Blogs – Usimmigrationadvisior

Neha Mehta analyses what the Indian government is doing to mitigate the impact of Covid-19 on bankruptcy and insolvency. COVID-19 & INITIAL MEASURES Covid-19 has altered the fabric of the global economy. Worldwide lockdowns, travel restrictions, restraint on international trade and other stringent measures to curb the pandemic, has led to uncertainty around the future of many businesses.With the objective of lending support to struggling businesses, most nations, including India, have introduced fiscal, monetary and protective measures to prevent multiple ...

Sukanya Raman, Associate in our Mumbai office, analyses changes to India's taxation of remittances. In February, 2020 the Union Budget had proposed the levy of Tax Collected at Source (TCS) on remittances made under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India. Although, the Scheme was introduced in the year 2004 with a limit of USD 25,000. This is the first time TCS shall be levied at 5% on remittances over and above certain limit. TCS was ...

Amid a global economic crisis, Neha Mehta answers some frequently asked questions about filing bankruptcy in India. Q1. When is a Corporate Debtor in default? A. “Default” is the non-payment of a whole, or a part, of a Corporate Debt when due and payable. Erosion of net worth is not a default under the Code. Q2. Can a financial institution proceed against a Corporate Debtor under the Code although it may have already taken action under the Securitization and Reconstruction ...

Mark I. Davies is the Global Managing Partner and founder of our firm. Mark also Chairs our Global Business and Investor visa team and focuses his practice on EB5, L1, E2 and other business and investor visa solutions. There is significant confusion as to the difference between E2 visa validity and the period of authorized stay in the United States. What an E2 Visa Does? A valid, unexpired, E2 visa gives you the ability to come to the US border ...

President Trump has signed the Executive Order temporarily suspending some visa categories for an initial 60 days. This mostly applies to people outside the United States seeking permanent residency / Green Cards, excluding the EB-5 program. The State Department has just issued a clarification stating that the Order is not retroactive and that "no valid visas will be revoked under this proclamation." There are a number of exclusions and exemptions. We recommend you contact us to discuss your specific circumstances. What is NOT included ...

Duncan Hill is marketing director at Davies & Associates LLC. Duncan is not a lawyer and nothing in this blog constitutes legal advice. President Trump tweeted last night that he would sign an executive order banning immigration to the United States. While it is still unclear how this will play out, it is only likely to be a temporary setback. Anyone hoping to apply for a US visa should continue as normal if their circumstances permit. “In light of the ...

Sukanya is an Associate in our Mumbai India office. She works with our Indian clients on EB-5, L1 and E2 visas coupled with Grenada citizenship. China is considered the world’s manufacturing hub. However, there are reports that we might see a change in that soon. The coronavirus pandemic has made companies from across the world to move their production units out of China. Even before the pandemic, the U.S. - China trade war had triggered many U.S. based companies to ...

Duncan Hill is marketing director at Davies & Associates LLC. Duncan is not a lawyer and nothing in this blog constitutes legal advice. The United States Citizenship and Immigration Services (USCIS) has changed the way it processes I-526 petitions. Instead of operating the first-come-first-served approach, adjudications are now being determined by visa availability. An I-526 petition is the application for the EB-5 Immigrant Investor Visa. This program offers a relatively straightforward path to a Green Card for families or individuals ...

The United States Citizenship & Immigration Services (USCIS) has slowed the pace at which it adjudicates I-526 petitions. The I-526 form demonstrates a petitioner’s eligibility for the EB-5 visa and constitutes the first official step in the application process for would-be immigrant investors. The slowdown in adjudications are the result of political, administrative and external factors. They are evidenced in the fact that “priority dates” for countries in visa retrogression are quickly shifting forward. The changes to the priority dates ...

Duncan Hill is marketing director at Davies & Associates LLC. Duncan is not a lawyer and nothing in this blog constitutes legal advice. Businesses across the United States are reeling from the economic impact of the Covid-19 Coronavirus outbreak. Furloughed employees, disrupted supply chain, cancelled purchase orders, nosediving share prices and shuttered premises are all compounding to create an unprecedented challenge. Over the past decade, Davies & Associates has brought hundreds of businesses and entrepreneurs to the United States. Our ...

David Cantor is a licensed attorney in the State of New York based in our Florence, Italy office. David oversees Client Relations for Davies & Associates Global Investor and Business Visa Practice. As of March 18, US Citizenship and Immigration Services suspended in-person services until April 1st in order to combat the spread of the Coronavirus (COVID-19). It is highly likely that interviews and other critical Consular services will also be suspended beyond this date – in other words, it ...

Sukanya is an Associate in our Mumbai India office. She works with our Indian clients on EB-5, L1 and E2 visas coupled with Grenada citizenship. As per the recent update of US Visa Bulletin for the month of April 2020, we see a change in the final action dates for EB-5 preference cases for India and Vietnam. Priority Date means the date when the US Citizenship and Immigration Services - USCIS - receives the petition and form I-526. Each country ...

Girish Mohile is an Associate with D&A based in Mumbai, India. Girish works as local Business Development representative for the firm and acts as liaison between Indian clients and US attorneys on their source of funds. Girish is not licensed to practice law in the United States and nothing in this blog constitutes legal advice If you are a business owner or an entrepreneur, then you might have your dreams of launching your business in the US. In order to ...

Duncan Hill is marketing director at Davies & Associates LLC. Duncan is not a lawyer and nothing in this blog constitutes legal advice. Barring an eleventh-hour intervention, the minimum investment required for an EB-5 application is increasing from $500,000 to $900,000 in areas of high unemployment and from $1 million to $1.8 million everywhere else. Given the time it takes our attorneys and paralegals to prove that a client’s source of funds meets with strict US requirements, it is most ...

David Cantor is a licensed attorney in the State of New York based in our Florence, Italy office. David oversees Client Relations for Davies & Associates Global Investor and Business Visa Practice. Recently, select municipalities throughout Italy (Molise, Sambuca, Mussomeli, Patricia, and others) have launched official economic programs to stimulate and rescue dwindling communities. These unprecedented economic strategies involve marketing lucrative offers for individuals and families to establish residency and businesses in select, dwindling, provincial townships and communities – from ...