If a troubled company created through an EB-5 regional center falls short of the direct jobs preservation number during the two year period, how can indirect jobs be used to make up the difference?
Answers
Julia Roussinova
Find an EB-5 Visa Lawyer: Immigration AttorneyIn a troubled business scenario, at least 10 full-time jobs will need to be preserved directly.
Lei Jiang
Find an EB-5 Visa Lawyer: Immigration AttorneyOnly if you are a regional center, based on the number of investors, you should know the total number of jobs must be created/preserved. When you apply for a regional center, your economic report will indicate the total number of indirect jobs the project/business will generate. So long as the job preserved plus indirect jobs satisfy the requirement, you should be okay. But if you are a EB-5 direct investment, you cannot count indirect jobs. Your question is not very clear on who you are.
Philip H Teplen
Find an EB-5 Visa Lawyer: Immigration AttorneyThis depends on the regional center business plan. Most do include indirect jobs.
Ed Beshara
Find an EB-5 Visa Lawyer: Immigration AttorneyIndirect job creation can only be used in the regional center EB-5 project context.
Fredrick W Voigtmann
Find an EB-5 Visa Lawyer: Immigration AttorneyIf the I-526 petition is based upon a "troubled business," then indirect jobs may not be used, even if the new commercial enterprise was created by or is located in a regional center. Most likely, a new I-526 petition would need to be filed and the investor would start a new two-year conditional lawful permanent residence period. The removal of the condition in two years then could be based upon the indirect job creation methodology.
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyThey cannot - it is only available to regional centers.
Jinhee Wilde
Find an EB-5 Visa Lawyer: Immigration AttorneyThe only time that indirect jobs could be counted is if the EB-5 enterprise is through a designated regional center. When you are investing directly to a business, you could only count direct jobs created. If you invested in a failing business, then you need to save 10+ jobs from that business directly.
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