My wife and I jointly have saved roughly $950K and want to invest these funds in a business franchise, which requires approximately $5 million for setup. The plan is to secure a business loan to open this business. Are we eligible to apply for a green card under the EB-5 visa category in a targeted employment area with this project?
Answers
Lynne Feldman
EB-5 Immigration attorneysYes, a private project may be doable depending on where it is located (some areas are $800,000 and some are $1,050,000). Any business loan cannot be secure by the EB-5 project itself. Feel free to contact us to get more information to make this happen.
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