What are the responsibilities of the entrepreneur who finances part of his business using EB-5?

The EB-5 project principal should make sure the EB-5 business Plan is complied with. A fund administrator may be appointed by the EB-5 project to report on a monthly basis to the investor that the EB-5 funds are being spent in the correct categories as stated in the business plan and the expenditures will lead to the required number of jobs.

The main responsibility is that the entrepreneur has to manage not just the business but the investor funds to ensure that the business is reasonably successful.

The key to using the EB-5 funds is utilizing such investment to create 10+ full-time, permanent jobs per each investor. Job creation will allow them to keep the immigration benefits by removing the conditions of their conditional green card.

The main responsibility is to help the investors prove job creation. In this regard, you want to work with a reliable regional center. You will have to help the investor prove 10 direct or, if a via a regional center, 10 indirect jobs are being created for every $500,000 invested or, if not in a targeted employment area, then it is for every $1 million invested.

Investor requirements are the same for direct and Regional Center investors - either manage day-to-day operations (assuming you have proper work authorization in the US) or engage in policy formulation.

I am assuming you are not the EB-5 investor. In that case, you will have various fiduciary duties to your EB-5 investors. The business fiduciary and partnership duties may be too detailed to list in this forum. The EB-5 duties you will have will be to maintain compliance with EB-5 laws, regulations, and policies.