Questions and Answers > EB-5 Requirements

How does tax on EB-5 investments work prior to the investor getting a conditional green card?

I am non resident alien. My only US sourced income is from the EB-5 investment (USD 700 only). There is withholding tax deducted on it by the Regional Center. Hence I do not owe any tax to the US government. Do I still need to file the tax return?

Answers

• Salvatore Picataggio

  Immigration Attorney

  Answered on August 27, 2021

  You are also taxed on worldwide income. Please discuss these matters with a tax attorney or CPA.

• Lynne Feldman

  Immigration Attorney

  Answered on August 23, 2021

  Best to check with an accountant or tax attorney.

• Bernard P Wolfsdorf

  Immigration Attorney

  Answered on August 10, 2021

  There are exemptions from filing if your income is below a certain threshold. Note that if you have a green card, or have been physically present for at least 6 months, you may be subject to worldwide taxation based on US rules.

• Dale Schwartz

  Immigration Attorney

  Answered on August 9, 2021

  Ask an accountant, but probably not.