I am considering investing in my business to apply for the EB-5 visa. I already have a company in Thailand, and I would expand this service to US companies wishing to invest in South Easte Asia. My aim is to provide services from the US and Bangkok, so this would be an international expansion of sorts. Because of that, I plan to hire U.S. citizens, and my aim is for the business to last more than the mandatory two years that the capital must be invested at risk. My concern is that I have business partners who do now wish to pursue the EB-5 visa and are interested in contributing capital to this business endeavor. Can they be part of the company ownership? Or is it mandatory for business partners to be U.S. citizens as well?
Answers
Lynne Feldman
EB-5 Immigration attorneysOnly one foreign investor may obtain permanent residency through the EB-5 program if a private project, but you may have other investors from in or out of the U.S.
Lynne Feldman
EB-5 Immigration attorneysYou may want to explore an L-1A and EB-1C multinational manager as an alternative.
Bernard P Wolfsdorf
EB-5 Immigration attorneysThere is no requirement that all business partners be US citizens.
Belma Demirovic Chinchoy
EB-5 Immigration attorneysAnyone can invest in your business… and a business can only have one (1) direct EB-5 investor. All investment into your company can be scrutinized by immigration. There are ways you can structure these entities to minimize complications.
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