I am a physician in Canada and I would like to consider warmer weather in California.
I would like to get my lifetime savings to work for me, hence I am considering applying for the EB-5 Visa. I do not mind getting a little return for my money but I would like to know what the chances are of losing everything? If the EB-5 project fails, what options do I have?
Answers
Bernard P Wolfsdorf
Immigration AttorneysThe answer depends on the due diligence you do and whether you working with top professionals. The statistics for the good projects are good, both with USCIS approval and in terms of return of capital. Do due diligence and then do due diligence on your due-diligence people.
Fredrick W Voigtmann
Immigration AttorneysAn EB-5 investment is like any other financial decision you make. There is a certain amount of risk involved. The key is to do the best due diligence you can and then understand and be able to accept the risk that if the EB-5 project fails, you likely will lose your investment.
A Olusanjo Omoniyi
Immigration AttorneysGenerally speaking, EB-5 investment is an "investment at risk," which means the entire investment can be lost if the EB-5 project fails. Also, no guarantee can be given to any investor regarding the investment. Advisably, you should consult both an EB-5 attorney and investment advisor prior to your investment.
Daniel A Zeft
Immigration AttorneysIn my view, if you invest in an EB-5 project associated with a regional center that has a strong track record of their EB-5 investors obtaining U.S. permanent residency status, then you have minimized the risk and the risk is worth taking.
Charles Foster
Immigration AttorneysOne''s chances of losing an EB-5 investment are in direct proportion to the soundness of the initial investment decision. Like any investment, if you make a sound investment there is every reason to believe that within an approximately five-year period, you will be able to recoup your investment by investing in a regional center project that is reputable with a sound history and prior approvals. Fortunately, you have available to you a number of viable EB-5 projects in which you can decide to invest.
Jinhee Wilde
Immigration AttorneysThere is a chance for losing everything and there can be no guarantee, as EB-5 investment must be "at risk." There have been many projects that used this requirement to intentionally defraud the investors or have negligently/incompetently operated their business to lose it all. Thus, choosing a regional center with great track records in multiple projects up to return of investment back to the investors must be carefully considered.
Belma Demirovic Chinchoy
Immigration AttorneysYour recourse options will depend on the project in which you invest. Choose your project wisely and make sure you have an independent attorney representing you.
Mark AM Catam, Esq
Immigration AttorneysThis is the reason why conducting due diligence on the project you chose is extremely critical. You must be aware of the inherent risks associated with the project, including the possibility that the capital may not be returned.
Barbara Suri
Immigration AttorneysThe odds are like that of any other business. The business may be successful or it may not. If it fails, you could lose some, or all, of your investment.
Vaughan de Kirby
Immigration AttorneysThere is no reason that you should lose your investment capital. With that said, it is important that you understand that your funds are at risk as they would be with any investment. I recommend you work with an SEC-registered broker dealer that can provide you with expert due diligence.
BoBi Ahn
Immigration AttorneysBecause for EB-5 immigrant investor processing, USCIS requires that the funds must be invested "at-risk." The investment can''t be risk-free or guaranteed. However, you should do thorough due diligence regarding the project/business soundness (i.e., risks are minimal of loss of your initial capital, solid track record of I-526 petition history, management of project development are spotless, acceptable exit strategy, etc.) before choosing the project/business to invest in.
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