We are looking at using EB-5 for a rural development we have in Colorado. As we look at potential regional centers, is there a common source we can use to evaluate if a regional center has had any legal issues or concerns in the past? What are your suggestions for the most effective due diligence?
Answers
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyFirst, it is not only about the regional center - there are good regional centers that have problem projects. There are two types of due diligence. Immigration due diligence - for which you need an immigration lawyer with EB-5 experience; and financial due diligence, which requires a financial expert with expertise in the EB-5 arena. Many of the same due diligence concepts that apply to any investment apply to EB-5.
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyThere are companies authorized by the SEC to do business evaluations.
Robert V Cornish Jr
Securities AttorneysHire an attorney to work with you, or at least hire a private investigator to perform background and legal dispute reviews of the company and its principals. There are also broker-dealers out there who perform due diligence on select EB-5 projects. They may well have already checked your project out.
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