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[Q] Can Iranian nationals pursue EB-5 cases?


Yes, but it should be noted that certain banks in Iran are on the prohibited list of United States governmental agencies. You need to make sure the bank used to wire funds is not on this prohibited list. If the bank does appear on the prohibited list of banks, then you need to obtain a license clearance from a U.S. governmental agency. This definitely is an extra burden for Iranians that will make Iranian cases tougher to get approved.

We found out from an EB-5 seminar held at October 19, 2009, Iraqi banks are not on a prohibited banks list. Things can get political when it comes to certain countries that are "at odds" with the interests of the United States.

Helpful links for Iranian EB-5 cases:

http://www.bis.doc.gov/policiesandre...tions/Iran.pdf

http://www.ustreas.gov/offices/enfor...ran/iran.shtml

Another good resource: 31 C.F.R. Section 560 and Appendix A to part 560