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What businesses are more likely to create 10 job opportunities for direct EB-5?

I plan to build a tech startup in a rural area for EB-5. Several people told me that it is very hard to convince immigration services that a business can create 10 jobs except building a hotel, a restaurant, especially a franchise. Has anyone had any success in helping a client with a business in a rural area? Would you please share what type of business it was?

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    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    Certain businesses such as hospitality are obviously good at job creation but no reason why a good tech company cannot create 10 jobs. If you are doing a direct business, be aware you may have to pay millions in wages, even if the business fails. Best to do a regional center project.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    Any type of business can qualify. You need to submit a business plan showing what jobs would be created in your particular business – they do not have to be professional jobs.

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    Julia Roussinova

    Immigration Attorney
    Answered on

    Direct EB-5 needs to be accompanied by a comprehensive 5-year business plan that must be credible and establish how the business will create at least 10 full-time positions that will be allocated to an EB-5 investor. Please hire an experienced EB-5 immigration counsel.

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    Belma Demirovic Chinchoy

    Immigration Attorney
    Answered on

    You can commission a feasibility study and it can resolve this question for you. The obvious question is whether you will have adequate labor market in the rural area.

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    Micol Mion Gordon

    Immigration Attorney
    Answered on

    You need to establish the eligibility of the business to create 10 direct full time jobs via a business plan and an analysis conducted by an economist.