Home Equity Loan Companies

Tracking funding when using the friend and familiy approach: Using this method, an individual donor pays $50,000 to each of ten buddies who converts the cash into US dollar and then credits it to the investor's US bankroll. It is the responsibility of savers to track their mutual fund through each of the remittances they use to ease their investing.

Therefore, an Investor must monitor each and every transmission from the Investors to the Agents, each and every transmission from the Agents to the Investors and the transmission from the Investors to the New Trading Company. Unless a move is documented on the way, a small pink mark is attached, often leading to an RFE.

Third Provider Use in Hong Kong: In this way, an investor makes a transaction to a third party's bank accounts in continental China and the third party remits its own Hong Kong-based assets to the investor's U.S. bank accounts. Those who choose this option must prove each and every depositing and remittance as well as an oath of the third party provider to close the resulting shortfall in the money track.

Home-equity loans: Home-owner credits are generally accepted as a cash resource if an Investor can demonstrate that he owns the real estate used as security and can demonstrate that the Investors can make payment on the loan from a legal resource. Please be aware that China's residential real estate is documented by several certifications from various governments.

Even if one of the certifications is sufficient, a person in China must hold each of these certifications in order to prove the final possession of their home. A valuation report on the value of the property is also helpful in proving the legality of a loan deal. Loan from the investor hero company: An investor may also use a loan from its own related party or another company to fund an EB-5 investment.

In order to choose this form of finance, an Investor must record his shareholding, the Board's consent and the Investor's payment for the loan. Traditionally, China based companies often ignore the Board's consent due to disparities in China's internal standards of good business practice. In a similar way to a loan from a firm under the control of an investor, an investor must demonstrate that he had regulatory rights of free movement of assets to the fund.

In such a case, permit and/or constitutional documentation of the directors may be used as evidentiary material. Traditionally, China companies have structured remuneration as a low basic wage combined with high bonus levels to minimise taxation. Therefore, when a certificate of employability is obtained, the paper sometimes only states the real wage without mentioning the bonus.

The USCIS stipulates that if the remuneration is used as a money resource, USCIS will require shareholders to have adequate legal earnings to make the investments. Therefore, it is necessary for shareholders to demonstrate adequate remuneration to fulfil this condition. Traditionally, China often gives its mutual fund to foreign capital market participants as a present from their families. If this is the case, the shareholder must provide documentation of the donor's money sources, which include all the above points.

Donors should also make a sworn declaration in writing stating the reason for the donation, and whether or not the present should be mailed. Please be aware that the USCIS has recently started to require evidence of paying a donation or carryover levy. The inclusion of a declaration clarifying the pertinent China taxation legislation can help to prevent an RFE on this point.

If you are using a home equity loan or a corporate loan for EB-5 monies, you should visit it through the investor's own belongings, otherwise it will be handled as an unsecured loan (which will likely be handled as a present and then the present will have to be procured). Therefore, a loan from a firm should be backed by the investor's share or the share of non-distributed profit.

Home equity loan should contain not only a loan form but also a home loan form that lists the investor's individual ownership as security. Make sure you enter it in a file: