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Contact Information
Clem Turner
(646) 393-4701
Address
150 Broadway, Suite 1920
New York, New York 10038
United States
Web Site
homeierlaw.com
Contact Email
clemturner@homeierlaw.com
LinkedIn
http://www.linkedin.com/in/clemturner
Practice Areas
Business/Corporate, Corporate Governance & Compliance, Securities & Corporate Finance, Experienced EB-5 Attorney, Mergers & Acquisitions, Corporate, Technology
Languages spoken
not present
States
California, New York
Associated with:
Homeier & Law, P.C.
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Clem Turner Questions & Answers
How do I know what Regional Center to invest in ?
When is the next USCIS EB-5 stakeholders meeting?
How do I know which Regional Center to invest in to get my Green Card?
Can "Limited Partnership" be considered as a kind of security against possible higher inflation rates in next 5-6 years in the US, if the invested RC project proves to be a commercially healthy entity. In other words, if invested business market value match or exceeds inflation, can investor benefit from his/her investment at the end of investment period by at least getting day's equivalent of initial $500k investment?
Regarding to the source of fund, if I have a total income of 0.9 million US dollar for last 10 years, provided the supporting documentation is available,is it acceptable to USCIS that I am capable to make a half million investment through EB-5 pilot program? what if my total income for the last 5 years is 0.7 million dollars?
If I have total income of 0.9 million for the last 10 years, and my tax return for the last 5 years is available, will USCIC accept my source of fund? However, my bank statement does show my money accumulate a bit by a bit since I transfer my money so randomly for other usage or lending to my family.
If the money invested incurs a loss during the conditional period, will the EB5 be cancelled and we be sent back home?
What is the Administration Fee in EB-5 process that is before fund $500,000 ?and how much is the Administration Fee ?
This makes everything so comepltely painless.
How does a small, regional, restaurant company tap into EB5 funding for expansion to new markets?
What happens if $1mm is used to create 10 jobs, but then the company, say a software startup, fails before the 2 yr period and all the money is lost? Does that impact the granting of the I-829? Or what happens if 10 jobs are created in a short term project, say a movie, the jobs end in, say, 12 months, but the movie goes on to be successful and returns the investor's money. Does that impact the granting of the I-829?
What happens if $1mm is used to create 10 jobs, but then the company, say a software startup, fails before the 2 yr period and all the money is lost? Does that impact the granting of the I-829? Or what happens if 10 jobs are created in a short term project, say a movie, the jobs end in, say, 12 months, but the movie goes on to be successful and returns the investor's money. Does that impact the granting of the I-829?
How does a small, regional, restaurant company tap into EB5 funding for expansion to new markets?
Hi. According to USCIS, a Targeted Employment Area (TEA) is defined as a high unemployment area OR a rural area. However, in the Department of Labor website of New Jersey: A Targeted Employment Area (TEA) is defined as: A rural or non-rural area that has experienced a high unemployment rate of at least 150 percent of the national average unemployment rate during a comparable 12-month period. Is there a discrepancy here? Thanks a lot for your clarification.
If I purchase a large apartment community and employ 10 people to run the property under direct EB-5 program, would I qualify for the EB-5 Visa.
If I-526 is denied for EB-5 "A" project, can the investor re-apply for another EB-5 project later? If re-application is permitted, will the USCIS refer to or use the information that the investor had submitted earlier for "A" project? Or will the USCIS just review the current information submitted for the new EB-5 project?
What if you don't care about return on investment or even return of investment, you have the $1mm, and you just want the surest, easiest path to obtaining the I-829. What is the easiest way to create and sustain 10 jobs so you pass through the I-829 adjudication?
I just want to ask a question to clarify some confusion here with regards to EB-5 investor eligibility criteria. I read in some posts here that EB-5 investor has be an "accredited investor" that means that he has to minimum have 1 million dollar net worth or a high enough income. I didn't see that requirement in the USCIS site. So this is probably an oversight or misunderstanding in some posts here. Could someone please clarify.