I am interested in an investment opportunity involving major renovations to a property. The project renovation costs are estimated at $8-10 million. I am researching whether EB-5 immigrant investors could fund this development. Their investments would lead to constructing improvements intended to considerably boost the income of the property. I have heard that for a business expansion to meet the visa requirements, it must lead to a minimum 40% increase in the net worth of the business or the number of its employees (10+). I am reaching out to learn more about attracting EB-5 financing for this real estate venture. How can I partner with EB-5 investors for a project of this scale?
Answers
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyFirst make sure the project qualifies for an EB-5 investment and you need an economic report to show how the project would create 10 new full-time jobs for every investor.
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyThe rules have changed since the latest Congressional amendments. I suggest a consult to sort out whether your ideas can be implemented, and if so, how.
Belma Demirovic Chinchoy
Find an EB-5 Visa Lawyer: Immigration AttorneyRenovations can qualify for EB-5. You should gather all info about the business to date, proposed renovations, budgets, and consult with an EB-5 attorney.
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