How to convert a hospitality construction project to an EB-5 Project? - EB5Investors.com

How to convert a hospitality construction project to an EB-5 Project?

How can I convert a new hospitality project to EB-5 Project? This project is located in Missouri. If this is possible, what kinds of professionals should I work with to make it happen?

Answers

Ed Beshara

Ed Beshara

Immigration Attorneys
Answered on

You will need to hire a team of EB-5 professionals to prepare the required EB-5 documentation. The team of professionals will include the Immigration attorney, business plan writer, economist, securities and business attorney. The EB-5 documentation will be part of the Investors I-526 petition.

Fredrick W Voigtmann

Fredrick W Voigtmann

Immigration Attorneys
Answered on

Your first stop should be to consult with an EB-5 immigration attorney, who can put the team of professionals together for you.

Julia Roussinova

Julia Roussinova

Immigration Attorneys
Answered on

The first step would be to consult an EB-5 immigration attorney. He or she should be able to advise you and help you organize other professionals.

Raymond Lahoud

Raymond Lahoud

Immigration Attorneys
Answered on

More information is needed to better answer your question. It is possible to convert to an EB-5 based visa program.

Michael A Harris, Esq

Michael A Harris, Esq

Immigration Attorneys
Answered on

To see whether we can convert your hospitality project to one that will utilize EB-5 financing, we will need to evaluate the stage of development you are in. Are you in the permitting phase; has construction started; has financing of the project been completed? What operations have already commenced? The professionals you should have would be (a) an EB-5 immigration lawyer with project expertise; (b) business plan analyst; (c) economists; and (d) corporate and securities lawyers.

A Olusanjo Omoniyi

A Olusanjo Omoniyi

Immigration Attorneys
Answered on

You should start with an EB-5 attorney who can help assemble other professionals. Thanks.

Barbara Suri

Barbara Suri

Immigration Attorneys
Answered on

Yes, it is possible to convert your project to EB-5. You should start with an immigration lawyer who could guide you in preparing the Form I-526.

Charles Foster

Charles Foster

Immigration Attorneys
Answered on

To convert your hospitality project in Missouri to an EB-5 project you would need experienced legal counsel, not only one who may be Board Certified in Immigration and Nationality Law, if the State Bar of Missouri permits same, but one with significant experience in representing individual investors and more important, representing Regional Centers and projects. It may be possible to convert a new hospitality project to the point that it can raise EB-5 funds under certain limited circumstances.

Belma Demirovic Chinchoy

Belma Demirovic Chinchoy

Immigration Attorneys
Answered on

Most projects can be structured into an EB5 project. Start by consulting an EB5 Immigration attorney who can coordinate all required third parties.

Jinhee Wilde

Jinhee Wilde

Immigration Attorneys
Answered on

You need an EB5 corporate lawyer to structure the business to be EB5 compliant and need a business plan writer and/or an economist to prepare the market analysis and comprehensive business plan appropriate for EB5. All these could be done by one firm or a team. You should expect to spend $25,000-$50,000 for the documentation and legal costs.

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