What is an “escrow” account, and when does the investor transfer the money to this account?
An Escrow Bank Account is a legal, interest-bearing account established in a bank to hold the initial deposit in trust until the completion of visa processing. This type of account is commonly used in the sales of real estate, businesses and personal property. The CMB Export, LLC Investment Visa Program has established an Escrow Bank Account for the purpose of safely holding an investor’s funds until such time as the I-526 petition has been approved by the USCIS. Escrow accounts have been established at several leading banks both in the United States and overseas. Under the agreements entered into with the servicing affiliate, the investor’s money is not authorized to be released from the Escrow Bank Account by the bank until the I-526 petition has been approved. This process was created to protect the investor. 29. What is meant by “net assets”? An investor’s net assets, or net worth, can be determined from a simple calculation: the combined value of all things owned, minus the combin
An Escrow Bank Account is a legal, interest-bearing account established in a bank to hold the initial deposit in trust until the completion of visa processing. This type of account is commonly used in the sales of real estate, businesses and personal property. The CMB Export, LLC Investment Visa Program has established an Escrow Bank Account for the purpose of safely holding an investor’s funds until such time as the I-526 petition has been approved by the USCIS. Escrow accounts have been established at several leading banks both in the United States and overseas. Under the agreements entered into with the servicing affiliate, the investor’s money is not authorized to be released from the Escrow Bank Account by the bank until the I-526 petition has been approved. This process was created to protect the investor. 29. What is meant by “net assets”? An investor’s net assets, or net worth, can be determined from a simple calculation: the combined value of all things owned, minus the combin
