EB-5 Facts: EB-5 Funds are Heavily Scrutinized to Prevent Money Laundering

Myth: EB-5 enables money laundering. Fact: EB-5 funds are heavily scrutinized to prevent money laundering. In addition to the detailed source of funds review performed by DHS, the US banking system is regulated to ensure that money laundering does not occur and to identify potential threats. U.S. banks accepting foreign funds must comply with Know-Your-Customer (KYC), [...]

2021-01-08T08:46:46-08:00March 17th, 2016|Categories: Blog, EB-5|Tags: , , , |

I-829 Success Depends on Tracking the Flow of EB-5 Funds

To ensure successful I-829 filing, EB-5 issuers should establish procedures to track the flow of an EB-5 investor’s funds throughout the entire EB-5 lifecycle – not just through the escrow account. When an investor begins the EB-5 process, their funds are typically wired into a subscription escrow account, where they are then held until release [...]

2020-10-01T15:37:14-07:00November 17th, 2015|Categories: Blog, EB-5|Tags: , , |
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