We directly invested in a firm that is located in a TEA and received our temporary EB-5 green card earlier this year. Currently, the firm only has five full-time employees due to COVID, so this could be an issue for us. Do we have to maintain the ten positions throughout the entire two-year period? Or by which point do we need to have ten full-time jobs created? Is there any way we can make up for not having ten full-time employees during our first six months?
Answers
Ed Beshara
Find an EB-5 Visa Lawyer: Immigration AttorneyAs long as the ten full time jobs have been created before the end of the conditional permanent residency period.
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyYou need to follow the business plan. Note, you have to create 10 new jobs, and generally cannot count the existing jobs unless this is a troubled business. If you deviate from that, you may have issues, but you absolutely want to have 10 new full time employees at the time you file the I-829.
Daniel A Zeft
Find an EB-5 Visa Lawyer: Immigration AttorneyThe new commercial enterprise must have ten full-time employees at the time that the I-829 Petition to Remove Conditions is filed with U.S. Citizenship and Immigration Services.
Stephen Berman
Find an EB-5 Visa Lawyer: Immigration AttorneyYou need ten full-time jobs by the time you file to remove the condition from your resident status.
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