BANGALORE, INDIA - Case Study
A Chartered Accountant from Bangalore, India applied for EB5 Visa in pursuit of better life for his family. He made this journey with Davies and Associates specifically for the future of his children. He wanted his children to pursue high school and higher education in the United States. Also, American infrastructure and culture seemed right for the special needs of his son.
Chairman of Davies & Associates, LLC and Mark Davies met with the client in Bangalore, India on multiple occasions to discuss his EB5 source of funds and strategizing his remittance under the Reserve Bank of India's (RBI) Liberalized Remittance Scheme (LRS). He was also assisted in choosing the right regional center for making a qualifying EB5 investment. His EB5 source of funds was an intricate web of professional income, family inheritance and funds from Hindu Undivided Family (HUF) dating back two decades. Our EB5 attorneys spent long hours researching the law and presenting his source of funds in a manner acceptable to United States Citizenship and Immigration Services (USCIS). His EB5 visa was approved in 2015 and soon after he became a permanent resident after receipt of his green card. He now lives with his family in U.S.A.
