The U.S. government maintains strict oversight over EB-5 investor visa funds to verify that they are being used properly. Investors must invest substantial capital in a new commercial enterprise using those funds which will create at least 10 full-time jobs for U.S. workers. If using a Regional Center, the Regional Center must regularly report to USCIS regarding how the funds will be used and track job creation. Similarly, USCIS will review business plans, conduct an audit if it feels necessary, and request additional evidence depending on the situation to ensure compliance with the EB-5 regulatory requirements. Additionally, funds may sometimes be held in Escrow until certain conditions are satisfied. If the investment fails to create 10 full-time jobs or the funds are misused, the investor’s petition for removal of conditions may be denied, which may result in the loss of the investor’s status as a lawful green card holder.
How can I ensure compliance during government audits or site visits?
You must comply with immigration and employment regulations to conduct any formal government audit or site visit. Ensure that all records, including completion by current employees