Navigating the EB-5 Investor’s Visa Program, Leveraging Tax Credits and Avoiding Tax Traps

• DATE: Tuesday, April 26, 2016

• Live 90-minute webinar with interactive Q&A.

• CLE/CPE Credit

• TIME: 1:00pm-2:30pm EDT, 10:00am-11:30am PDT

The United States is increasingly becoming a tax haven for high net worth foreign individuals, even as we see U.S. corporations invert to lower-tax destinations.

The U.S. resistance to additional banking disclosure rules is reinforcing America’s image as the ultimate destination point for many wealthy immigrants. This creates an opportunity for tax counsel and advisers to provide critical income and transfer tax planning to minimize the U.S. tax impact of preexisting foreign assets, and to help design an immigration strategy through investment in the U.S.

Because the U.S. imposes tax on its residents’ worldwide income, a key consideration in preserving the financial wealth of would-be immigrants to the U.S. is whether to accelerate income and gains, and defer deductions/losses prior to establishing U.S. residency.

In most cases, this is a desirable strategy, particularly if the U.S. statutory tax rate is higher than the immigrant’s current tax home, but tax counsel must be aware of the impact of this plan on after-tax holdings.

Another important aspect of pre-immigration planning is assisting clients in establishing U.S. residency and gaining immigration priority through applying for an EB-5 Investor Visa.

This requires making a substantial investment in a U.S. trade or business in which the immigrant would take an active role. Tax advisers need to thoroughly understand the requirements of this program to assist clients in the application process.

Larry J. Behar, Esq., Managing Partner at Behar Law Group and Richard S. Lehman, Atty at United States Taxation and Immigration Law, will provide tax counsel and advisers with a comprehensive guide to the tax and investment planning challenges and opportunities for high net worth foreign clients seeking to immigrate to the U.S. The panel will discuss strategies for minimizing the U.S. tax impact of foreign-source ordinary and capital income prior to establishing tax residency in the U.S., and will also detail the EB-5 program for nonresidents seeking to establish permanent residency through investment in the U.S. economy and the tax issues that can arise from participating in a regional center.

The panel will review these and other important issues:

1. What are the key considerations in wealth preservation prior to a foreign individual becoming a U.S. resident for tax purposes?
2. How to avoid anti-deferral rules in pre-immigration transactions
3. How to navigate the EB-5 program through a regional center
4. How does the “eight-year” rule operate for covered expatriates?

For more information or to register click here. or call 1-800-926-7926 ext. 10 (ask for Pre-Immigration Planning for High Net Worth Individuals on 4/26/16 )