I own 100% of a company that is purchasing $2 million in goods from China for selling in the U.S. Chinese suppliers offer a 90-120-day payment term after shipment to the U.S., with no need for a down payment. The business will import and sell goods within the U.S. Can I use these goods (inventory) as capital for my EB-5 investment?
Answers
Bernard P Wolfsdorf
Immigration attorneysIt appears these goods belong to the company, not to you personally, so while goods may qualify as capital, they need to be individually owned not owned by a company.
Linda Liang
Immigration attorneysIf I understand correctly, your company will receive goods from another company, payable in 90-120 days. Technically speaking, the goods are debt. > If the sales is not "assignment", meaning you own the inventory but owe the supplier their payments, you can use the goods as investment. Regardless, you need an attorney to trace your investment to assure its qualification.
Lynne Feldman
Immigration attorneysThat should work if you can show the creation of ten new jobs.
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