EB5 - Funding Resource Help ?

Washi

New Member
Hi guys,

Two questions:

1: I'm 27 years old, and my wife is 26 years old and we both want to apply for EB-5 , Does age matters?

2: i do have a online business and i earn very well. We do provide services and i earn about 400 - 500K USD a month, but the problem is there is no TAX information at all because in China the GOV does not force us. All money in cash and goes to my personal bank account! please advise!

We are looking for professionals who can help us in this case!
 
Hi guys,

Two questions:

1: I'm 27 years old, and my wife is 26 years old and we both want to apply for EB-5 , Does age matters?

2: i do have a online business and i earn very well. We do provide services and i earn about 400 - 500K USD a month, but the problem is there is no TAX information at all because in China the GOV does not force us. All money in cash and goes to my personal bank account! please advise!

We are looking for professionals who can help us in this case!

You need to be able to show the source of your funds is legitimate to use it for EB5. All cash for that amount, I think you might have a hard time doing so. If you’re not even paying tax I assume you don’t have proper financial statements for your business to show source of funds either? Quite frankly with that amount of cash, I’m not sure why you’re asking for help on a forum rather than engaging a specialist attorney for this. You will certainly need one.

(you’re obviously aware I presume that if you do manage to get an Eb5 green card you’ll be declaring and paying tax on that money to the IRS. And if it’s in your personal account with no official business account you’ll be paying at individual tax rates.But you need to get that far first.)
 
You need to be able to show the source of your funds is legitimate to use it for EB5. All cash for that amount, I think you might have a hard time doing so. If you’re not even paying tax I assume you don’t have proper financial statements for your business to show source of funds either? Quite frankly with that amount of cash, I’m not sure why you’re asking for help on a forum rather than engaging a specialist attorney for this. You will certainly need one.

(you’re obviously aware I presume that if you do manage to get an Eb5 green card you’ll be declaring and paying tax on that money to the IRS. And if it’s in your personal account with no official business account you’ll be paying at individual tax rates.But you need to get that far first.)
Found solution, thank you
 
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