Foreign Corrupt Practices Act (FCPA)and its role in EB-5

EB-5 News

Date

May 28, 2015

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Compliance w/ Foreign Account Tax Compliance Act (FATCA) and Foreign Corrupt Practices Act (FCPA)

Certain countries are regarded as having a higher degree of endemic business corruption (and thus potential 3rd-party risk) than others. The respected Transparency International Index of Perceived Corruption lists its highest risk countries (of significant transaction volume) as:

  • Russia
  • China
  • Pakistan
  • India
  • Vietnam
  • Brazil

Investment in or from those countries compel a heightened level of diligence, and will attract greater regulatory scrutiny.

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