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What sort of business can I invest in for EB-5?

Can I invest in a home building business and be able to get a green card through the EB-5 program?

Answers

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    Reza Rahbaran

    Immigration Attorney
    Answered on

    Yes, you may invest in any business that meets all EB-5 requirements. As long as the business creates 10 full-time jobs and is a commercial enterprise, it may qualify for the EB-5 visa program.

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    A Mina Tran

    Immigration Attorney
    Answered on

    You can invest in any type of business that will use the investment capital to create at least 10 jobs. By home building business, if you mean construction, then that is possible. If you mean investment in homes, then that usually not possible because that type of business cannot generate the 10 jobs required by the EB5 program.

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    Rohit Kapuria

    Immigration Attorney
    Answered on

    There are many different EB-5 projects on the market. Keep in mind that the most important component of this program is job creation. Your investment should result in the creation of at least 10 jobs. I am not entirely clear what you mean by home building business, however, if you are referencing a project that involves a construction component for houses in a particular area, then that may qualify. If the developer is counting eligible construction jobs and there are sufficient jobs for the total number of investors, then you should be okay.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    Maybe? I would have to know more. The business must be able to sustain 10 full-time jobs per $1 million dollars of investment for 2 years or more.

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    Ed Beshara

    Immigration Attorney
    Answered on

    You can invest in a home building business as long as it is EB-5 compliant and showing the required job creation. You will definitely need the services and advise of an experienced EB-5 attorney.

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    Philip H Teplen

    Immigration Attorney
    Answered on

    Yes you can; although you must be mindful of the ten job creation necessity. Home building tends to be heavily defendant on subcontractors. I will be happy to discuss it further with you.

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    BoBi Ahn

    Immigration Attorney
    Answered on

    As long as the business can generate 10 full time employment of U.S. workers, and is a commercial enterprise, then there really are no set restrictions on the type of business eligible for an EB-5 Immigrant Investors visa.

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    Roberto Ortiz

    Immigration Attorney
    Answered on

    In order for a business to qualify for a direct EB-5, you have to make sure that the business will be able to create 10 direct full time jobs in two years and maintain them. If you have any other questions, please do not hesitate to contact me.

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    Fredrick W Voigtmann

    Immigration Attorney
    Answered on

    Any legal, for-profit business could potentially qualify for EB-5. You need to determine if it makes sense for your business and you need to show that the new commercial enterprise will create at least 10 full-time jobs for U.S. workers. The invested capital must be used for job creation purposes. You should consult with an experienced EB-5 immigration attorney to see if your particular business meets all of the EB-5 requirements.

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    Ying Lu

    Immigration Attorney
    Answered on

    It depends. Many EB-5 projects are real estate related. Most are operated under the regional center mode to take advantage of the indirect job numbers. If you plan to operate the real estate project under the direct EB-5 mode, make sure that all construction jobs must last more than 2 years so that they will be counted as qualified new jobs created by the investment.

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    Salvatore Picataggio

    Immigration Attorney
    Answered on

    The business will have to meet certain requirements imposed by the U.S. Citizenship and immigration service, but yes, a home building business should be able to be an acceptable business in which to invest. We recommend retaining qualified EB-5 counsel, like one of the attorneys at our law firm, to assist you with the compliance with USCIS rules and regulations, and the remainder of the immigration process.

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    Kripa Upadhyay

    Immigration Attorney
    Answered on

    The short answer to your question is "it depends" there are a variety of business; including home building/real estate development projects that you can invest in, but there are details that you will need to be aware of an understand with respect to the type and nature of investment required. It would be in your interest to consult an Immigration Attorney with experience in EB-5 petitions to guide you in the decision making process as to what type of real estate development business would be best suited to you and your needs.

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    Darren Silver

    Immigration Attorney
    Answered on

    The type of business you are allowed to invest into is very broad. Keep in mind among other criteria, you will need to create 10 full time jobs.

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    Dale Schwartz

    Immigration Attorney
    Answered on

    Yes you can. But the 10 full-time employees you must hire have to be on your payroll. They can''t be sub-contractors. Can you do this?

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    Vaughan de Kirby

    Immigration Attorney
    Answered on

    Yes you can invest in a home building program. For example the San Francisco Bay Area Regional Center is currently working with the developer Lennar in the Hunters Point project in San Francisco. You will find other examples around the United States.

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    Olga Karasik

    Immigration Attorney
    Answered on

    Any business that qualifies for the investment amount of $1 Million and creates at least 10 permanent full time jobs can be used for EB-5 direct investment visa.

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