Can we use a portion of Simplified Employee Pension Plan (SEP) IRA funds for EB-5 for a direct investment project?
Answers
![Bernard P Wolfsdorf](/resources/images/profiles/60be21f3ebf28ff7b8a692a752d92cf8.jpg)
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyIf it’s from lawful employment, it should be useable.
![Julia Roussinova](/resources/images/profiles/b8c78ee23d4f42c6c58cede44fedb0cd.jpg)
Julia Roussinova
Find an EB-5 Visa Lawyer: Immigration AttorneyYou may do so if you can document the legal source of funds, you are using as direct EB-5 investment. Sources of funds may be combined for EB-5 case. Consult a tax advisor regarding tax implications/penalties.
![Ying Lu](/resources/images/profiles/f99499791ad90c9c0ba9852622d0d15f.jpg)
Ying Lu
Find an EB-5 Visa Lawyer: Immigration AttorneyAs long as you can prove the source of the IRA funds, it can be used as the capital of your EB-5 investment.
![Lynne Feldman](/resources/images/profiles/15fa1fad1fc582dd65403f6f950b1e21.jpg)
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyYes, if it can be shown to be your money.
![Linda Liang](/resources/images/profiles/20d534ef3fe79831c525d1a218cc2818.jpg)
Linda Liang
Find an EB-5 Visa Lawyer: Immigration AttorneyFor EB-5 purposes, they need to make sure the fund comes from the applicant. It does not matter where it comes from.
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.