is there an EB-5 path that does not involve a real estate transaction? I am investing in an existing company to create 10 jobs via a new store or location. How can I do this?
Answers
Bernard P Wolfsdorf
EB-5 Immigration attorneysIt is best to set up a new commercial enterprise because investing in an existing business has complex rules which make it very difficult to achieve success. The cleanest way is to start a new business, hire the 10 U.S. workers and invest the requisite amount, presently either $500.000 or $1m.
Belma Demirovic Chinchoy
EB-5 Immigration attorneysThere are a few things to consider with this scenario but it is generally doable. You will need to work with an attorney with experience in direct EB-5.
Salvatore Picataggio
EB-5 Immigration attorneysYou are on the right path. It would be about expansion or changes to the existing business to CREATE ten NEW jobs (sorry for using caps for emphasis!).
Phuong Le
EB-5 Immigration attorneysEB-5 can be used for just about any business that can create 10 jobs. We have done everything from yoga studios to restaurants, charter schools, stadiums, infrastructure, you name it. Just completely depends on your job creation.
F Oliver Yang
EB-5 Immigration attorneysYes, there is no requirement that it has to involve real estate. What you describe is a direct EB-5 model. You should discuss the details with an experienced EB-5 attorney.
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