Can I raise money from a U.S. bank for EB-5? For example, if I want to buy a hotel for $2 million and I put $500,000 down. Would my initial investment be considered and qualify me for EB-5, or would I need to bring in another $300,000?
Answers
Dennis Tristani
Find an EB-5 Visa Lawyer: Immigration AttorneyThe minimum EB-5 investment threshold is $800,000 if the investment is in a Targeted Employment Area. The funds can come from the U.S. or abroad - the path and source of funds must be lawful in both cases.
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyThe key is not only making the investment of $800,000 if in a high unemployment or rural area, but you have to create 10 new jobs unless it is a troubled business. A $500,000 investment does not qualify.
Mitch Wexler
Find an EB-5 Visa Lawyer: Immigration AttorneyThe TEA investment amount is $800k.
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyThe lowest amount is now $800,000. As long as bank loan is secured by other assets and not the project, it is ok.
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.