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What is EB-5 VISA? And What is your tax responsibility as a EB-5 VISA Holder?

What is EB-5 VISA? And What is your tax responsibility as a EB-5 VISA Holder?

Submitted by • May 16, 2016 www.modicpa.com

The EB-5 VISA is program created by the Congress in 1990, which grants an EB-5 VISA holder to conditionally becoming a permanent resident aliens of the United States of America. To obtain a EB-5 VISA, the foreign person must invest in the following categories:
– Create a new commercial enterprise
– Invest in a troubled business.
– Invest in a designated Regional center

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