How does tax on EB-5 investments work prior to the investor getting a conditional green card? - EB5Investors.com
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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?

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Answers

Salvatore Picataggio

Salvatore Picataggio

Immigration attorneys
Answered on

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

Lynne Feldman

Lynne Feldman

Immigration attorneys
Answered on

Best to check with an accountant or tax attorney.

Bernard P Wolfsdorf

Bernard P Wolfsdorf

Immigration attorneys
Answered on

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

Dale Schwartz

Immigration attorneys
Answered on

Ask an accountant, but probably not.

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