Can I still get an EB-5 visa if my home country limits the amount of money that can be transferred abroad? Are there ways around this?
Yes, you can. You should consult a local attorney in your home country to properly structure transfers. Often people use trusted friends or family members, or third parties to transfer funds. It is necessary to document the transfers from source to a target investment in the US with bank statements and affidavits. Please do not hesitate to contact us for guidance and assistance.
Yes. China has such limitation but most EB5 investors are Chinese. There are several ways to do this. You need to consult an EB5 immigration broker.
Many countries around the world have currency restrictions. I''m afraid that you will have to deal with those issues individually. The United States government will require an amount no less than $500,000 or $1 million to qualify for the EB5 program.
Yes, you can. But, you must follow the laws when you do so. This is done often from China.
Good Morning! I hope all is well. Depending of the country that you are from there are ways of transferring the amount of money needed for the EB-5. If you have any other questions, please do not hesitate to contact me. Thank you.
Yes it is possible to get around the money transfer limits. Most countries have money transfer limits. One possibility is to have another person transfer money on your behalf and you pay that person back in your country. However it is important to keep proper documentation of this transaction.
Transfer restrictions could be a problem as funds or the equivalent in assets/inventory must be transfer. Do you have funds in another country? How much can you transfer at a given time. The law does not require the entire investment to be done at one time.
The EB-5 requirements for the initial investment remain the same, regardless of any limitations imposed by your banking system in your home country. Every has its unique rules, and therefore legal and effective ways to send the money outside the country. I happen to be familiar with correct ways to send money abroad from China. Is this the country you are from? If so, we can be helpful to you. Please call my office to arrange a conference call or visit us in Los Angeles, CA.
Yes. You can consult with your immigration attorney to come up with a solution.
Yes, many countries have money restrictions. There are ways to get around this, such as a loan from a third party outside of the country. I suggest you contact an experienced EB5 attorney to assist you.
Usually, the limitation on the amount to be transferred is per person, per year. Thus, many EB-5 investors have utilized families and friends to wire the funds if their country has the currency restrictions.
Yes, you can.
That''s an issue of financial laws in your home country. Of course, if you cannot transfer the funds to the investment in the U.S., you won''t be able to make application for an investment visa. Some countries have specific Foreign Exchange Banks who are well-versed in international transfer protocol. If that is the case in your country, they would have the best information for you.
You should consult with local counsel regarding the optimal way to structure a transfer of funds outside of your home country in compliance with local laws.
Several countries have money transfer restrictions, however, there are ways around it in most cases. In order for you to participate in the EB5 program you will need to have the minimum amount.
Yes, there are ways around expatriation issues. You need to consult with appropriate counsel for guidance. My colleague Kate Kalmykov is very good at this.
If you are able to transfer the necessary funds, you will not have a problem. You need to find a way to the money out.
DISCLAIMER: the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal, immigration, and financial experts prior to participating in the EB-5 program. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public: do not include confidential information in your question.