How is job creation structured in restaurant projects for EB-5? - EB5Investors.com

How is job creation structured in restaurant projects for EB-5?

I plan to apply for EB-5 with an investment in two restaurant franchises. The restaurants will have over 400 hours per week of employment created, but there might be multiple people fulfilling those positions. Does this qualify? Are restaurants jobs considered part times and disqualified for EB-5?

Answers

Bernard P Wolfsdorf

Bernard P Wolfsdorf

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

Be careful to make sure this is structured correctly and you have competent advisors. Part-time positions cannot be counted toward job creation, even if the total number of hours is equivalent to that of a full-time position. Job sharing arrangements, however, are permitted. In such cases, qualified employees divide the hours of a full-time position.

Fredrick W Voigtmann

Fredrick W Voigtmann

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

The rule for job creation is that the positions must be full-time, at least 35 hours per week. USCIS takes a position-focused, not an employee-focused approach, but you cannot count part-time positions. Two or more part-time employees can share one full-time position under a job-sharing arrangement. It is best to have such job-sharing documented in an agreement signed by the part-time employees, so you can easily identify to USCIS at the I-829 filing stage which part-time employees are sharing which full-time positions. Most restaurant jobs, such as chefs/cooks/hosts/servers, should be considered full-time because those positions are required 100% of the time during restaurant operating hours.

Michael A Harris, Esq

Michael A Harris, Esq

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

Part-time work does not count when counting the number of employees necessary for a direct standalone EB-5 investment. Job sharing may work, but it is typically rare in my view. The workers will otherwise need to work full-time, which is defined as 35 hours a week or more. You may wish to consider whether or not your investment can be sponsored by a regional center, which would then allow you to use an economic impact study to consider all of the operations costs, revenues, and direct workers towards the calculation of the jobs you need.

Belma Demirovic Chinchoy

Belma Demirovic Chinchoy

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

Yes, this is fine. EB-5 does not recognize part time jobs but job sharing is OK.

Lynne Feldman

Lynne Feldman

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

Shared jobs count, but part-time jobs do not.

Stephen Berman

Stephen Berman

Find an EB-5 Visa Lawyer: Immigration Attorney
Answered on

It depends on the jobs. If it is a part-time job then it is a problem. But if not, it is not a problem.

DISCLAIMER: the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal, immigration, and financial experts prior to participating in the EB-5 program. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public: do not include confidential information in your question.