Could my EV-charging business qualify as an EB-5 project? - EB5Investors.com

Could my EV-charging business qualify as an EB-5 project?

I am developing an EV charging center with real estate in CA. Could it qualify as an EB-5 project?

Answers

Lynne Feldman

Lynne Feldman

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Answered on

Yes, any business can potentially qualify. Would need the details though to advise.

Julia Roussinova

Julia Roussinova

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Answered on

This type of project may qualify if it meets the requirements and is supported by a comprehensive 5-year business plan. It must create at least 10 full-time jobs per EB-5 investor. Consult an experienced EB-5 immigration attorney.

Jason Feldman

Jason Feldman

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Answered on

Yes, it could, provided it satisfies the other requirements (such as meeting the job creation requirements and minimum investment amount).

Linda Liang

Linda Liang

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Answered on

If your answers to the following two questions are yeses, you are. 1) The business will need more than $800,000 in investment 2) The investment will result in 10 full time jobs.

Phuong Le

Phuong Le

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Answered on

If it's ground up construction and creates sufficient jobs, yes. Would need to be a Regional Center sponsored project. Depending on the scale of your project, it may not be worth it to use EB-5 financing because an EB-5 offering can easily cost north of $80K and your job creation here would likely only come from construction of the charging center and perhaps operational revenues.

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