How can I invest in houses as a construction company? - EB5Investors.com

How can I invest in houses as a construction company?

I want to apply for an EB-5 visa. My daughter is 24 years old. How can I ask for her to be included on my EB-5 visa? Also, I am interested in investing by myself. Is it possible to invest as a construction or real estate company and rent some houses? How can I make this work for EB-5?

Answers

Reza Rahbaran

Reza Rahbaran

Immigration Attorneys
Answered on

Unfortunately, your daughter exceeded the maximum age to be included on your petition. Your investment can be used to obtain an EB-5 visa provided that it meets the EB-5 regulatory requirements, such as, the investment threshold and job creation.

Ying Lu

Ying Lu

Immigration Attorneys
Answered on
Lei Jiang

Lei Jiang

Immigration Attorneys
Answered on

Your daughter is too old to be included in your EB-5 petition. One of the requirements for the EB-5 visa program is to generate at least 10 full-time jobs. So, starting a construction company is generally okay, but a real estate company engaging in renting will be difficult.

Ed Beshara

Ed Beshara

Immigration Attorneys
Answered on

Real estate residential and commercial construction and operations can be the basis for the required jobs being created. If you are the investor, you cannot petition for your child who is already 21 years of age.

Salvatore Picataggio

Salvatore Picataggio

Immigration Attorneys
Answered on

Dependents can be your spouse and children under 21 years of age only. She would need her own process (her source of funds can be her own or a gift). Construction and real estate can work, but job creation will be an important consideration that we would need to work on with the assistance of EB-5 economists who we have strong relationships with.

Fariba Faiz

Fariba Faiz

Immigration Attorneys
Answered on

Your daughter, being over 21, will not qualify under your EB-5. You may wish to make two $500,000 investments in a regional center, one for her and one for yourself. You can invest through direct investment in lieu of regional center, but unless in targeted employment area, the investment amount must be $1 million for each and hire 10 U.S. workers.

Jinhee Wilde

Jinhee Wilde

Immigration Attorneys
Answered on

EB-5 investment must be for business that will create 10+ full-time, permanent jobs. Just buying houses and renting them may generate income for you, but will not create 10+ jobs. If you are establishing a construction company, on the other hand, and will employ 10+ construction workers, then it will be a different story. Your daughter who is 24 must have her own investment and file her own separate petition, as she is over 21 years old. Your petition will only include your spouse and any children under 21.

Kyle Barella

Kyle Barella

Immigration Attorneys
Answered on

Almost any business can be utilized for the purposes of the EB-5 program, provided the requirements are met (job creation, investment amount, etc.). Unfortunately, your daughter would not be able to be attached to your petition, as she is too old. She would, however, be allowed to make her own individual investment.

Lynne Feldman

Lynne Feldman

Immigration Attorneys
Answered on

It is doable for EB-5, but your daughter would need to do her own investment amount to get the green card through the EB-5 program, as she is too old to be a derivative.

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