mayankjain13 Posted January 11, 2013 Report Share Posted January 11, 2013 Hello, I have a question, currently I am working on H1b in USA and my cousin has recently invested around $30 Million in business in USA. He says he can spend $1 M on behalf of me to file GC in EB5 category. Can you let me know if its advisable and will it be a problem since his money is getting spend on behalf of me and how complicated will this be Thanks, MJ Link to comment Share on other sites
JoeF Posted January 13, 2013 Report Share Posted January 13, 2013 It has to be your money, or if it is a loan, it would have to be secured with your assets. Link to comment Share on other sites
Attorney_23 Posted January 14, 2013 Report Share Posted January 14, 2013 Yes. Or, if your cousin is especially generous, he can even give you the money as a gift which you could then use to invest. (Just make sure you follow all the tax laws, etc, related to receiving of gifts.) Link to comment Share on other sites
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