You are here[HOT] Has USCIS really changed its policy on the use of loan proceeds as a source of funds?

[HOT] Has USCIS really changed its policy on the use of loan proceeds as a source of funds?


By eb5attorney - Posted on 14 May 2015

http://www.eb5insights.com/2015/05/12/uscis-changes-policy-on-the-use-of...

I didn't even know the above article was a change by USCIS. We thought USCIS ALWAYS took the above position. A third party allowing the EB-5 petitioner to use his or her real property as a collateral sounds "fishy" to me. I mean, it's understandable why USCIS has or is taking this position.

It might be that some USCIS examiners might have mistakenly allowed a third party to "gift" their real property as a collateral for a loan to be used by the EB-5 petitioner, but it's at least understandable why USCIS is taking this position.