Bernard P Wolfsdorf
Immigration Attorney
Answered on
If you use a loan, it is still best to do so only if the loan is secured by assets in excess of the amount borrowed.
Can I apply for an EB-5 visa using an SBA loan or any other loan? If yes, how can we proceed?
If you use a loan, it is still best to do so only if the loan is secured by assets in excess of the amount borrowed.
Recent rulings have allowed loans to be used for EB-5 investments.
Yes, analysis is different depending on whether you are using a secured or unsecured loan, but both are acceptable.
A loan could be used. SBA loans, however, would likely contain limitations on the use of said funds for purposes of EB-5-like investments.
As long as the loan is not secured by the EB-5 project, that should work.