Glossary of Terms

EB5 BRICS > Glossary of Terms

Promissory Note

By |September 29th, 2022|

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

Priority Date (Date of Filing)

By |September 25th, 2022|

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

Principal Beneficiary

By |September 25th, 2022|

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

Pilot Program (Regional Centers)

By |September 22nd, 2022|

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

Police Certificate

By |September 22nd, 2022|

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


By |September 18th, 2022|

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


By |September 18th, 2022|

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

Out of Status

By |September 11th, 2022|

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

Project Owners

By |September 11th, 2022|

What is a Project Owner? The project owner is usually, but not always, the head of the business unit receiving the product and is accountable for the successful implementation of the project. Frequently, the

Offering Document

By |September 8th, 2022|

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