Joint Venture

This is an arrangement is made so there is a business agreement between parties or entities. They agree to the development and join together to form an entirely new entity. This creates additional new assets through contributing separate equity to the joint venture, for a specified period of time. All revenue, expenses, and all of the assets are henceforth shared in the new entity.

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EB-5 Program Update:

The EB-5 Program has lapsed. The US Congress is discussing the legislation that authorizes the program while USCIS reviews the regulations and policies for filing. Because of the recent court ruling that reversed the 2019 Modernization regulations, the investment level has shifted temporarily from $900,000 back to $500,000.

If the program is reauthorized before the regulations are updated, there may be another window of opportunity to file at $500,000.

LCR expects the program to be reauthorized in December, and continues to work with international families that want to explore alternative residency options.

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