CHINA'S ENORMOUS GROWTH IN THE LAST 3 DECADES HAS CREATED
A CACHE OF NEW 'SMART MONEY' CHINESE WHO ARE INTERESTED
IN LOOKING TO INVEST OUTSIDE OF CHINA
Let Attorney Michael R. Polin & Teach Me China Show You How
To Attract These Smart & Influential Chinese Investors For Your Projects
To Attract These Smart & Influential Chinese Investors For Your Projects
FINANCING PROJECTS & BUSINESS DEVELOPMENT:The Law Firm of Michael R. Polin has been involved with various financing arrangements throughout the years but now focuses on the United States Government EB-5 immigration investor program under the Teach Me China investment program, as he believes this is a program designed to help American companies raise capital in a manner not available through normal commercial means.
There are very clear rules promulgated by the U.S. Government for the EB-5 program but the basics are answered as follows: When and for whom was the EB-5 visa program created for? The EB-5 visa program commenced in 1990 under section 203 (b) (5) of the Immigration and Nationality Act (INA). The program was created for qualified non-US citizens seeking permanent resident status on the basis of their investments in the American economy. Basic requirements to meet? For the programs that Polin Law Firm focuses on, direct investments as compared to regional centers, the basic requirements are: a minimum investment of $1,000,000 to the U.S. Company, U.S. Company directly employs 10 Americans per each $1,000,000 investment, staggered over 24 months, and all rules of the U.S. Government are complied with. How many EB-5 visas may be issued per year? There are 10,000 EB-5 visas available to qualified aliens each year. 3,000 of these visas are designated for aliens who invest through a program at a USCIS-designated Regional Center. Who may obtain an EB-5 visa? Any person who can demonstrate the ability to invest the required amount into the American economy, can document that the capital was legally earned, and satisfies general eligibility requirements (e.g., medical, non-criminal) is qualified to apply. The investor’s spouse and any minor children (under 21) also qualify. The age of the minor children is “frozen” at the time of the application so, for example, a 20-year old dependent is not in danger of “aging out” during the process. What is the minimum investment required? An investment of at least $1,000,000 is required for an EB-5 visa unless the investment is made in a targeted employment area (usually USCIS-designated Regional Centers encompass targeted employment areas), then the minimum requirement is $500,000. |
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Analysis and process?
In the application process there are certain procedural and legal aspects that must be complied with from the Polin law firm perspective, and the U.S. Government, which will include complete due diligence of the American company’s business plan with a focus on:
If you would like more information on whether your company might qualify for the EB-5 program, please contact the Polin Law Firm to schedule an appointment for a professional review of your business plan.
In the application process there are certain procedural and legal aspects that must be complied with from the Polin law firm perspective, and the U.S. Government, which will include complete due diligence of the American company’s business plan with a focus on:
- The Overall Business Plan
- Percentage of asset valuation increase with investment
- Percentage of new employees to existing whole
- Operational Plan
- Geographic Region
- Use of Proceeds
- Hiring plan for 10 new hired Americans per investor
- Employment guarantees, warranties, and an e-verify commitment
- Construction, real estate, personal services analysis
- Business feasibility
- Return on investment
- Risk component to investor
- Chinese perspectives and understandings
- The Law Firm of Michael R. Polin offers periodic seminars on the EB-5 opportunities under the “TEACH ME CHINA” brand and welcomes interested parties to inquire and attend these educational seminars.
If you would like more information on whether your company might qualify for the EB-5 program, please contact the Polin Law Firm to schedule an appointment for a professional review of your business plan.