EB-5 Fund Administration: Safeguarding Your Investment and Streamlining Investor Experience
Investing $800,000 is a significant financial commitment, especially when it comes to securing an EB-5 investment visa. In light of this, investors are seeking reassurance and peace of mind regarding the handling of their funds. Recognizing the importance of transparency, the recently implemented RIA (Regulation on Investment Administration) now mandates that EB-5 Funds be administered by a trusted third-party fund administrator.
The primary objective of this requirement is to enhance the security and integrity of your hard-earned EB-5 investment. By entrusting the management of investment funds to a professional fund administrator, investors can rest assured that their money is being handled correctly by both banks and the New Commercial Enterprise (NCE). This alleviates the burden of fund management from the investor, allowing them to focus on other aspects of their investment journey.
The role of a fund administrator encompasses various responsibilities, including day-to-day financial management, paperwork filing, transaction approvals, and delivering comprehensive financial reports to investors. Therefore, this requirement not only aligns with the new EB-5 program regulations but also significantly simplifies the lives of investors.
By implementing the EB-5 Fund Administration requirement, the law firm aims to provide a new level of security and professionalism to investors. This development ensures that your investment is in capable hands, allowing you to navigate the EB-5 process with confidence and ease.
PLEASE NOTE:
This content of our website are for educational purposes only and do not constitute legal advice or formation of attorney-client relationship.
Please consult an immigration attorney, with experience in the EB-5 filed for any specific questions related to your case.
Legal advice must be obtained for specific questions from your immigration lawyer after formal engagement (i.e. signed contract with your lawyer).
