Glossary of Terms

What is a Promissory Note? A promissory note is a debt instrument that contains a written commitment by one party (the note's issuer or maker) to pay another party (the note's payee) a certain

What is referred to as a "Priority Date?" The date that USCIS received your I-130 petition is known as the priority date (date of filing), which you can consider as the date of your

What is meant by "Principal Beneficiary"? The principal beneficiary is a person or organization that is first in line to receive benefits from a will, life insurance policy, retirement account, trust, or annuity upon

What is referred to as the "Pilot Program" (Regional Centers) in EB-5? The U.S. Congress adopted Section 610(c) of the Appropriations Act in 1993, which aids regional centers in encouraging immigrant investment in specific

What is a Police Certificate with regard to US immigration? The term "police certificate", with regard to US immigration, refers to a declaration from a country's law enforcement officials that certifies whether or not

What does “Petitioner” mean? A petitioner is a person who submits a request to the government. The petitioner, in the context of immigration, is the individual who submits an immigration form on behalf of

What does "Petition" mean? A petition is a request to take some action and is typically submitted to a government official or public institution. It is a piece of paper addressed to an official

What is meant by "Out of Status”? The term "Out of Status’ indicates that the individual has lost their immigration status due to a violation of their visa terms. Whether you intend to move

What is an Offering Document? An offering document, also known as an offering memorandum or prospectus, describes the fund's investment objectives and restrictions, its characteristics, risk disclosure, fees, dealing procedures, and conditions leading to