In the context of EB-5, a Troubled Business is referred to a business that has been in existence for at least two years; it has incurred a net loss during the twelve- or twenty-four month period prior to the priority date of the EB-5 Investor’s Form I-526, and the loss for such period is at least equal to 20% of the troubled business’s net worth prior to such loss.
DISCLAIMER: All content on this website, including this Visual Law Lexicon are developed by Paymon Barati-Darmian, attorney and founder of www.ChosenLawyers.com, together with many other dedicated, diligent and compassionate people: lawyers and laypersons alike. However, due to the evolving nature of legal doctrines, theories and applications, we cannot guarantee their exactitude or whether they are complete or up to date.
These general information and interpretations are not intended to be substitutes for the legal advice of and consultation with an attorney, regarding your specific case. For a FREE case evaluation please contact one of the highly trusted, competent and compassionate Chosen Lawyers, right now: “That is because when it comes to legal matters, time matters!”.
Copyright © 2016 ImmigrationLawTV.com, L.L.C. All Rights reserved