Questions & Answers

How can I raise EB-5 money for my project?

I am building condos that will be valued at around $3.5 million. The cost of development is approximately $2 million, and the project will employ more than 10 people full-time for 1.5 years. I would like to raise money for the development. How do I know whether my project is more suitable as a direct EB-5 project or a regional center project? Where can I find EB-5 investors?

Answers

• Salvatore Picataggio

  Immigration Attorney

  Answered on October 2, 2015

  Retaining an EB-5 attorney to help set up the legal and financial infrastructures of your project is essential. The EB-5 attorney will also lead a team of professionals for required documents for the project and future investor petitions to USCIS. As for finding investors, an EB-5 attorney can assist with how your project can be viewed in the market.

• Bernard P Wolfsdorf

  Immigration Attorney

  Answered on October 2, 2015

  It is difficult to get into the industry with a small project like this, as the set-up cost will be too high. So unless you have family or friends who wish to invest in your project, it will be very difficult.