If my EB-5 entity/LLC goes on to acquire another business entity, thereby doubling the business size and increasing the headcount by 20 persons, does that mean I have met the threshold of 10 jobs created? What are the specific rules under this requirement?
Answers
Bernard P Wolfsdorf
Find an EB-5 Visa Lawyer: Immigration AttorneyThey want you to create 10 new jobs that did not exist before, and acquiring an existing business is tricky and complicated. The exception is if you acquire a troubled business. Best to invest in a regional center that allows for indirect job creation.
Belma Demirovic Chinchoy
Find an EB-5 Visa Lawyer: Immigration AttorneyNo, EB-5 requires job creation, not acquisition.
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyPossibly, but would need more details to analyze whether job creation was based on your investment into the project or other factors.
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