EB-5 VISA - Instructions for prospective sponsor/developers

868 views

Published on

BEHAR LAW GROUP has published a new tutorial for their prospective sponsor/developers in the USA. This ensures speedy and efficient implementation.

Published in: Investor Relations, Education
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
868
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
3
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

EB-5 VISA - Instructions for prospective sponsor/developers

  1. 1. Instructions to Prospective Sponsors for Creation of Regional Centers
  2. 2. <ul><li>Select an actual commercial project; </li></ul>Lake Buena Vista Resort & Spa Orlando, FL Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  3. 3. <ul><li>Ensure that the value of the Regional Center (RC) application is greater than $70 million for it to be cost effective; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  4. 4. <ul><li>Ensure that the project in the region can generate ten(10) U.S. jobs directly or indirectly per investor; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  5. 5. <ul><li>Assess unemployment levels in the geographic region of the project; </li></ul><ul><li>Review unemployment statistics in census tracts and county; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  6. 6. <ul><li>Gather all financial records: business, economic, and marketing materials to date for review by counsel; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  7. 7. <ul><li>Establish a good relationship with an international banking concern for escrow purposes; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  8. 8. <ul><li>Establish a good network of referral sources to identify foreign investors; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  9. 9. <ul><li>Harness a team of experts within the organization to bring their expertise to the project; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  10. 10. <ul><li>Review all charts related to the EB-5 program and become familiar with its terminology, strengths and limitations; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  11. 11. <ul><li>Fully discuss with counsel the benefits and obligations of the EB-5 program, including pending Congressional USCIS legislation; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  12. 12. <ul><li>Advance send aerials, summaries and business plans of the project as well as the organizational chart of existing team members; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  13. 13. <ul><li>Request draft agreements for legal representation for the submission of the regional center application, and compliance for the regional center; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  14. 14. <ul><li>Review all content of the draft agreements and comment thereon if necessary; </li></ul><ul><li>Establish the number of investors needed for the project; </li></ul><ul><li>Establish a working name for the project; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  15. 15. <ul><li>Execute all agreements and effect fee payments on a timely basis; </li></ul><ul><li>Review payment schedule for team participants; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  16. 16. <ul><li>Arrange for structured team meetings to organize Regional Center submission; </li></ul><ul><li>Deploy all phases for establishment of the regional center and marketing to investors simultaneously and seamlessly; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  17. 17. <ul><li>Arrange for initial market test of investor interest domestically and internationally; </li></ul><ul><li>Conduct SWOT analysis; </li></ul><ul><li>Establish working marketing budget; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  18. 18. <ul><li>For Regional Center submission, ensure participation in business plan, immigration documents, SEC documents, marketing plan and economic analysis (three months); </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  19. 19. <ul><li>Ensure that all immigration submission documents are prepared on a timely basis; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  20. 20. <ul><li>Await decision from USCIS but prepare marketing structure in the interim; </li></ul><ul><li>Different “soft” marketing; </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  21. 21. <ul><li>Behar Law Group </li></ul><ul><li>Larry J. Behar, </li></ul><ul><li>888 Southeast 3 rd Avenue, Suite #400 </li></ul><ul><li>Fort Lauderdale, FL 33316 </li></ul><ul><li>Tel: 954 524 8888 </li></ul><ul><li>Fax: 954 524 0088 </li></ul><ul><li>Email: [email_address] </li></ul><ul><li>Website: www.eb-5lawyers.com </li></ul>Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved
  22. 22. BEHAR LAW GROUP Copyright © 2011 Larry J. Behar, Attorney at Law. All Rights Reserved

×