Bernard P Wolfsdorf
Immigration Attorney
Answered on
You need to reach out directly to the regional center and to the project and you need to ready your subscription agreement for the answer.
When should I expect to get my EB-5 funds back?
I am an EB-5 petitioner that invested in a project in Manhattan. It has already been over 5 years since I invested, but I never heard anything about the return of my funds. While doing my taxes, I got confused by the K-1 from last year. Where can I get relevant information about this? When will I get my investment back?
Answers
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Dennis Tristani
Immigration AttorneyAnswered onEach project has a different repayment timeline. You should reach out to the investor service team at the regional center where you invested.
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Lynne Feldman
Immigration AttorneyAnswered onThe Regional Center you invested in should tell you this. Read the project documents you signed and if not clear, retain counsel to help explain and intervene with the Regional Center for answers.
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Belma Demirovic Chinchoy
Immigration AttorneyAnswered onRead the investment documents you signed. Call the regional center and your filing attorney for clarification.
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Stephen Berman
Immigration AttorneyAnswered onDo you have your green card yet? And removal of condition? You can take your money back in that case anytime you choose.
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Phuong Le
Immigration AttorneyAnswered onContact the Regional Center or the NCE/issuer. They would know.
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Robert V Cornish Jr
Securities AttorneyAnswered onYou should have a provision in your Operating Agreement for where notices are to be sent. There also may be disclosure of an auditor. You should write to both of them for your K-1 after the Regional Center is contacted. 5 years is a while. You should definitely contact skilled securities counsel in the US to evaluate what can be done, if anything.
