EB-5 Investor Visas for Italian Nationals
What is an EB5 Investor Visa?
An EB5 investor visa is an immigrant visa that allows an investor to obtain U.S. Permanent Residency, otherwise known as a “green card”, by making a qualified investment in a U.S. business.
How Much do I Need to Invest in Order to Obtain an EB5 Visa?
As of November 2014 you will need to invest either USD 800,000.00 or USD 1,050,000.00, depending upon where the project you invest in is located.
How Can I Avoid a Potential Increase in the EB5 Investment Requirement?
While there is currently no scheduled increase in the minimum required EB5 investment there are indications that the United States Congress may increase the required minimum investment from USD 800,000.00 to USD 800,000.00 in 2015. Investing and filing form I-526 in advance of any limit increase can potentially insulate an investor from any limit increase.
Upon request Davies & Associates can keep you up-to-date in terms of the news of pending change in this area.
Can I Invest in My Own Business and Obtain an EB5-Based “Green Card”?
While the overwhelming majority of EB5 “green cards” are obtained through an investment made using the Regional Center program it is possible to invest in your own business. Investing in your own business is known as filing a Direct EB5 case. The rules for a Direct EB5 are slightly different and more complex than those for making an investment through a Regional Center.
What are the Advantages of the EB5 Regional Center Program?
Some of the major advantages of working through a Regional Center include, but are not limited to:
- The ability of a Regional Center to use indirect job creation methodology.
- The ability of Regional Centers to obtain pre-approval of their project templates.
- The very “top” Regional Centers have processed thousands of I-526 approvals and a large number of I-829 approvals with no project-related failures.
- The leading Regional Centers have
Caution – Regional Center Selection!
With proper advice and due diligence the Regional Center program can be the fastest and sometimes most secure route to a green Card. Without proper advice and due diligence it can also be a disaster.
Unfortunately many investors are poorly advised when it comes to selecting a Regional Center. Often immigration lawyers are not independent, are compensated by particular Regional Centers or are not qualified to advise their clients on the legal side of financial due diligence. The solution is a simple one of choosing the right advisors.
Investors with the very “top” 2-3 Regional Centers have historically had their “green cards” approved and their capital returned without complication. Investors choosing to use unproven Regional Centers, often with the aid of conflicted or inexperienced professional advisors, have faired much less well. As at the time of writing there are approximately 600 Regional Center registrations. This number is up from approximately 300 Regional Registrations just a year ago. While Davies & Associates is not a financial advisor and cannot make financial recommendations, for immigration and finance law reasons we encourage our client only to work with less than the top 1% of Regional Centers.
How Can I find out About Regional Centers?
EB5 Investors are well advised to retain two professionals to assist them with due diligence n Regional Centers:
- An experienced EB5 immigration lawyer with significant structured finance experience; and
- a licensed financial advisor.
As a law firm experienced with EB5 investments Davies & Associates can provide you with the track history many of Regional Centers and can provide you with appropriate due diligence on them.
A licensed financial advisor can advise you on the financial strengths of any project you are looking at.
Source of Funds in EB5 Cases
One of the key issues in EB5 cases is evidencing that the funds used for the EB5 investment were lawfully obtained.
Davies & Associates assists Italian National EB5 clients from all over the world satisfy this requirement. Our firm has proprietary processes and develops unique documentation in each case in association with Italian lawyers and accountants.
Conditional Green Card
The first form filed with the United States Government in an EB5 case is form I-526. Upon approval of form I-526 you will become eligible to apply to adjust status to conditional “green card holder” or to apply for an immigrant visa at a U.S. consulate abroad. As the U.S. consulate in Rome maintains unique procedures for this process Davies & Associates has a location in Rome and stays constantly in touch with the requirements in the Rome consulate.
Two years after your conditional “green card” is issued you will need to apply to have the conditions on your temporary “green card” removed.
Can I Apply for an EB-5-Based “Green Card” from within the United States?
Form I-526 is always filed in the United States with USCIS. Once USCIS approve form I-526 there are two options:
- Consular Processing. Most Italian EB-5 applicants apply for an immigrant visa using consular processing outside the United States.
- Adjustment of Status. While there are complex considerations you need to review with an experienced Italy immigration lawyer it is possible to adjust status to “green card” holder from within the United States.
Do I need a Business Plan in an EB5 Case?
If you are filing your EB5 application through a Regional Center then that Regional Center will produce the project-related documentation required to file your I-526.
If you are filing a direct EB5 application then you must file a business plan that is entirely compliant with applicable immigration laws and regulations. Further you need to contemplate compliance not only with the applicable laws and regulation when you file your application but in two years time when you file form I-829 to remove the conditions on your “green card”. Davies & Associates has a specialist immigration business plan team who assist our clients with this critical step.
Tax Planning for Italian EB5 Applicants
It is critical for all EB5 applicants to take tax planning advice in relation to both U.S. and Italian taxes. Davies & Associates can facilitate both applicable Italian and U.S. tax planning advice.
What is Davies & Associate’s Record with EB5 Visa Applications?
While many law firms claim to file EB5 applications the truth is that few law firms file more than a handful of EB5 applications each year.
Davies & Associates files a large number of EB5-based “green card” applications and, to date, no application we have ever filed has been denied.
The Need Dual Presence in the U.S. and Rome:
While certain parts of the EB5 application process occur entirely within the United States, the U.S. consulate in Rome can also play an active role in some elements of the process.
The ability of a law firm to work both in Rome and in the United States is therefore highly beneficial and sometimes essential.
Obtaining U.S. Nationality
for Italian EB5 clients
If you have held a “green card” that you obtained through the EB-5 process for five years and you meet the following requirements we may be able to assist you apply for U.S. citizenship;
- You must have held your “green card” for the entire five year period;
- You must have maintained your status as a U.S. resident for this five year period;
- Ideally you will not have been outside the United States for a period of more than six months in the five year period, though limited exceptions apply;
- You have not committed a crime or other act, such as a failure to file a tax return, that USCIS interprets as resulting from a lack of good moral character on your part; and
- You have been physically present in the United States for two and one half years of the five year period.
Contact Davies & Associates Offices in Italy
Check all of our locations around the world.
Piazza Gentile Da Fabriano 3 Rome, Italy 00196
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Corso Vittorio Emanuele II, n. 15 Milan, Italy 20122
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Piazza Gen. C.A. Dalla Chiesa n. 3 43121, Parma, Italy
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I had a great experience with Davies & Associates. They are very thorough in the approach and their have experts in this field who know the domain very well.I would certainly be leaning onto them for any future needs as well.
Outstanding Immigration Attorney: Highly Recommended! Rating: ⭐️⭐️⭐️⭐️⭐️ (5/5) I had the pleasure of working with Verdie Atienza and his team at Davies & Associates , a top-notch immigration attorney in the United States. Their professionalism, expertise, and dedication throughout the process were exceptional. With in-depth knowledge of immigration law, they provided accurate advice and addressed all my concerns, instilling confidence. Verdie Atienza and his team meticulously reviewed my documentation and maintained excellent communication, keeping me updated regularly. What sets Davies & Associates apart is their unparalleled attention to detail. Communication with Verdie Atienza and his team in USA and Sukanya Raman in India was always prompt and efficient. They promptly returned my calls and emails, providing regular updates on the progress of my case. This level of responsiveness and transparency significantly reduced my stress levels, as I knew I could rely on their support and guidance throughout the entire process. Their personalized approach, ethical conduct, and genuine care for my success made them an outstanding attorney. I highly recommend Davies & Associates for all your immigration needs.
Thanks to them for handling my E2 visa very professionally. I had a study visa from F1 and changed it to E2. I encountered many problems during the application process. Verdie and Etta were very patient in helping me and it took a long time. I highly recommend this place.
Getting my E2 Visa was a very in-depth process that took just over a year from when I committed to it, but 8 months from when I found a business I wanted to purchase. The only reason I'm giving 4 and not 5 stars is because the timeframe was a lot longer than expected from the initial information. Aside from the timing, Verdie and his team led me through the Visa process, providing all the guidance I needed to be successful, including advising me on the RIGHT type of Visa to suit my goals. Within the process I purchased a business and the greater Davies team included lawyer Rinat who helped me put the deal together. One of the biggest parts was my Business Plan which created from my info by Ana Ortiz, who did an incredible job. The process is certainly tedious and Verdie & Christina were always there to answer my questions, provide suggestions and advice and ensure I had all the documents I needed to support my application. I appreciated their patience with my questions and their advice and in the end, the application was so thorough the interview process was quick and easy. I highly recommend Davies & Associates and look forward to working with them again when it's time to renew my Visa.
When we first started our search for a firm to represent us in our journey to acquire my E2 visa, we reached out to a couple of companies and individual Attorneys. The responsive of the team-at D&A and positive reviews made the choice obvious. From the start D&A staff were very professional and easy to work with. Our Attorney, Verdie was very knowledgeable in the matter. He answered all of my questions and addressed my concerns. The team is very professional and did a wonderful job on our Business plan. And helpful Etta put together all the documentations needed for my application. All in all, Davies & Associates organization and step by step system, helped the whole process to move smoothly with out a glitch. I highly recommend Davies & Associates for any one who is pursuing an E2 Visa.
Several lawyers told me I would not be able to get a TN visa. Two weeks after contacting Davies & Associates I was working in New York, visa in hand.Individual seeking 'Impossible' TN Visa
D&A was very detail-oriented and was very thorough in what they did” L1 Visa Client. There was a lot of work on my case and worked on it 24/7 and was very patient answering all my questions.E2 Visa Client
My case felt complex but D&A managed the whole process carefully and helped me move seamlessly from one stage to the next.E2 + CBI Client
D&A was my guiding light through the entire EB5 Process.EB5 Visa Client
I would definitely be a big advocate for the rest of my life for anyone wanting to explore the Grenada Citizenship by Investment Programme leading to the E2 Visa. The most important thing is a good team behind you.. with Davies & Associates you’re in safe hands… you need someone who can give you all the support at the ground level and, again, you are well take care of by D&A. The people are really warm, very helpful and quite openminded when it comes to business… Not to mention as a passport it’s great from a travel perspective…It’s just 4/5 hours from New York.Grenada CBI + E2 Visa Client
The entire process of getting an EB5 visa is handled in a professional way by Mark Davies and his team. EB5 is a wonderful option for anyone considering moving to the United States if you have the means. I was hoping to use the H1B route for my children, but it became unreliable and so I looked to the EB5 Visa instead. It is great for anyone who has the resources. Mark gives you the first meetings himself which gives you great comfort. Both Mark and Sanjay are abundantly available and I even had the pleasure of hosting them at my house.Parent of 2 EB5 Visa Holders
I'm in a process of extending my L1 visa. I submitted a few questions regarding my case and he contacted me back almost immediately both by e-mail and telephone. Unlike other attorneys I met before, he gave me the impression of knowing from the top of his head what kind of visa I have, and what actions had to be taken to extend it. He is very thorough and clear regarding the process and what to expect in terms of timelines and issues that may arise. He is constantly in contact, so you definitely know he's working on your case.L1B Visa Holder
Mark Davies is a joy to work with. His extensive knowledge, speedy response and attentive service took away all my fears of dealing with immigration and visa applications. He is very generous with his time in explaining every step along the way and I have already and will in the future recommend him to anybody who is looking for an immigration lawyer.E2 Visa for Small Professional Business With International Offices
Davies & Associates assisted us with an immigration emergency involving my brother's fiancée who was outside the United States. They assisted us in an highly professional manner, working with the relevant US embassy, US immigration and the governments of two other countries. As a result of their efforts the individual involved is now working in the United States. While their knowledge of the law is exemplary what really distinguishes this firm and attorney Davies from any other firm we have worked with is their dedication to customer service and their unrivaled level of professionalism.Complex Fiancée Visa Need Involving Multiple International Jurisdictions
Several lawyers told me I would not be able to get a TN visa. Two weeks after contacting Davies & Associates I was working in New York, visa in hand. I have recommended this firm to several friends and colleagues, they do an excellent job every time.Individual Seeking 'Impossible' TN Visa
I was qualified as a physician in a foreign country. Being on a J1 visa I was facing having to leave the United States and return to my home country. Davies & Associates secured one of only 30 J1 visa waivers available in my State, allowing me to work for a US hospital and remain in the United States.Doctor Seeking J1 Visa Waiver
I am very satisfied with the services Mark Davies has provided me. He has a very extensive knowledge in immigration laws and has a thorough approach to any case.U Visa Applicant, A Victim of Crime
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