I have received an RFE regarding my full EB-5 investment. The issue concerns the change in the source of funds. Initially, I committed that the remaining investment would come from two unsecured loans. However, I have three unsecured loans and another from my wife, all of which have legitimate documentation and proof of funds. Is there any problem with stating that the funds will come from four sources instead of the mentioned initially two? My attorney is saying it’s not advisable now. What would you suggest?
Answers
Bernard P Wolfsdorf
EB-5 Immigration attorneysVery good to stick with original plan if possible, as loans are not favored as a source of funds and we are seeing increasing restrictions.
Lynne Feldman
EB-5 Immigration attorneysI don’t see a problem with it provided the original sources were legitimate.
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