Marcum LLP’s Tax Services Group offers all forms of accounting and regulatory compliance services as well as specialization in a variety of areas including accounting services, bankruptcy & insolvency, business advisory, corporate taxation, family wealth services, financial statements, international taxation, state & local taxation, tax controversy, tax credits & incentives, tax-exempt business, tax return compliance and transaction advisory.

Source of Funds and Path of Funds

Seeking classification as an immigrant investor under the employment based fifth preference category, also known as EB-5, carries an evidentiary burden on the investor. An integral part of the submission for conditional residency is that the petition must demonstrate the source and the path of the funds used in the investment structure. This report is referred to as the Source of Funds Report or SOF Report.

The EB-5 regulations require the investor to prove that the invested capital was “obtained through lawful means.” The USCIS (US Citizenship and Immigration Services) requires a detailed report (1) showing how the investor obtained the funds used for the investment and (2) providing a clearly documented “path of funds” from the original source to the commercial enterprise’s bank account.

EB-5 Regional Center Services