Back to Top skip to main content
Green and Spiegel - An Immigration Law Firm
Menu
Dec 17, 2018

Investors Eye U.S. Visas as Cure to Brexit Economic Fears

Matthew Galati

Since the first referendum vote in June 2016, the UK government has been dealing with an arduous and controversial process of exiting the European Union (EU). Regardless of anyone’s feelings on the matter, Brexit is expected to officially happen on March 29, 2019. What that exit looks like on a national and international context is fueling great anxiety for our prospective clients, particularly with regard to the future economic uncertainty in the UK’s business and investing sector.

 

One reoccurring fear is that if Brexit happens and is particularly messy, a new government could take power that would drastically change corporate and general tax policies, demanding increases upon wealthy individuals. Another fear frequently cited by clients – perhaps more worrisome – is a severe economic downturn that could wipe out individuals’ assets and business prospects.

 

Our firm has received an unprecedented number of inquiries from high net worth British citizens and residents looking to move to the U.S. or otherwise pursue immigration benefits to hedge their bets. Prospective clients have been particularly interested in moving to the U.S. on a temporary (but indefinite) basis through an E-2 nonimmigrant investor visa. Other investors – seeking a more permanent, but less active solution – have been drawn to the EB-5 regional center investment program. The E-2 process is generally faster than the EB-5, and also can be accomplished with a lower threshold amount. However, some wealthy British investors have preferred moving forward with the Green Card process for their families, especially as increases to the minimum investment amount are looming.

 

For more information regarding moving to the U.S. as an investor or entrepreneur, contact us today.

Related Team

Recent Blogs

Jan 15, 2019

Vietnam Officially Added to CPTPP, and Potential Benefits to Investors Follow

The Government of Canada has officially updated program delivery instructions for business visitors and investors holding Vietnamese passports, given that the Comprehensive and Progress Trans-Pacific Partnership (CPTPP) for Vietnam entered into force on January 14, 2019. Read the full blog to learn more.

Jan 14, 2019

EB5Investors Magazine Names Matthew T. Galati a Top 25 Immigration Attorney

Congratulations to Matthew T. Galati for being named a Top 25 Immigration Attorney by EB5Investors Magazine in January 2019 for his experience, reputation, and passion.

Jan 11, 2019

Employment-Based I-485s: Ability to Use the Earlier Date for Filing Charts May Come to a Close

Back in September, United States Citizenship and Immigration Services (“USCIS”) was allowing applicants to file their I-485 applications for adjustment of status in both the employment-based and the family-based categories according to the earlier-in-time Filing Date Charts. Put another way, USCIS has been accepting Form I-485 filings for all prospective qualifying immigrants before a visa number is technically available. Green and Spiegel has been filing our clients’ files in light of this change for months, however, it appears that this will shortly come to an end. Learn more here.