How can EB-5 investors use their shares in an EB-5 project for loans? - EB5Investors.com

How can EB-5 investors use their shares in an EB-5 project for loans?

Are EB-5 investors allowed to mortgage their EB-5 shares in a project for loans and use that capital for other non-EB-5 purposes? If their regional centers approve it and the financial institutes agree to grant a loan, does this conflict with any USCIS rules?

Answers

BoBi Ahn

BoBi Ahn

Immigration Attorneys
Answered on

There are no USCIS regulations specifically barring this to the best of my knowledge.

Ed Beshara

Ed Beshara

Immigration Attorneys
Answered on

First, retain the services of an experienced EB-5 immigration attorney. Your personal investment in an EB-5 project has to remain fully sustained and invested 100% at risk at a minimum during the period of conditional permanent residency.

Bernard P Wolfsdorf

Bernard P Wolfsdorf

Immigration Attorneys
Answered on

There should not be a problem if this asset is used to secure other loans.

A Olusanjo Omoniyi

A Olusanjo Omoniyi

Immigration Attorneys
Answered on

It is not allowed in the EB-5 circumstance. Generally, neither the regional center nor the bank will not even agree to such a proposal.

Phuong Le

Phuong Le

Immigration Attorneys
Answered on

It is completely ok as long as you find a lender who is willing to accept your shares as collateral.

Salvatore Picataggio

Salvatore Picataggio

Immigration Attorneys
Answered on

Technically, USCIS seems to say nothing about it, but I would be wary of it being considered a redemption scheme. You do not want to do that.

Lynne Feldman

Lynne Feldman

Immigration Attorneys
Answered on

This is not permitted to the best of my knowledge.

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