Oliver Huiyue Qiu
Immigration AttorneyAn escrow agreement is a private agreement signed between the regional center, the investor and a third-party escrow agent. The terms may be negotiable. Once signed, it is binding on all parties. The EB-5 investor''s interest is protected. For the regional center to trigger the escrow to release the funds, the regional center has to present evidence that the condition has been made. Upon such time, the escrow agent, usually a bank, shall release the funds and properly notifies the EB-5 investor. The chance of a regional center secretly siphoning funds off from the escrow account without the investor''s knowledge is pretty slim.
Add your comment
Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment.