How can I sell my EB-5 business after becoming a citizen? - EB5Investors.com

How can I sell my EB-5 business after becoming a citizen?

I am interested in the EB-5 program so I can come to the United States and bring my whole family. I have the necessary funds, but I do not want to run the business long term because I want to retire soon after getting U.S. citizenship. Will I be able to sell my EB-5 business and when can I sell it?

Answers

Reza Rahbaran

Reza Rahbaran

Immigration Attorneys
Answered on

In a direct investment, you may do as you wish with your business after receiving your permanent legal residence.

Shahzad Q Qadri

Shahzad Q Qadri

RC Creators
Answered on

Once you have an approved I-829, approximately 3-4 years after getting your provisional greencard, you are free to do as you wish, and that may include selling the business.

Lei Jiang

Lei Jiang

Immigration Attorneys
Answered on

It depends on how/where you invest your fund. If you invest in a regional center, you need to read the agreements carefully on permissible exit method.

Philip H Teplen

Philip H Teplen

Immigration Attorneys
Answered on

If you invest in a regional center, you do not have to participate at all in the business and can see return of your capital. If you would like to consult, I can reached.

A Mina Tran

A Mina Tran

Immigration Attorneys
Answered on

Yes, after you get your permanent green card, you will be able to sell your business. It sounds as though you are looking for a more passive investment vehicle. If that is the case, then you might want to consider a regional center based project rather than a direct investment into a business.

Ying Lu

Ying Lu

Immigration Attorneys
Answered on

After you obtained your permanent green card, you can sell the EB-5 business to any interested buyer.

Dale Schwartz

Dale Schwartz

Immigration Attorneys
Answered on

Yes you can, after you receive a permanent green card or become a citizen.

Fredrick W Voigtmann

Fredrick W Voigtmann

Immigration Attorneys
Answered on

You may be able to sell your business after you remove the condition and obtain the permanent green card. Since that is several years into the future, it is impossible to predict market conditions at that time. In order to qualify for a green card, however, you must maintain the intention to reside permanently in the U.S., with or without owning your business.

Margo Chernysheva

Margo Chernysheva

Immigration Attorneys
Answered on

You can sell your interest (if it is sellable per your agreement with your partners or if there is an interested buyer) as soon as you receive your permanent resident status. You do not have to wait until you become a US citizen.

Lynne Feldman

Lynne Feldman

Immigration Attorneys
Answered on

If you do a stand-alone project it will take about 5-6 years before you can sell. If you aren''t interested in running a business, then check out the regional center option for a more passive investment. There are many though so you want to only look at the ones with a good immigration track record or contact me for more information.

Jinhee Wilde

Jinhee Wilde

Immigration Attorneys
Answered on

If you do not wish to actually run the business, the best way to immigrate through EB-5 is investing in a regional center project. Make sure, however, you choose a regional center that has long track record of successfully doing EB-5 projects continuously. There are few Regional centers that have 100 percent approvals over several projects.

Anthony Korda

Anthony Korda

Immigration Attorneys
Answered on

Once conditions of residence have been removed, the business may be sold. It is not necessary to wait until U.S. Citizenship is achieved.

Boyd Campbell

Boyd Campbell

Immigration Attorneys
Answered on

Yes, after you obtain your permanent green card.

H Glenn Fogle Jr

H Glenn Fogle Jr

Immigration Attorneys
Answered on

The answer to this question depends on the type of investment you have made. If you do your own business, you can sell it after obtaining the permanent green card, which you would file for at the end of your conditional period green card, showing that you have created the requisite 10 U.S. jobs. If you choose to use a regional center investment, that will depend on the particular investment as to when you can exit the investment (usually 4-5 years). Please feel free to contact me directly if you have further questions.

Ed Beshara

Ed Beshara

Immigration Attorneys
Answered on

The EB-5 process will lead to your unconditional permanent residency, known as your full green card. Once you have had your residency for 5 years from the time you received your conditional permanent residency, you may then apply for naturalization. Once you obtain your unconditional permanent residency you may exit the EB-5 business and sell it.

Rohit Kapuria

Rohit Kapuria

Immigration Attorneys
Answered on

A better option might be to invest in a regional center project. This way, you become a limited partner or member of a new commercial enterprise that is funding a particular project. The idea is that in this role, you are purely a passive investor and do not handle the day to day managerial functions of the new commercial enterprise. These investments are structured as medium term investments (typically 5-7 years) and if the project is successful (and if the documents so allow and the process acceptable to USCIS) you would receive your principal investment with some interest at the end.

Salvatore Picataggio

Salvatore Picataggio

Immigration Attorneys
Answered on

Most investments through an EB-5 Regional Center have an "exit strategy" that allows for the investor to sell his or her interest at fair market value after 5 years. To whom you can sell that interest depends on the then-current rules and regulations.

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