual and remit desired levies and charges into the ESCROW account. The levies are chargeable for filing and processing of I - 526 petition constitute of some refundable and some non refundable heads and components. The refundable component of this levy is returned to the investing party in cases where the petition is rejected.
These levies are a separate head and does not constitute the minimum desired investment amount i.e. $1000, 000 or $ 500,000 depending on the route chosen by you. After the conformation of the payment of levies you can go ahead with transferring the requisite investment amount Under EB5 Investor Program From India. In addition to remittance of these funds you are also required to bear the cost of EB5 lawyers who will be handling your I-526 and I - 829 petitions.
The minimum desired funds i.e. $1000, 000 or $ 500,000 must be remitted into Escrow account. This account is a form of understanding between 2 entities under which reliable third party is handed over the possession of the funds. This third entity does all the dealing in terms of documentation for all the entities involved in the deal.
The funds transferred are maintained in account as the RC cannot remit the money into limited partnership account until the I-526 petition is approved and the investing is issues a conditional green card. This process is withheld due to the USICS's impending evaluation of sources of finances being transferred as being from legal sources.
Procedure From India To US Under EB5 Investors Program usually takes between 3 to 6 months which corresponds the clearance of the I-526 petition. After sanction of green card money is released for the project.
