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Questions and Answers > EB-5 Investments

How can I make an EB-5 investment on behalf of my sibling?

How can I invest my money for my siblings EB-5 visa? Are there any restrictions? What is the process to go about this?

Answers

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    Lynne Feldman

    Immigration Attorney
    Answered on

    This is doable usually with a loan or gift to the son not secured by the project that is the basis of the EB-5 filing.

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    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    You can gift the money to him and he can invest it.

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    Ying Lu

    Immigration Attorney
    Answered on

    You can gift the funds to your sibling. However, you also need to trace the source of the funds that you gifted.

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    Salvatore Picataggio

    Immigration Attorney
    Answered on

    You can make a gift of the funds to your sibling, as an EB-5 investor needs to make a personal investment of funds.

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    Fredrick W Voigtmann

    Immigration Attorney
    Answered on

    You can legally gift your sibling the EB-5 capital for her or him to invest in the EB-5 new commercial enterprise. You must provide proof of how you lawfully obtained the capital to be invested, you must provide a gift letter, you must show that any applicable taxes were paid, and you must show the transfer of the gifted funds from you to your sibling or directly from you to the EB-5 project on your sibling''s behalf.

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    Michael A Harris, Esq

    Immigration Attorney
    Answered on

    You will have to gift the funds to your sibling so that they can invest. They must make an investment, not you. If your siblings are minors, then other considerations may be involved.

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    Stephen Berman

    Immigration Attorney
    Answered on

    Give him the money as a gift and he can invest it.

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    Belma Demirovic Chinchoy

    Immigration Attorney
    Answered on

    You can gift the funds to your sibling. An EB-5 investor must make his/her own investment and use funds they control and own in order to comply with EB-5 rules. An immigration attorney will guide you in making the gift and completing the process properly.

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    Dale Schwartz

    Immigration Attorney
    Answered on

    You should make a gift of the money to your sibling. Then your sibling can make the investment. You will have to show that you came by the money legally.