I did an EB-5 investment for my brother around 3 years ago. He got his green card and is on his conditional green card right now and will apply for the permanent green card in few months. Our question is when am I allowed to ask to start getting my investment back?
Answers
Raymond Lahoud
Immigration attorneysThe investment return depends on the terms of the project financing. Please review the offering memorandums.
Belma Demirovic Chinchoy
Immigration attorneysPer immigration rules, anytime after BP has been implemented, jobs created and I-829 filed. Your brother signed a contract with the regional center; he should check what it says regarding timing of capital return.
Lynne Feldman
Immigration attorneysTypically, the projects begin repayment, if any, after I-829 approval.
Linda Liang
Immigration attorneysFirstly, you should not be the investor in the first place. Secondly, this is the matter of the investment agreement with the project.
Bernard P Wolfsdorf
Immigration attorneysThe investment can be returned when the application to remove conditions is filed provided the jobs have been created.
Phuong Le
Immigration attorneysWait for your 2 year conditional permanent residency to be complete and file your I-829. Then start bugging them.
Fredrick W Voigtmann
Immigration attorneysThe factors affecting the return of EB-5 investment funds are determined by the required sustainment period, which is the two years of conditional residence for the EB-5 investor; the signed agreements between the EB-5 investor and regional center project; and the performance/progress/success of the project and its financial ability to return the funds.
Dale Schwartz
Immigration attorneysAfter the conditions are removed. Then it depends on the documents you signed with the developer.
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