I am planning to source $800k as part of my W2 income only. I have one year of 300k, but I have to wait one more year to get 300k W2 to qualify as an accredited EB-5 investor. So I am planning to use my parents’ properties to qualify as an accredited investor. Can I count the value of my parents’ properties that qualify for over $1 million in accredited investor EB-5 criteria?
Answers
Julia Roussinova
Find an EB-5 Visa Lawyer: Immigration AttorneyIf you do not qualify under the income test, you may be added to the title to show you as one of the owners. Alternatively, your parents may consider gifting the properties to you.
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyYou would need to add your name to the title to count these or have them gift or loan them to you legally.
Phuong Le
Find an EB-5 Visa Lawyer: Immigration AttorneyYou can't use property owned by someone else to qualify as an accredited investor under the $1 million net worth test. However, if you've earned $200K the last two years and have a reasonable expectation of earning $200K again this year, you may be able to qualify under the income test.
Belma Demirovic Chinchoy
Find an EB-5 Visa Lawyer: Immigration AttorneyInvestor’s personal assets need to establish accreditation.
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