How can I apply for EB-5 direct investment by forming a company with a group of Americans? - EB5Investors.com

How can I apply for EB-5 direct investment by forming a company with a group of Americans?

I am thinking about applying for the EB-5 direct investment route. How can I form an LLC with two or three other U.S. investors and through their credit obtain a bank loan for the investment?

Answers

Bernard P Wolfsdorf

Bernard P Wolfsdorf

Immigration Attorneys
Answered on

No, you have to invest your own money; you can have partners but you need to prove your source of funds and how you earned or received this money.

Fredrick W Voigtmann

Fredrick W Voigtmann

Immigration Attorneys
Answered on

What you are suggesting is entirely possible since there are no restrictions on having non-EB-5 investor partners in your new commercial enterprise. You must document the lawful source of funds of all investment sources, however, not just your own investment. Forming an LLC and having other members is allowed; you should contact an experienced immigration attorney who can advise you on the specific steps.

Salvatore Picataggio

Salvatore Picataggio

Immigration Attorneys
Answered on

Everything you say here can work but I am more concerned with the loan; but the Zhang decision was upheld again last year so it may work, depending on the details.

Lynne Feldman

Lynne Feldman

Immigration Attorneys
Answered on

EB-5 requires your investment; your money from investments here or from outside the U.S. Loans secured by the investment itself will not work.

Phuong Le

Phuong Le

Immigration Attorneys
Answered on

This basically sounds like the majority of EB-5 projects. You are all funding the same project. They put up some money and you put up EB-5 funds. The wrinkle is how you want to structure it. Maybe, have the NCE have you as a shareholder with the EB-5 portion and the non-EB5 folks contribute capital from their own sources. Should be simple enough.

Belma Demirovic Chinchoy

Belma Demirovic Chinchoy

Immigration Attorneys
Answered on

Forming a company is easy. But the investment must be yours and not a loan secured by credit/collateral of other people. You can obtain a loan for your investment but the rules are strict and involve your assets/collateral.

Karen-Lee Pollak

Karen-Lee Pollak

Immigration Attorneys
Answered on

The co-investor would have to sign personal guarantees for the loan or pledge assets as security.

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