Key takeaways
- The benefits of working with an outsources fund administrator: Outsourcing fund administration provides a scalable solution, which accommodates changes in fund size and complexity, allowing fund managers to focus on core investment activities while leaving administrative tasks to professionals.
- Why utilizing a licensed CPA is vitally important: A licensed, active, CPA (which is now required under the RIA) can provide multiple benefits by acting as an administrator. CPAs are highly trained professionals with a deep understanding of accounting principles, tax laws and financial regulations.
- Full life cycle involvement: Fund administration is typically carried out from the launch of the fund until the formal windup/liquidation of the fund – the entire EB-5 life cycle.
- Document management: Fund administrators are required to maintain accurate records of investors’ capital contributions, immigration documentation and compliance-related materials.
Baker Tilly’s experienced fund managers have years of experience managing many unique EB-5 projects. We provide oversight to ensure that your EB-5 projects are meeting their reporting obligations to investors and USCIS and that there is a high degree of transparency with every transaction.
Connect with our team to learn more about our EB-5 fund administration services.
