How can my family members help me with my EB-5 investment? - EB5Investors.com

How can my family members help me with my EB-5 investment?

When accepting gifts for my EB-5 investment, can that include funds from family member who is living in the U.S.? My family member has money invested in U.S. stocks and they would sell the stocks and give me the money as a gift towards my EB-5 investment. Does it matter that the source of money is from the U.S. rather than from a foreign country?

Answers

Dale Schwartz

Dale Schwartz

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

There is no limit to how many people can give you gifts for an EB-5 investment. Each one of them will have to show they got the money legally.

Lynne Feldman

Lynne Feldman

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

[They can help] as long as it is a legal source of funds, from in or out of the U.S.; it just can''t be a loan secured by the investment you are investing in. Gifts or loans from family members are fine, but it should be memorialized in writing.

A Olusanjo Omoniyi

A Olusanjo Omoniyi

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

No, it does not matter whether the money that is being gifted is from either the U.S or a foreign country.

Bernard P Wolfsdorf

Bernard P Wolfsdorf

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

Your family can gift the money to you, but they will have to show where they got it from. It is fine if the income is sourced from the U.S.

Belma Demirovic Chinchoy

Belma Demirovic Chinchoy

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

The EB-5 invested capital can be from any country, including the U.S. The funds must be from a legal source and owned/controlled by the investor (i.e., once the funds are gifted to you, the EB5 investor, they will become legally yours). All of this must be carefully demonstrated through objective evidence.

Kevin Michael Tracy

Kevin Michael Tracy

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

They can gift the money to you. However, they will be required to show where the money came from.

Fredrick W Voigtmann

Fredrick W Voigtmann

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

The source of the funds can be from the United States as long as the source is lawful and can be documented as such. The USCIS will want to see a signed gift letter and the U.S. tax returns, and the bank statements of the donor. You also need to provide proof that any gift tax due was paid and/or reported on the donor''s U.S. tax return.

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.