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An ACFI-RC professional will assist the investor with this
entire process from start to finish ensuring that all aspects
of the program will be carried out as smooth, effective, and
efficient as possible. We realize that this process could be a
very traumatic experience for someone not familiar with the
process. Therefore, our commitment to you the investor, is to
assist you from beginning to end, managing your interests in
the same manner as our own.
ACFI-RC carefully identifies, evaluates, and selects qualified
investment projects for consideration by
accredited
investors. This selection process may include, but is not
limited to, analysis related to financial statements, business
plans, proformas, market analysis, econometric models, project
principals, etc.
An accredited investor interested in such a project, requests
the project's confidential information memorandum,
SEC-compliant offering memorandum, limited partnership
agreement, subscription agreement for a limited partnership
unit, and escrow agreement from the investment project
principals.
ACFI-RC then provides documentation for the accredited investor
to subscribe to a limited partnership unit and he/she
irrevocably commits USD 500,000 to a bank escrow account,
pursuant to the escrow agreement. Documents related to the
project are signed and returned to the investment project
principals. The investor or his/her escrow agent bank is then
required to provide evidence of the commitment of funds to
ACFI-RC.
Upon such notification, ACFI-RC determines whether the
accredited investor has selected an immigration lawyer to file
Form I-526 (petition for alien entrepreneur) with U.S.
Citizenship and Immigration Services (USCIS). If requested,
ACFI-RC will provide a list of qualified immigration lawyers
from which to choose so that the immigration process may
commence immediately.
This process includes but is not limited to an initial due
diligence by ACFI-RC regarding the investor and source of
funds. USCIS and DHS also performs due diligence on related
matters. Once due diligence is satisfactorily completed by all
parties, the I-526 petition is the next step.
If the I-526 petition for an alien entrepreneur is approved,
the accredited investor's lawyer notifies ACFI-RC, who then
furnishes notice to the ACFI escrow account bank which releases
the funds by wire transfer to the investment project in a
manner predetermined and agreed upon by all parties. The
accredited investor is responsible for making sure that any and
all bank wire transfer fees are paid so that no less than USD
500,000 is deposited into the ACFI-RC project escrow account.
The accredited investor also wires a fee to a separate ACFI-RC
operating escrow bank account for expenses relating to the
consulting services provided by the Regional Center.
At that time, the accredited investor and his/her spouse and
minor children receive conditional resident status (two years)
and apply at a U.S. consulate in their home country, or, if in
the United States, submit an application for adjustment of
status.
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