Could a loan be considered a lawful source of funds for the EB-5 immigrant investor program? I am from India and am considering coming up with the required amounts. Are some loan types allowed whereas others are not?
Answers
Kate Kalmykov
Find an EB-5 Visa Lawyer: Immigration AttorneyLoans may be used to fund EB-5 investments. In cases of a loan, the petitioner must demonstrate the lawful source of the lender''s funds. USCIS also requests that the investor demonstate the lawful source of collateral used by the investor to secure the loan. To this end, it is helpful to include a copy of the loan agreement, as well as a narrative statement from the applicant in the I-526 filing to explain the transaction to the USCIS.
Reza Rahbaran
Find an EB-5 Visa Lawyer: Immigration AttorneyYes. Loans are allowed as long as they are secured against your personal assets. For example, you may take out a loan against your house for your EB-5 investment.
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