Glossary of Terms

Local Area Unemployment Status (LAUS)

By |August 28th, 2022|

What is the Local Area Unemployment Statistics (LAUS)? Local Area Unemployment Statistics (LAUS) is a federal-state cooperative program that produces monthly estimates of total employment and unemployment for the nation, states, metropolitan regions, counties,

Limited Partnership

By |August 18th, 2022|

What is a Limited Partnership? Not to be confused with a limited liability partnership (LLP), a limited partnership (LP) consists of two or more partners. The general partner manages and operates the business, whereas

Limited Liability Company

By |August 14th, 2022|

What is a Limited Liability Company? A limited liability company is a business structure in which the proprietors' personal liability for debts incurred by the firm is limited. Additionally, limited liability firms can offer

Joint Venture

By |August 14th, 2022|

What does Joint Venture mean? A joint venture (JV) is an agreement between two or more parties to pool their resources for the completion of a specific task. This task could be a new

Investor Pilot Program

By |August 11th, 2022|

What is the Investor Pilot Program? The Regional Center Program (TRCP), formerly known as the Immigrant Investor Pilot Program (IIPP), was launched in 1992. It has been extended till September 2015. It aims to

Immigration and Naturalization Services

By |August 4th, 2022|

What is the Immigration and Naturalization Services (INS)? The Immigration and Naturalization Services (INS) was founded on June 10, 1933, by President Franklin D. Roosevelt. The purpose of creating the Immigration and Naturalization Services

Full-time Employment

By |July 7th, 2022|

How does Full-time Employment relate to the EB5 Visa? To fulfill the conditions of the EB-5 program, the petitioner must employ 10 U.S. workers. This should be full-time employment with 35 hours or more

Due Diligence Questionnaire

By |June 16th, 2022|

What is a Due Diligence Questionnaire (DDQ)? A due diligence questionnaire is a formal assessment made up of questions designed to outline the way a business complies with industry standards, implements cybersecurity initiatives, and

Corporation

By |May 29th, 2022|

What is a corporation? A corporation is an entity, commonly a group of people or a business, that has been approved by the state to act as a single legal entity. It has the

Consular Processing/DS-230

By |May 26th, 2022|

What is Consular Processing? The term consular processing is the procedure for applying for a visa to the United States from a country other than the United States. The green card application process varies