Many regional center offer the option to get loans from an entity separate from RC. Are these loans valid options, and are there any challenges in getting USCIS approvals using such loans?
Answers
Bernard P Wolfsdorf
EB-5 Immigration attorneysBe very careful with loans, especially RC based-need to be good faith loans.
Lynne Feldman
EB-5 Immigration attorneysAs loan as the funds can be shown to be from a lawful source and are not secured by the project itself then definitely approvable.
Tony W. Wong
EB-5 Immigration attorneysGetting a loan from a third party (not a bank) is an option for EB-5, but the main challenge is whether the loan provider can provide sufficient documentation for its lawful source of funds used to loan to the investor. Investor must make sure the loan provider can fully cooperate to provide sufficient documentation.
DISCLAIMER: the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal, immigration, and financial experts prior to participating in the EB-5 program. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public: do not include confidential information in your question.