My regional center told me that right now, 80% of the total job requirement were created for the project. But in this project, there are phase 1,2,3, and 4 of EB-5 investments. Does this mean that for all phases of investors, each created 8 out of 10 or the first 80% of investors (chronologically based on I-526) have created 10 out of 10 and the rest of 20% of investors have created 0 out of 10.
Answers
Bernard P Wolfsdorf
Immigration attorneysIt probably means the first 80% of investors (chronologically based on I-526) have created 10 out of 10 and the rest of 20% of investors have created 0 out of 10. However, you can check and ask them how the jobs are being allocated.
Lynne Feldman
Immigration attorneysThat is a confusing statement. You should go back to the project and inquire what this means for your I-829 approval.
Robert V Cornish Jr
Securities AttorneysThat representation is meaningless. It can be manipulated and distorted to suit whatever needs those making the statement may have. You should instead ask for a verified or audited statement from the RC about its past projects, how many jobs were anticipated, how many jobs were created, and more importantly how many people actually received immigration benefits. Always rely on the PPM and the materials provided to you.
Dale Schwartz
Immigration attorneysThey are supposed to be allocating 10 employees to each investor by name of employee. Ask them if they did this for you.
Karen-Lee Pollak
Immigration attorneysYou will have to ask the regional center. In most cases, they allocated jobs chronologically, according to when your case was filed; so, assuming 10 investors for the first eight filed EB-5 applications or payment received jobs have been created and they are waiting for the jobs to be created for the last two.
Fredrick W Voigtmann
Immigration attorneysJob creation typically is allocated based upon the date of filing the I-829. Therefore, the first 80% of the investors in this project to have reached the final 90 days of the sustainment/conditional period likely have met the job creation requirement. If you are unsure, you should ask the regional center how the jobs are being allocated for I-829 purposes.
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