In a more hopeful remaining days of 2020, D.C. Circuit Court three-judge panel permitted that EB-5 investors can use unsecured loans for their investment capital. This is a momentous decision on US Immigration which will streamline the process and create maximum opportunity for the foreign investors. For many years, USCIS has been rejecting the EB-5 applications of those who demonstrate their source of funds along with the debt involved. And, the new decision will help the investors to have financial independence to borrow loans for their investment amount.
What are the highlights of the new decision?
- As the appellant, USCIS debated that allowing the unsecured loans as investment capital, would give opportunities to the third parties for buying Green Cards.
- However, the judging panel clearly rejected the appeal and its subsequent arguments that there is no need to have a secured loan.
- The court further stated that the proposed project will be able to use the investment capital, even if the investor become defaulters on their loan.
- By supporting the investors, one of the Judge stated that “As far as the enterprise is concerned, whether or how the investor’s loan was secured makes no difference”
- This historic decision will welcome many potential EB-5 investors from all around the world considering the simplified investment process.
Can I take loan for my EB-5 Investment?
As per the new decision, US EB-5 program will now permit the unsecured and secured loans towards the investment requirement. Earlier, USCIS would only allow the financing the investment through investor’s asset value. But, now you may take loan for your EB5 investment. If you secure a loan by personal assets, you need submit promissory note that enlists the personal security that secures the loan.
Why choose US EB-5 Visa Investment Opportunities?
The advantages of investing in the EB-5 program are many. For example, EB-5 investors will get the following benefits:
- By making an investment in a project, you are no responsible for daily management or operations
- You can acquire your investment capital from any lawful source
- Entire family is entitled to US Green Card with provision to sponsor your relatives as well.
- Family is free to live, work, and retire anywhere in the country
- Your kids are entitled for resident tuition discounts for colleges and universities
- You may travel outside the U.S. and return without a visa
- After 5 years of residence, you are eligible for full US citizenship.
Maximize your chances for US Immigration with EB-5 visa. For more information on the program and process, you can connect with us on 8595338595 or [email protected]