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No Such Thing as Pre-Approval in EB-5
by Joseph Whalen
I speak from first hand experience when I say that the concept has been misunderstood, misconstrued, mischaracterized, and has strayed far afield from the original intent and purpose. I-526 Exemplar Petitions were originally envisioned as a means to vett certain specific documents for EB-5 compliance. Such vetting was mainly of standardized financial transaction documentation. Those types of documents were the ones involved in Izummi that became problematic through "bait and switch" tactics. Please read tye attached for a deeper expalanation (it will print as only two-pages).
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- Documents
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- No Such Thing (No_Such_Thing_as_Pre-Approval_in_EB-5_01-04-2012_JPW.pdf)
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Joseph Whalen
I provide highly-individualized training based on consultation with my clients. I serve Regional Center Principals and their counsel as well as pro... read more »
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