10,000 EB-5 Visas are issued by the U.S. Citizenship and Immigration Services Yearly to Foreign Nationals

10,000 EB-5 Visas are issued by the U.S. Citizenship and Immigration Services Yearly to Foreign Nationals

Mar 02

From 2014 to 2015, the U.S. Citizenship and Immigration Services (USCIS) issued 10,000 EB-5 visas to foreign nationals willing to invest in the United States. More than 90% of those granted the visa came from China (10,000 is the yearly quota of EB-5 visas issued by the USCIS).

China, however, is not the only country where a steady flow of immigrants come from.

Another country, where wealthy individuals invest and immigrate into the U.S., is Russia. Russians investors immigrating to the U.S. increased during the early 1990s, after the collapse of Communism in the Soviet Union and after they realized that their country will not be able to provide a suitable investment environment where they can protect their wealth. When the Russian stock market and the Russian ruble plummeted in 2014, however, the cost of investment in the U.S. increased 50% more in rubles. Fortunately, a lot of wealthy Russians who qualified under the EB-5 program have dollar and/or Euro currency accounts outside of Russia.

The EB-5 Program, also known as the employment fifth preference visa, was approved by the U.S. Congress in 1990. The purpose of its creation was to boost the growth of the U.S. economy through capital investment and job creation by foreign investors.

The EB-5 Immigrant Investor Program is the easiest and fastest way for wealthy foreign nationals (and their families) to obtain a U.S. Green Card. This EB visa category is actually made available to foreign nationals who are capable of making $500,000 to $1 million investment in the U.S. The amount of investment required is for the creation of a new commercial enterprise or as investment in a Regional Center, either of which is for the purpose of creating or preserving at least 10 full-time jobs for U.S. workers. EB-5 Regional Centers are organizations designated by the USCIS for the purpose of sponsoring capital investment projects to help EB-5 investors and project developers meet the job creation requirements that will qualify them under the EB-5 program rules.

Investing in a EB-5 Regional Center is considered by many investors as a safer, easier and cheaper move in obtaining a conditional green card for themselves and their families, as well as in having the conditions for a citizenship subsequently removed. With regard to cost of investment, instead of cashing in $1 million (the amount investors will need to spend if they decide to create a new business), the amount required in investing in an EB-5 Regional Center is only $500,000. The creation or preservation of at least 10 full-time jobs for U.S. workers will also be easier and faster, especially if the Regional Center chosen by investors is one that is solid and well-run.
According to a Russian investor immigration lawyer, “In order to qualify for an EB-5 visa, individuals need to meet a number of strict requirements related to investment money, job creation, and business creation or support. Specifically, individuals need to do one of the following:

  • Create a new business
  • Take over an existing, troubled business (a business that has lost 20% of its total net worth) and retain all existing jobs
  • Take over and grow an existing business (growth defined as 140% increase in either net worth or jobs); or,
  • Invest in an existing, approved Regional Center
What Are The Consequences of DUI In South Carolina?

What Are The Consequences of DUI In South Carolina?

Oct 07

Getting convicted of DUI in South Carolina involves more than just paying the fine. More often than not, these kinds of charges can have serious ramifications that can have a huge impact on your life, as the website of Truslow & Truslow, Attorneys at Law reveal. Aside from paying the penalty, you may also be required to obtain an SR-22 insurance which is valid for the next three years.

If you have been arrested for DUI, perhaps you might be wondering about the possible consequences you will be facing for your offense. Although it will depend on the number of offense that you have committed, the following are some likely effects of your DUI offense.

1. Suspension of Driving Privileges
For people who are dependent on their vehicles, a DUI offense can go beyond paying fines and serving jail time, it could also mean loss of livelihood due to limitation of your driving ability. Chances are you might not be able to report for work as you cannot legally operate a motor vehicle.

2. Loss of Insurance Coverage
Another potential consequence of a DUI charge is that your insurance carrier might cancel your insurance coverage if you get convicted or make a plea for DUI. The only way you can recover coverage is by enrolling in an Alcohol and Drug Safety Action Program or ADSAP. Even after completion of the program, your route may still be restricted.

3. Work-Related Consequences
The problem with DUI is that it can show up in your driving record. If your employer conducts an annual review and sees your driving record, this could seriously affect your status in the company you are working for.

4. Snowball Effect
Your initial DUI conviction can have a snowball effect on your future DUI convictions. When you get convicted for a second or third offense, you may be paying larger fines or serving longer prison times. Likewise, you may be dubbed as a habitual offender. Of course, you would not want that to happen?

When Product Recalls Aren’t Enough (Auto)

When Product Recalls Aren’t Enough (Auto)

Jun 30

When you purchase a product, you are under reasonable assumption that it’s not going to cause harm to you or your family; unfortunately, the website of Williams Kherkher says, this is sometimes not the case, as evidenced by the many recalls issued each year by the Consumer Product Safety Commission upon receiving injury reports from consumers. Product recall is the vital step that must be taken when deficiencies are identified. But as of late, an alarming occurrence is taking place among automakers regarding the recently recalled Takata airbags (aside from this being labelled as the largest auto recall in history-yes, more alarming than that.)

Linked to at least 13 deaths worldwide and more than 100 injuries, some 100 million vehicles have been recalled due to the defective Takata airbags, 60 million of which were in the United States. The recall has more than doubled in size since the initial announcement, and a staggering 78 million more are predicted to be recalled through 2019.

What’s more troubling than this ever growing number of recalls, however, is the confirmation of at least four automakers that some of their new vehicles are still being equipped with the defective airbags. Fiat Chrysler, Mitsubishi, Toyota and Volkswagen all admitted to this; only Volkswagen and Mitsubishi provided investigators with the specific car models that may contain them, while Fiat Chrysler and Toyota refused to disclose which of their models might. Toyota did say, however, that it expects around 175,000 (unspecified) vehicles to be produced with the defective airbags between March 2016 and July 2017.

It is cause for great concern when such a widespread notice of danger is identified (the largest auto related one in history, no less) and companies not only make no hasty moves to eliminate it, but also continue to employ it in their product. This leaves consumers unknowingly buying new cars that are going to be recalled in a couple years, leaving them with an unforeseen ghastly inconvenience at the very least, and potential injury or death at the very worst.

What should you do after a car accident?

What should you do after a car accident?

Feb 12

Car accident is one of the most common causes of injuries, and according to the website of the personal injury lawyers at Crowe & Mulvey, LLP, at least a few million people in the United States is aggravated by accidents every year. Even minor crashes require a good deal of attention from the all people who were involved before the issue gets resolved. So, what should one do when he/she has been involved in an accident?

The first thing you should do after a collision is not to leave the scene. If a person fled after a crash, it will only incriminate him/her even more. Attend to the crash and make sure that your next course of action is to check up on all occupants of all vehicles before checking property damages. This way, you will be able to call for medical help should someone else involved in the accident need it. After assessing the situation, call the authorities and ask for them to prepare an official report. Be sure to coordinate properly with the police, and ask for their information as well so you know who to speak with should there be any complications at a later time.

If possible, ask the other driver/s for their important information such as contact numbers and insurance details. It will also be helpful to get information from the other occupants of all vehicles involved for a chance of strengthening the situation if the authorities ask for details. According to Find Law, an online space for legal information, do not apologize for anything as you might unconsciously admit legal liability, even when the incident is not your fault. Talking to witnesses will also be helpful in piecing the situation together.

The next wise thing to do is immediately inform your insurance provider of the accident. Disclose all honest information to avoid problems later on. Taking pictures of the scene might also aid in proving your statement, and it will help the insurer to determine the severity of the case. As with any other party involved in the accident, coordinate well with your insurer.

Hiring an attorney will exponentially help you with the outcome of the situation. If the other driver or your insurer fails to do right by their obligations, a lawyer will strengthen your defense, and ultimately, you might have a chance of getting the compensation you deserve. For more information on how to be a safer driver read through the National Highway Traffic Safety Administration’s website.

Signs and Indicators of Nursing Home Abuse

Signs and Indicators of Nursing Home Abuse

Aug 26

There are many individuals currently residing in nursing homes and other long-term care facilities in the United States. Many people opt to seek out the service provided by these institutions to ensure that their loved ones will receive the care and attention they require. Unfortunately, many of these residents suffer from a secret pain that most of the public has not been made aware of.

The Department of Health and Human Services shares the dark truth that instances of abuse in nursing homes happen frequently and that these situations occur with alarming regularity. Among the most vulnerable victims of this kind of abuse are the elderly. Data shows that roughly 2 million elders are victims of abuse, although this estimate cannot account for the many other instances when cases of abuse are left unreported. Regardless of this fact, it remains a tragic reality that an alarming amount of elderly individuals residing in nursing homes are suffering from mistreatment, violence, and exploitation.

Nursing home abuse is particularly tragic because it can be very difficult to spot. According to the website of Habush Habush & Rottier S.C. ®, cases of physical abuse, sexual abuse, negligence, malnutrition, and medication errors are rampant in nursing home abuse, but the indicators point to such incidents require careful observation. Unfortunately, because many families are unable to make regular visits to nursing homes in order to visit their loved ones, these signs can be easy to miss. Pay close attention to unexplained injuries like bruises and cuts, as well as unnecessary restraints and overmedication. Being sensitive to sudden moments of deterioration in a resident’s health can also point to the fact that a greater tragedy is happening. Personality changes such as aggression, regressive behavior, and social withdrawal can also be good indicators of abuse.

As the website of Pohl Berk puts it, nursing homes are charged with taking care of one of the most vulnerable populations in America. It’s important that they live up to such a responsibility. Their negligence can lead very serious consequences that are sure to cause great trauma for the victims.

Defective Drugs and Medical Products

Defective Drugs and Medical Products

Aug 24

It’s clear that the quality of health care has advanced greatly thanks to the advances made in the pharmaceutical industry. The companies that manufacture drugs and products have been actively providing solutions to patients’ needs. In the last couple of decades, these solutions have proven to be more convenient and easily accessible. Unfortunately, not every drug and medical product released in the market falls under such a description. There have been occasions when pharmaceutical giants have manufactured solutions that later proved to be defective or dangerous to patients.

It is difficult to deny that a lot of the innovative drugs and products manufactured by pharmaceutical giants have been incredibly helpful for medicine. Still, it would be wrong to say that some of these pharmaceuticals have no room left to improve. In fact, there are even particular products that have proven to cause alarming effects on patient health. While the Food and Drug Administration is supposed to make sure that no defective drug or product comes out in the market, there’s still risk that some oversight can be made. Otherwise, why would pharmaceuticals comprise of a large portion of all product liability lawsuits filed in America?

An example of a pharmaceutical product under close public scrutiny is the transvaginal mesh, an implant device used to support pelvic muscles for patients with stress urinary incontinence and pelvic organ prolapse. The vaginal mesh lawsuit attorneys at Williams Kherkher note on their website that the Food and Drug Administration issued a statement in 2011 highlight concerns over the occurrence of serious side effects like fistulas and urinary retention.

Another example is the anticoagulant drug Xarelto, which is prescribed to patients who face great risk of blood clots caused by certain cardiovascular conditions. While effective in preventing blood clots, Xarelto is also known to cause brain hemorrhaging and gastrointestinal bleeding, as well as increasing the risk of strokes and epidural hematomas. Some people who have suffered from these side effects have been able to file a lawsuit as an attempt to hold the drug manufacturer liable for the harm they have endured.

Premises Liability: Common Causes of Slip and Fall Accidents

Premises Liability: Common Causes of Slip and Fall Accidents

Aug 22

According to the National Safety Council, slip and fall accidents comprise roughly 8.9 million emergency room visits in the United States every year. This figure proves that while slip and fall accidents may seem minor compared to other dangerous situations, it can still cause injuries that may leave profound and long term effects on victims. This is especially true for older victims, particularly those aged 55 years and older.

Slip and fall accidents are an example of incidents that fall under the larger realm of premises liability. Like other accidents involved in this area of law, slip and fall accidents occur in areas that have become hazardous due to the neglect of those responsible for its care. Slip and fall accidents can happen anywhere, and they typically occur in areas that are frequented by a large amount of people. Victims can end up becoming seriously injured due to hazards present in places like restaurants, malls, parks, hotels, and resorts. Ritter & Associates identifies some of these hazards—cluttered walkways, slippery surfaces, cracked or uneven pavements, damaged or missing handrails on ramps and staircase. All of these are caused by the lack of proper maintenance and upkeep.

The real danger of slip and fall accidents is that it can lead to a number of different injuries, all varying in its severity. Victims who are lucky might suffer from sprains, minor lacerations, or broken bones. However, there are also cases when victims suffer from serious trauma. Other injuries common to slip and fall accidents include brain trauma, internal injury, and spinal cord damage. Tragically, these injuries are known to cause temporary or permanent disability.

While slapstick comedy routines might make it seem like so, a slip and fall accident is no laughing matter. Such incidents can cause significant consequences on the quality of life lead by victims. To prevent more of these accidents from occurring, it should be noted that property owners need to be held responsible for ensuring that their premises are safe and free from hazards. Click here to learn more about slip and fall accidents and premises liability.

Keeping Workers Safe from Toxin Exposure

Keeping Workers Safe from Toxin Exposure

Aug 21

Plenty of workers in manual labor industries face significant risk whenever they are on the job. This is particularly true for those in construction. As noted by the Ritter and Associates website, about 150,000 construction site injuries and roughly 1,000 fatalities are reported in the United States every year. There are many common causes for such accidents to occur. One that is typically reported in construction sites is toxic exposure. These are accidents when workers are left exposed to pollutants that impact their health and cause significant problems in the long run.

The website of Ali Mokaram from the Mokaram Law Firm notes that prolonged toxic exposure can cause a host of severe medical conditions. Among the most common results of such an accident includes aplastic anemia, Hodgkin’s disease leukemia, mesothelioma, as well as other cancers. As a result, victims of toxic exposure will need a lot of medical care and attention. For most victims, the treatment needed to address symptoms caused by their disease is sure to have some significant financial strain. Toxic exposure can also lead to other long-term consequences, particularly on a victim’s emotional strength and psyche.

Because of its devastating effects, it’s clear that toxic exposure is a problem that should be properly addressed in all workplaces. In that regard, the Occupational Safety Health Administration under the Department of Labor has made several suggestions to ensure the safety of workers at risk to toxic exposure on construction sites. Aside from making use of appropriate protective gear, the administration suggests that employers should update work processes and procedures to mitigate the risks involved in handling hazardous materials. In particular, they specify the need to have schedules rotated to ensure that workers don’t spend too much time handling dangerous chemicals. They also suggest that isolating the use of toxic chemicals in a specific area of the workplace can also stop the materials from affecting a larger portion of the workforce.

DUI Penalties for Military Personnel

DUI Penalties for Military Personnel

Aug 20

Across all fifty states, drunk driving is among the most serious of all traffic offenses. An overwhelming number of people are killed or seriously injured in traffic accidents involving an alcohol impaired driver.

The severity of penalties for driving under the influence or DUI is meant to act as a deterrent. While the exact punishment may differ depending on a particular state, DUIs are mostly punished with a combination of having to pay expensive fines, spend some time in prison, and take part in mandatory support programs. In Florida, for example, drivers with a first offense DUI can be sentenced to a minimum of 6 to 9 months in jail, a fine costing $500 to $2000, as well as taking part in community service and a victim impact panel.

These penalties are only much stricter when it comes to military personnel. Individuals charged and convicted with a DUI can face serious consequences that are sure to have a deep effect on one’s professional standing. According to the website of the Flaherty Defense Firm, individuals in the military facing DUI charges should expect to see their reputation at risk. This is especially true for those that already have previous DUI in their criminal record.

Aside from the penalties sanctioned on civilians, military personnel caught driving while drunk or intoxicated can experience the imposition of extra duty, reduction of one’s rank, reassignment and confinement in a specific post, suspension in deployment, and a suspension that could last in accordance to the severity of one’s transgression.

A drunk driving charge is not something to be taken lightly. This is particularly true for military personnel that have been caught committing a DUI violation. Such an arrest can create a setback on one’s career in the military and start a chain of events that might block any future prospects.

Foreclosure Defense: How You Can Protect Your Home

Foreclosure Defense: How You Can Protect Your Home

Aug 13

The instability suffered by the U.S, market in recent years has caused financial difficulties for a significant portion of the population. According to a news report by the Huffington Post, more than 35 percent of Americans currently have debts and unpaid bills.

One of the most typical issues faced by those who form part of this group is the inability to meet mortgage payments. These individuals face the threat of losing their homes to foreclosure. In an attempt to recover unpaid balance, creditors often force homes and other assets on sale. Fortunately, the law provides a solution for such a dilemma.

Before a property can be foreclosed, the creditor of the mortgage will need to file a case in court in order to initiate the process. This can typically last for several months, allowing homeowners plenty of leeway to act on protecting their property and interests. As the website of Hong Law, PLC puts it, homeowners have several legal options to prevent any foreclosure proceedings. Among those steps include pursing mortgage modification, filing a claim for a Truth in Lending Act violation, and filing for bankruptcy.

Mortgage modification was born out of the Emergency Economic Stabilization Act of 2008. Through this process, homeowners can attempt to keep their mortgage payments up to date, preventing them from being required to meet payments that have exceeded their means.

Meanwhile, filing a Truth in Lending Violation claim is an option for individuals that have been victimized by bad faith practices committed by the lender. The claim must be filed in a U.S. District court and should disclose a number of pertinent information including the identity of the creditor, the amount to be covered, and the total amount that has been already paid.

The last option available for homeowners facing the foreclosure is to file for Chapter 13 bankruptcy. This specific kind of bankruptcy can grant an automatic stay that will prevent creditors from activities in pursuit of payments and a repayment plan that is properly planned out for a span of three to five years.