The EB-5 is also known as the employment-based 5th preference category, which was produced to attract foreign capital to create job opportunities and enhance the US economy. While no one mandates that you hire an EB-5 program attorney, but it is undoubtedly advisable. When you are committing to an EB-5 project with the hope of receiving a green card for yourself, spouse and the unmarried minor kids, but if you try to save money in this way, it hardly makes any sense.
Hire an Expert!
While you could hire a lawyer who is not an expert in the EB-5 visas for the task, it may prove to be unwise. Will you go to a doctor who is not a specialist in the domain? Surely not! It is not advisable to take the services of an attorney who is not an expert in the EB-5.
Some have successfully filed an EB-5 petition on their own, but if they exist, they are few and far between. Many have attempted to try things on own but only to fail in getting the visa. They might have found that there was no point in saving the attorney fee on such an important thing. They later got the visa after hiring an attorney. The price for an EB-5 lawyer is just a small fraction of the cost of an EB-5 investment. The fee ensures that the application is done in the right way. The result is that DIY wasted a lot of time and also money as they did not have the legal help.
Making the Application Correctly
Potential investors look at the EB-5 application the I-526 and find that it is only a few pages long. They begin to think that it is something that they can handle on their own without taking any help from the lawyer. While it is true that the application is short, but it is still complicated. It is not enough to answer the questions but to answer them in the right way that complies with the EB-5 regulations.
A simple error can cause problems in the application, and it is very likely that the layperson filing it on their own make more than one mistake and ruin the entire application. Further, there is much more beyond filling the application, and it best to hire an EB-5 program attorney.
Finally,
Making an application for EB-5 visa isn’t meant for everyone. It should be best left to the experts who can handle it correctly!
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