Tax Planning for US Immigration

Did You Know You Might Need to Report Your Foreign Bank Account?

Did you know U.S. tax resident alien of the USA is subject to the foreign bank account reporting {FBAR} rules? Specifically, a U.S. resident including a Green Card holder is required to timely file the annual foreign bank account form for the current year reporting offshore financial accounts: i. in your individual name or joint names, or ii. in certain instances, in the name of overseas companies you own a majority stake in, or iii. offshore financial accounts over which you ...
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EB-5 Investor Visa Reauthorization in June 2021. What you need to know.

The EB-5 Regional Center program is facing reauthorization in June 2021. This has resulted in some uncertainty for current and future clients. Although we do not predict issues for people who file before June 30, there are ways to mitigate your risk:1. If you are a D&A client, your case was recently approved and you reside outside of the US, we have already contacted the EB-5 unit at USCIS asking them to expedite the transfer of your file to the NVC so that visa ...
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Obtaining an E-2 Treaty Investor Visa Despite Travel Complexities of Covid-19: Case Study

E-2 Treaty Investor Visa Approved for a Canadian National who applied at the US Consulate General in Sydney during the pandemic By Verdie Atienza, Head of L-1 & E-2 Visa Practice Prior to the lockdown, D&A started to work on an E-2 visa application for a Canadian national who was temporarily in Australia for a vacation. The original plan was to apply at the US Embassy in Toronto where new E-2 applications for Canadians are filed and processed. It is ...
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End of US Travel Ban Releases Pent-Up Demand from Nigeria

President Biden's decision to reverse President Trump's travel ban has released pent up demand for US immigration services from Nigeria. Nigeria was hit with a US travel ban in February 2020 after President Trump introduced new restrictions as part of his ongoing immigration reforms. The move added Nigeria and five other countries to what was widely referred to as a "Muslim Ban" that dated back to the start of his administration. In Nigeria, where around half the population are Muslim, ...
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