A Olusanjo OmoniyiImmigration Attorney
The establishment of this restaurant is possible. However, the time frame of two years may not be feasible, just because the processing time for EB-5 is likely to be more than two years. Thus, your self-imposed time frame may affect the completion of the 20 restaurants. Basically, you must meet the usual EB-5 requirements: 1) for an investment in an urban area like New York City, you are looking at investment of a minimum of $1 million. This is not likely to be an issue, judging by your goal of 20 new restaurants. 2) the investment funds must be from lawful source(s) and 3) the investment must create a minimum of 10 jobs for citizens and permanent resident workers. Again, judging by your facts, you should not have any problem in creating enough number of jobs. Advisably, before proceeding further, consult an EB-5 attorney.