I am a foreign national and the sole shareholder of a C Corp which has attracted an investment of $5 million from a venture capital group at $20 million valuation. We would be hiring lots of people in Chicago and Cleveland for our venture.
Since the investment would be done locally and I would be the reason for such investment, can this investment and resulting employment be used to obtain an EB-5 visa for myself?
Answers
Reza Rahbaran
Find an EB-5 Visa Lawyer: Immigration AttorneyThe capital investment must be from the EB-5 applicant and not from other sources.
Shahzad Q Qadri
RC CreatorsWe would need more information to assess this situation. However, at the offset, you have to invest your personal funds to be eligible for the EB-5 program, as such money raised by your company will not suffice. Happy to further discuss this issue. Please contact us.
Fredrick W Voigtmann
Find an EB-5 Visa Lawyer: Immigration AttorneyIf you personally make a qualifying investment, it is possible. Otherwise, you don''t qualify because the investment is coming from other sources.
Salvatore Picataggio
Find an EB-5 Visa Lawyer: Immigration AttorneyTo obtain approval of the I-526 petition filed with USCIS to then move forward with obtaining conditional, then full, permanent residency, the investment must be made from your personal funds. If your investment will be made into this C Corp, you must use personal funds, not funds from that same C Corp.
Ed Beshara
Find an EB-5 Visa Lawyer: Immigration AttorneyBased on the facts you present, the answer is no. It is advisable to retain an experienced EB-5 attorney who may correctly direct you.
Rebecca White
Find an EB-5 Visa Lawyer: Immigration AttorneyThe funds at risk need to be traced to your own funds.
Vaughan de Kirby
Find an EB-5 Visa Lawyer: Immigration AttorneyThe capital invested must be from the EB-5 applicant. If I understand correctly the capital in your case has come from outside investors.
Stephen Berman
Find an EB-5 Visa Lawyer: Immigration AttorneyYou need to own the money you are investing, it cannot be a loan, nor can it be other people's money that they are investing.
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