+1-800-997-1228
Questions & Answers

How long until EB-5 funding is available for a regional center project?

We plan on starting the EB-5 project documentation by the end of this year. How long will the process take for EB-5 funding to be fully available for our project?

Answers

  • Avatar

    Fredrick W Voigtmann

    Immigration Attorney
    Answered on

    There are many factors that will determine the timeline for your funding. Marketability of your project in China and elsewhere is the major factor. Another factor will be the size of your project. A larger project will take longer to fund; it really depends upon the project and who is marketing it.

  • Avatar

    Kyle Barella

    Immigration Attorney
    Answered on

    Your question depends on the specific EB-5 project you are investing in. The project documents govern the specifics your investment.

  • Avatar

    A Olusanjo Omoniyi

    Immigration Attorney
    Answered on

    In most cases the answers depend on two things: the terms of the agreement between the investors and regional center, and the filings of the I-526s relating to the project and their consequential approvals. For instance, if the I-526s and the accompanying documents are filed and approved, any money in the escrow will be released for use on the project within a reasonable amount of time. In essence, the release of money for the projects will be affected by any number of factors relating to the I-526s approvals. Advisably, work with your EB-5 attorney to ensure the terms of agreement are followed and facilitate the release of funds on time for the project(s).

  • Avatar

    Charles Foster

    Immigration Attorney
    Answered on

    The question of how long it will take to get EB-5 funding is the most fundamental question. It depends upon your ability to raise money from potential EB-5 investors abroad and the ability of you and/or your regional center to market your project abroad. There are many EB-5 projects that never fully raise all of their funds in the marketplace since you have to compete with many other viable EB-5 projects that may be better known or have more attractive features.

  • Avatar

    Lynne Feldman

    Immigration Attorney
    Answered on

    Right now the program ends December 8 unless Congress extends it.

  • Avatar

    Irina Rostova

    Immigration Attorney
    Answered on

    That will depend on how you structure your documents and how fast the raise will take. It is possible to make EB-5 funds available for use immediately upon a deposit from an investor; however, it has to state so in the offering docs. The most important question is how fast can the money be raised? Experienced centers can raise the funds in a few months, and most new centers will need 1-3 years to complete a raise on their first project.

  • Avatar

    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    This depends upon the terms of the escrow and the holdback provisions. If you wait until the I-526 is approved, that could be about 18 months or longer. If there is no requirement to have an approved I-526, and merely a portion of the funds are held back to cover refunds, then it can be used much sooner.

Add your comment

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment.