A senior finance professional with experience in fund management from Mumbai wanted to move to the United States with his family to pursue the same profession in U.S. He also wanted to give his children quality education and broaden their horizon. As he was not interested in starting his own business which needed 10 employees he opted for regional center EB5 visa.
Chairman of Davies & Associates, LLC, Mark Davies and Head of India Practice, Abhinav Lohia met with him in Mumbai, India and Washington, D.C., USA on multiple occasions to discuss his source of funds. He was assisted in identifying the right source of funds and strategizing his remittance to the United States to comply with the Reserve Bank of India’s Liberalized Remittance Scheme. His EB5 funds were sourced from his professional income over the past one decade. He was also assisted in identifying the right EB5 regional center to make a qualifying EB5 investment. After funding the regional center project, the client changed his mind re the investment and wanted to invest in another regional center. Davies and Associates assisted him getting his funds back from the regional center within a week and fund the other regional center. Attorneys at Davies and Associates filed a successful application for him. He received his EB5 visa approval in mid 2016.