Emporia Corporation is a lessee with a capital lease. The asset is recorded at $450,000 and has an economic life of 8 years. The lease term is 5 years. The asset is expected to have a market value of $150,000 at the end of 5 years, and a market value of $50,000 at the end of 8 years. The lease agreement provides for the transfer of title of the asset to the lessee at the end of the lease term.
How long does it take to become a U.S. citizen after filing my application for naturalization? Once your application for naturalization is filed, the approval time to become a US citizen varies by person and location. The short answer is that it can take anywhere from 5 to 8 months between application and interview. If you live in an area with heavy immigrant populations, it is not unusual to wait 2 years or more to become a US citizen. The USCIS (US Citizenship and Immigration Services or Immigration Services) claims to be working on reducing the processing time for naturalization to approximately 6 months.
If you are in the United States, you can apply for the Green Card with the USCIS. If not, you will have to apply for the same in the Embassy or Consulate in your country of residence. The same will take anywhere between 9 to 12 months. Overall, the investment-based Green Card will take around 15 to 18 months. The document that you will get at the end of this period will be a conditional Green Card. In order to remove these conditions, you will have to file the I-829 petition, but only after 2 years.