3 Myths about EB-5 Investments You Shouldn’t Believe
The EB-5 visa process can easily become confusing for someone trying to get permanent residence in the United States through this investment program. Some investors may not be sure about the options or obligations facing them, needing legal help to avoid major headaches. These investors need to be careful about not falling for certain myths or misconceptions regarding the EB-5 program.
If you are filing for permanent residency through the EB-5 program, we may be able to help you. For more information regarding your options, contact a knowledgeable EB-5 attoreny of White & Associates today at 818-730-3540.
Common Misconceptions
Three common misconceptions regarding the EB-5 program, and the truths behind them, include:
- Myth #1: Investors must pay in cash for their investment.
- In truth, his program allows an investor to pay for their investment through several different types of assets. The investor won’t have to pay entirely in cash or through one particular type of asset.
- Myth #2: Investors must pay their full investment at the time of filing.
- Actually, while investors need to prove that they have the assets available to pay for this investment, they don’t need to actually pay off the full investment amount exactly when they file. The investment may be paid out eventually over time.
- Myth #3: Once the investment is provided, the government will insure it.
- In fact, there are no so-called safety nets for EB-5 investments. If an investment fails to fulfill the requirements of the EB-5 program, the investor loses that money.
Contact Us
If you’re thinking about filing for residency through the EB-5 program, our legal advisors may be able to assist you with your concerns and questions. To learn more, contact a dedicated EB-5 immigration lawyer of White & Associates today by calling 818-730-3540.
