How can my foreign partner file for EB-5 through his contribution to a business purchase?

The minimum direct EB-5 investment threshold is $800,000 if in TEA or rural area, otherwise it is $1,050,000. At least 10 full-time positions per investor are required to be created, which must be full-time (at least 35 hours a week). Hire an experienced immigration attorney who can assist you and properly prepare and file the case.

Your partner must invest at least $800,000 or $1,050,000. If the location is in a targeted employment area (TEA), such as high unemployment, rural, or infrastructure, then the minimum required investment amount is $800,000. If the project location is in a non-TEA area, it is $1,050,000. In either case, he must invest more than $700,000 in a Direct EB-5 transaction. As such, the created full-time positions must be W2 or 1099 jobs. They cannot be model-created jobs, as in Regional Center-sponsored projects. From an immigration standpoint, he should be okay if the project creates more than ten full-time positions. A qualified immigration attorney, business plan writer, and other professionals should prepare the filing. Pay specific attention to his source of funds as most RFEs and denial causes are due to that if the project creates the necessary jobs. Good luck.

The limits under the new program are $800,000 if in a Targeted Employment Area or Rural Area; otherwise, $1,050,000. If he can meet the amounts I can send the other requirements.

There are many questions to be answered before suggesting that purchase of the hotel and convenience store are viable EB-5 investments. However, your foreign national must invest minimally $800,000 but only if the investment is in a rural area or an area of low income, which is determined by the USCIS.