My family has always owned a retail chain store in my country, Argentina. I am a fourth-generation owner, and I have decided to sell my share of the inheritance to my cousins beforehand so that I can emigrate to the US. I want to know what documents I need to provide from this sale for this money to qualify as EB-5 capital for my investment.
Answers
Bernard P Wolfsdorf
EB-5 Immigration attorneysNeed company financials and to understand how the company was started and how they earned money, and need to show sale of shares and value of shares and you need to trace all the funds until invested in RC project.
Lynne Feldman
EB-5 Immigration attorneysThe general explanation is you need to show a complete paper trail of the source of funds including tax returns from the business, any valuation done on the business, purchase price of the business, sale documents to you, bank documents showing the trail of funds from the company to you and ultimately into the EB-5 investment. USCIS needs to be assured your investment is legal funds and not laundered money or drug money laundered through a business.
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