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.
The application process for citizenship can take up to 35 months if the application is complicated somehow. However, more routine applications can take up to 25 months. These processing times are not set times and many times the process takes less time.