What should I look for in a forensic accountant for an EB-5 application? - EB5Investors.com

What should I look for in a forensic accountant for an EB-5 application?

We are a developer looking at the EB-5 program for the first time. Our main concern is maintaining financial transparency and compliance with EB-5 program requirements. Is the forensic accountant the professional we should hire for this? Or should our immigration counsel also provide this service?

Answers

Lynne Feldman

Lynne Feldman

EB-5 Immigration attorneys
Answered on

Immigration counsel can handle everything related to the immigration process. If you are trying to evaluate the investment itself, there are several players in this space for EB-5 cases.

Debbie Klis

Debbie Klis

Securities Attorneys
Answered on

Your suggestions are good, but another suggestion is to include in any loan agreement from the New Commercial Enterprise (if the investment into your project is debt) or in the LP or LLC agreement (if the investment into your project is equity) to include some clauses pertaining to maintaining financial transparency such as right to periodic updates, right to examine books, be copied on all compliance with EB-5 program requirements, etc.

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