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Question:

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What responsibilities or liabilities does the U.S. contractor take on by becoming involved with an EB-5 recipient?

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Answers:

November 21, 2013 15:39 Sal Picataggio

Depending on the infrastructure of the business, the “contractor” may have to may payments on the loan of funds to its enterprise (assuming a loan model is used). It is also responsible for actually carrying out the business activities that will create the jobs, and keep records for later filings (removal of conditions).

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November 20, 2013 10:03 Ed Beshara

The EB-5 PROJECT or job creating entity may hire a contractor to be involved in the construction of the EB-5 PROJECT which may involve the construction of a building. In an EB-5 PROJECT there is the normal contractual relationship between the contractor and the developer in regard to the quality controls and timelines for the construction of the building.

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