You might be aware that United States EB-5 investors and their dependents are now eligible for PR and I-829 petition approval. In this blog, we will talk about the tax and criminal issues.
Recently, along with the Department of Homeland Security, US President Donald Trump released an Executive Order. This order focuses on removing the following:
The US Citizenship and Immigration Services does not need a criminal conviction to deport an EB-5 investor or their dependents. A Conditional Permanent Resident (CPR) could be arrested in any part of the world, for any violation. In such cases, he or she must reach out to their immigration lawyer for the best possible solution.
The EB-5 investors or the dependents must inform their lawyer about all the past arrests and encounters with the court of law. Deportation proceeding might also begin even if they have been arrested a long time ago for a very small reason. In case they fail to disclose any of their arrests or wrongdoings, they will come under I-829 Section Petition denial. This will be the start of deportation proceedings.
The CPRs or PRs are subjected to the US tax rules, as quoted by The Guardian. If they fail to pay the tax returns as a citizen of the United States, it will result in the denial of an I-829 Petition. This can happen if the investor or even his or her dependents fail to pay their tax returns.
Y-Axis offers a wide range of Visa and Immigration products as well as services for aspiring overseas students including Study Visa for the USA, Business Visa for the USA, Visit Visa for the USA, Dependent Visa for USA and Work Visa for the USA.
If you are looking to Study, Work, Visit, Invest or Migrate to the USA, talk to Y-Axis, the World’s No.1 Immigration & Visa Consultants.
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