What happens to my EB-5 investment if it's further redeployed? - EB5Investors.com

What happens to my EB-5 investment if it’s further redeployed?

My EB-5 initial project(JCE has successfully met all requirements, including creating enough jobs, but the project is about to repay early, thus I am facing the “Further Deployment” due to my backlog. If the second project fails or cannot create enough jobs, except for the capital loss, will it affect my I-829 petition? Will my priority date change when I redeploy my money into the second project? Can I submit the I-485 based on the priority date of the initial project? Will I be asked to resubmit the I-526 based on the second project?

Answers

Lynne Feldman

Lynne Feldman

EB-5 Immigration attorneys
Answered on

I suggest a consult to give you a proper answer, as the timing of your investment and the EB-5 rules at that time make a difference.

Belma Demirovic Chinchoy

Belma Demirovic Chinchoy

EB-5 Immigration attorneys
Answered on

You only have one​ EB-5 project…. Redeployment is not your EB-5 project, it is simply redeployment.

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.