Reza RahbaranImmigration Attorney
The purchase of real estate on its own is not an acceptable investment under the EB-5 regulations. To qualify for the EB-5 visa, the investment must be coupled with the creation of 10 jobs. A two year construction timeline would likely mean this is a large real estate construction project, which may create the requisite jobs. If your investment is direct, then those jobs must be full time and direct. If it is a regional center project the job creation may be a hybrid of direct, indirect and induced jobs. If you are investing as a direct investor in this project and you are taking an equity position, then you may qualify if the project meets the USCIS regulations. You will not qualify if your investment is the purchase of the apartment.