Immigration Law

EB-5 Q&A: How can EB-5 funds be used to pay off a traditional lender

I have purchased an existing building with an SBA loan. The loan is currently not in default, but we have entered into an agreement to refinance the lender out of the deal. The total project will be $6.5 million of which we have $1.5 million already invested. We are planning to build an entertainment complex and would like to use EB-5 funds to take out the lender and complete the construction. Can we use EB-5 funds for this and if so how much?

EB-5 Q&A: How many days can I remain in the U.S. after filing an I-526 petition

I am from India and plan on filing an I-526 petition. I have learned that it will take nine months to approve. My plan is to apply I-526 by visiting the U.S. because my children are on F-1 visas and my wife is on a B-1 visa. I am a medical practitioner and need to be in home country as early as possible, so my question is how many days I have to stay in the U.S. after filing the I-526?

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