EB-5 HOLDING ESCROW
The Immigrant Investor Program, also known as “EB-5,” was created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. This program enables foreign investors to obtain permanent residency status in the U.S. for themselves and their families by making a qualifying investment in a project that creates jobs in the local economy.
Many EB-5 investment projects utilize the services of an escrow holder to coordinate the foreign investment transaction and to provide an added measure of security and peace of mind for their investor clients. In a typical transaction, the Regional Center or affiliated project will establish an escrow account for each investor-applicant. The investor transfers the investment funds into the escrow account, and upon notice from USCIS, the investment funds are disbursed to the Regional Center or affiliated project in accordance with the escrow instructions.
For an EB-5 holding escrow, Central Escrow Group, Inc. works closely with both Regional Centers and representatives of the foreign investors to create an escrow agreement tailored to the specific requirements of both parties. There are many options for EB-5 escrows that can accommodate a variety of EB-5 project models.
Please contact one of our EB-5 escrow professionals to learn how Central Escrow Group, Inc. can assist you with your investment project needs.