Lynne Feldman
Immigration AttorneyYou need to have a business attorney or litigator in that state review the project documents you signed to advise you on your rights.
The developer has decided to exercise both one-year extensions, which means the new loan maturity date is January 2026. After 5 years of waiting, I have learned that I have to wait another 2 years before I can get my EB-5 money back. Is it possible for me to ask for my money back, even if it takes 2 more years to get it back? What can I do?
You need to have a business attorney or litigator in that state review the project documents you signed to advise you on your rights.
You will need a securities attorney to review your offering documents for withdrawal provisions in your deal. With the assistance of an attorney, you may also be able to get the money out through other means.
This information should have been disclosed to you in the offering documents and contracts you signed with the Regional Center - if they were, there is not much recourse as the loan extensions were contemplated and a possibility as part of the overall EB-5 loan. You should contact your immigration attorney and investor relations representative at the Regional Center you invested with.