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.
4. How long will it take to get my passport? This depends on how you apply. For applicants in Canada, if you apply in person at a Passport Canada office, you can expect your Passport in about 10 business days; if you apply by mail, it will take about 20 business days AFTER they have received your application.