by pnxblaw

The proceeds of an unsecured loan are “cash” for EB-5 purposes, but that doesn’t necessarily mean that the investor’s capital was lawfully obtained or placed at risk

Foreign nationals may obtain a green card if they invest the required amount of capital in a new commercial enterprise that will create ten full-time permanent jobs for U.S. citizens or permanent residents (INA § 203(b)(5); 8 USC § 1153(b)(5)). To “invest” means to “contribute capital” (in exchange for equity rather than a promise for… Read More