EB-5 Immigrant Investor Program

Foreign investors and their families have been able to obtain permanent residency in the United States through the 5th Employment-Based Preference (EB-5) visa program established in 1990. EB-5 visas have many advantages: Foreign investors do not need sponsorship from an employer or family member. There are no language, business, or education requirements for applicants. Investors who receive a Green Card through the EB-5 program are permitted to work and live anywhere in the US. Investors who receive a Green Card can travel to and from the United States without a visa. After establishing residency in the United States, investors and their children may be able to pay lower college and university tuition rates than foreign students.

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GAO Calls for Better Assessment of Fraud Risks, Economic Benefits From EB-5 Program

The U.S. Government Accountability Office (GAO) recently released a report that calls for additional actions to better assess fraud risks and report economic benefits in the EB-5 program. The GAO noted that fraud risks are constantly evolving and that U.S. Citizenship and Immigration Services (USCIS) continually identifies new fraud schemes, but the agency does not…

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A Guide for Young Homeowners: Navigating Credit Card Debt

young homeowners

Becoming a homeowner is a significant milestone that many young individuals aspire to achieve. However, with this newfound responsibility comes the potential for financial pitfalls, and one common challenge is credit card debt. Let’s explore the reasons young homeowners find themselves in serious credit card debt, offer insights into how to recover, and discuss when…

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Navigating Troubled Waters: Rescuing Your Home from Credit Card Debt

credit card debt

In today’s fast-paced world, it’s not uncommon for individuals to find themselves drowning in a sea of credit card debt. Mounting bills, high-interest rates, and unexpected expenses can quickly lead to financial distress, jeopardizing the very roof over your head. However, all is not lost. Let’s explore proactive steps to rescue your home from the…

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Understanding & Confronting Credit Card Debt: Navigating the Wave

credit card debt

Recently, the Federal Reserve Bank of New York released alarming data revealing that American household credit card debt has reached an unprecedented milestone, exceeding $1 trillion for the first time ever. During the second quarter, credit card balances surged by $45 billion, landing at a staggering $1.03 trillion. This surge, coupled with rising auto loan…

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Understanding & Managing Financial Debt with Chapter 7 Bankruptcy

financial debt

In today’s fast-paced world, managing finances can be a daunting challenge, and the allure of credit cards can lead many down the treacherous path of overwhelming financial debt. With high-interest rates and monthly minimum payments lurking in every corner, financial well-being often hangs in the balance, making it difficult to save for the future or…

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Washington State’s Fair Shot Act Makes Bankruptcy Easier: 5 Key Benefits

key benefits, Fair Shot Act, bankruptcy

Bankruptcy can be a difficult and overwhelming experience. The pressures of debt can be disheartening, and the prospect of navigating the complicated legal process of filing for bankruptcy on your own can be daunting. Fortunately, Washington State has recently passed new legislation that aims to give individuals and families a “fair shot” at financial stability.…

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