To qualify for EB5, the investment must be at risk. No, you cannot qualify for EB5 just by buying a house.
J Charles Ferrari Eng & Nishimura 213.622.2255 The statement above is general in nature and does not constitute legal advice, as not all the facts are known. You should retain an attorney to review all the facts specific to your case in order to receive advise specific to your case. The statement above does not create an attorney/client relationship. Answers on Avvo can only be general ones, as specific answers would require knowledge of all the facts. As such, they may or may not apply to the question.Ask a similar question
Have you ever heard of "capitalism"? Is there anything "guaranteed" under that? Am sure that even in (red) China there are no guarantees or assurances as to the success (or failure) of a privately owned/managed business entreprise. Same principle applies to the EB-5 investment: invest at your own risk! No guarantees whatsoever that the business you invested in will still be up and running 4-5 years from now..
As to the "$500K house purchase" story, it was merely a "trial baloon" floated. Never went into effect, nor do I think it ever will.
Behar Intl. Counsel 619.234.5962 Kindly be advised that the answer above is only general in nature cannot be construed as legal advice, given that not enough facts are known. It is your responsibility to retain a lawyer to analyze the facts specific to your particular situation in order to give you specific advice. Specific answers will require cognizance of all pertinent facts about your case. Any answers offered on Avvo are of a general nature only, and are not meant to create an attorney-client relationship.Ask a similar question
When you apply for EB5, the condition is basically that you are prepared to lose the money. I can imagine, that through some financial institutions you can try to safeguard your investment. The house story: I 've heard it recently couple times. NO, YOU CANNOT get a visa or a green card by buying a house. There is no basis for it in law, yet.
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Your money is at risk as in any investment in EB5 deals. Nonetheless, there is a very slim (if not virtually non-existent) market out there that might be willing to engage in some form of swap on the income flowing from your investment. But such a swap would be VERY expensive to the point where you would essentially be hedging your position with your own funds. But there are firms out there willing to swap or hedge just about anything for the right price.
The foregoing is not legal advice nor is it in any manner whatsoever meant to create or impute an attorney/client relationship.Ask a similar question