Chennai - July 3, 2011
The Madras Chamber of Commerce and Industry organized a seminar on securing a US green card on Friday.
The seminar briefed on the procedures to secure a green card in the US via EB-5 programme of the US Congress established with a view to encourage foreign investment to create jobs. Co-founder of the Green Card Fund Gregory Wing and managing director Satish Kholay delivered the lectures.
"When considering foreign investment the project risks are analyzed using the concept of the 5 C's of credit analysis." said Gregory Wing. This involved analyzing the investor's [project's] character and competence management, conditions (industry, economic, local, and market demand), cash flows, capital (promoters) anc collateral issues (investment ratios and security). If these conditions are satisfactory, the investment is selected and processed. The investment process involves accredited investor questioning and reviewing project documents. Once the whole process is complete the investor obtains a green card, he said.
Wednesday, 06 July 2011 18:21
Green Card Fund Hosts EB-5 Seminar in Chennai, India
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Gregory Wing Speaking to Investors in Chennai, India
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