At the beginning of the new year, the Corporate Transparency Act (“CTA”) went into effect, burdening 32 million businesses to submit certain beneficial ownership information (“BOI”) in reports filed with the Financial Crimes Enforcement Network (“FinCEN”). You can find a detailed summary of the CTA and BOI reporting requirements here. Many affected parties have voiced...
Blog
The EB-5 Immigrant Investor Program has gained significant attention from individuals holding H-1B and F-1 visas in the US. These visa holders, who seek pathways to permanent residency and greater flexibility in their lives, are increasingly turning to the EB-5 program as a viable option. The increase in interest stems from concurrent filing, which locks...
Becoming a U.S. citizen is a significant milestone for immigrants who have made the United States their home. For those married to U.S. citizens, the process is often streamlined through the submission of Form N-400, the Application for Overseas Employment and Naturalization. However, when the U.S. citizen spouse has been employed abroad, there are unique...
Companies looking to transfer employees to the US from abroad can avail themselves of the L-1 intracompany transferees (L visa), which necessitates a qualifying relationship between the foreign company and the US entity, meeting the requirement for an L-1 visa There are two classifications of L-1 visas: The L-1A visa caters to intracompany transferees occupying...
In the EB-5 Immigrant Investor Program, the question of where to invest is just as important as how funds are sourced and obtained. The program offers unique opportunities for investors seeking U.S. residency through investment, with a lower investment requirement of $800,000 USD for those who invest in projects located in rural areas, high unemployment...
Feb202024
H-1B Registration Opens March 6th! As March approaches, so does the opening of the H-1B registration period for FY2025. For many skilled foreign workers and employers alike, this marks a crucial time to secure work authorization in the United States. The H-1B visa program allows U.S. employers to temporarily employ foreign workers in specialty occupations,...
The EB-5 Immigrant Investor Program is one of the fastest ways to obtain permanent residency in the United States. An integral part of the process is the requirement to demonstrate the lawful source and path of funds used for the investment. While proving the source of funds may seem daunting at first glance, it is...
There’s quite a bit of confusion around how filing your annual Texas Franchise Tax Public Information Report (“PIR”) with the Texas Comptroller affects your records with the state and control of an entity. The content of the PIR although reflected in the records of the Texas Secretary of State (“SOS”) does not amend the Certificate...