EB-5 Investor Alert from USCIS and SEC

MARTINA DESSBESELL, A Brazilian Tennis Talent
May 27, 2015
Who Are You Sleeping With Tonight?
June 4, 2015

Although not so common, EB-5 frauds have occurred in the past.

In order to avoid frauds associated with the EB-5 program, foreign investors are advised to contact an experienced immigration lawyer who will guide them step-by-step through the administrative process and assist them in clarifying doubts related to the EB-5 program. The USCIS and the Securities and Exchange Commission have released a joint alert for foreign investors interested in the EB-5 program.

  • Check the USCIS.gov website for a list of designated Regional Centers. Request the Regional Center to provide you with copies of documents filed with the USCIS, such as a current year’s Form I-924
  • Request all details in a written form regarding the investment.
  • Evaluate all risks involved in the investment
  • Obtain an objective third-party verification regarding the proposed investment
  • Screen the investment for potential fraud signs
  • Obtain a clear idea of the manner in which associates involved in the investment will be compensated. Investors should be aware of additional payments they need to make in addition to the investment amount
  • Make sure that the interests and motifs of the Regional Center you have selected is the same as those of the investors themselves

 

For assistance, contact us at the Law Office of Kravitz & Guerra, T: +1-305-372-0222, [email protected].

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