The project I invested in for my EB-5 application doesn”t seem to be able to recover after the pandemic. Is there any way I can redeploy the funds into a different project? Or can I get the remaining part of my funds refunded?
Answers
Salvatore Picataggio
Find an EB-5 Visa Lawyer: Immigration AttorneySome of that will be dictated by the project documents. Most modern projects (the last few years) have redeployment procedures in place, such as a new fund set up for the redeployed capital to be used in new projects within the same geographic area as the regional center (if you are in a RC project).
Jon Eric Garde
Find an EB-5 Visa Lawyer: Immigration AttorneyIf the security agreement does not specify that, do not invest. It should be a bona-fide subscription.
Robert V Cornish Jr
Securities AttorneysYou should consult with an experienced securities attorney to review your offering documentation to understand the precise withdrawal requirements and potential legal actions to recover your money.
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyYou need to read the subscription agreement that outlines the terms of your investment. It will explain the circumstances under which you can get your money back.
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