Question:
How can I prove a lawful source of funds if I have no revenue? I read on this site that it will be necessary to prove the lawful origin of $1 million dollars and total revenue of at least $200,000 in the last two or three years for me to apply for the EB-5 visa. I’ve had a pharmacy in Brazil for 14 years and I'll sell it. After that, I have to prove the lawful origin of one million dollars or a little more, but I have no way to prove an income of $ 200,000 in the last two or three years because the pharmacy has been stopped and had no revenues for the last four years. Can I get a visa in these conditions? Would I still have to prove the $200,000 revenue even if I receive over $1 million from the sale?
Answers:
You ask very important questions regarding the EB-5 requirements for being an accredited investor as well as proving the lawful source of your EB-5 personal investment funds. It is important to retain the services of an experienced EB-5 attorney to clarify and answer your questions so that you can fully understand the EB-5 requirements, because it is quite apparent by your statements that you do not understand the process and the requirements. The EB-5 regional centers in most instances only require an investment of US $500,000.00 and not $1 million. Therefore you have to authenticate the lawful source of your EB-5 investment funds. If you cannot show a yearly income of $200,000 then the alternative is to show that you may have a net worth of $1 million if the requirement is that you need to be an accredited investor.
Those Securities and Exchange Commission regulations are used by many Regional Centers, but not all. Being able to support yourself in the U.S., pay U.S. Taxes, etc. will be an important requirement in moving forward with obtaining U.S. lawful permanent residency. We would review any relevant factors that could affect your U.S. Immigration goals and help you develop a strategy to move forward.