Evergreen Q&AEB-5投资移民EB-5English edition in preparation

机构既参与项目又服务客户:如何正确理解关联关系

Short answer

关联并非天然风险或优势;真正重要的是身份、收费、选择权与责任边界是否充分披露。

Who this is for: High-net-worth families / Entrepreneurs · Applies to: Any location

TIHU U.S. Immigration Research Team · Published 2026-09-04 · Last updated 2026-09-04 · ~ 4 min read · Pending attorney review

Chinese edition

垂直整合可以提高交付,也会增加披露责任

一家机构如果同时参与客户服务、项目运营或项目分销,可能更了解项目现场并提高沟通效率;同一结构也可能产生推荐偏好和经济利益冲突。判断重点不是简单贴上“自营”或“第三方”标签,而是客户是否知道各方在交易中的真实位置。

客户应该知道钱流向哪里

投资款、行政费、律师费、服务费和可能的推广报酬,应区分收款主体与服务内容。若机构从项目方取得发行、推广或其他报酬,应按适用规则和文件进行披露。投资人还应知道,推荐排序是否会因为报酬不同而变化。

律师关系必须独立清楚

谁是客户的法律代理人、律师代表哪一方、哪些意见属于移民法律建议,都应由聘用协议确定。项目方律师、发行方律师或机构合作律师,并不当然代表每一位投资人。存在潜在冲突时,应进行必要披露并由客户决定是否取得独立意见。

选择权是检验透明度的关键

如果一家机构只允许客户接触自己的项目,客户很难判断推荐是否客观。TIHU可以展示并解释自身参与的项目优势,但同时提供符合筛选标准的第三方区域中心选择,以统一字段进行比较,不把关联项目包装成唯一答案。

透明比“绝无冲突”更可信

成熟客户并不假设市场参与者没有利益,而是要求利益可见、责任可追、信息可核验。TIHU的原则是:关联关系不隐藏、项目类型不混淆、费用来源不模糊、法律和投资判断不由销售话术替代。

Note for applicants based in China

Applicants based in China usually also need to handle three things: keeping Chinese- and English-language documents consistent, making sure funds and income can be explained with independent documentation, and managing the gap between priority-date timing and a child's age. Any packaging that doesn't match the underlying facts creates greater risk at the RFE or interview stage.

TIHU's role and relationship disclosure

Projects, employers, attorneys or law firms, and China-based service companies may be independent legal entities. Where a resource has an affiliated or compensated relationship with TIHU, we disclose it in writing before any engagement.

Legal judgment and legal documents are the responsibility of a licensed attorney acting within an actual engagement. TIHU does not provide legal advice and does not promise any approval outcome.

Official sources

This article is general educational content and does not constitute legal, investment or tax advice. Tax matters should be assessed for your specific situation by a licensed U.S. tax attorney or CPA.

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