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How can I make my startup a direct EB-5 investment?

I''m currently planning to open a startup for software product development. My startup requires people to work on the product and market the product. How can I make this a direct investment for EB-5?

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Answers

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    Michael A Harris, Esq

    Immigration Attorney
    Answered on

    If you are seeking to convert your startup for yourself as a Direct EB5 investor, then I would recommend a consultation with an immigration law specialist and a business plan writer to discuss the current and planned future operations of your business, as well as how much capital you have invested to date. If you are seeking to offer this project as an investment opportunity to others, then you will need to consider various factors that may be best discussed one-on-one.

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    Lynne Feldman

    Immigration Attorney
    Answered on

    It should be doable if you invest enough money, $900,000 or $1.8 million, depending on where the business will be located, and you can establish the business will support 10 full-time employees within a couple of years.

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    Belma Demirovic Chinchoy

    Immigration Attorney
    Answered on

    In brief, you need to invest the requisite $900,000/$1.8M into the startup and prepare an EB-5 compliant BP demonstrating EB-5 compliant job creation.

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    Dale Schwartz

    Immigration Attorney
    Answered on

    Are you locating the business in a Targeted Employment Area (high unemployment area) or a Rural Area? If so, you need to invest $900,000. If not, the amount goes up to $1,800,00.

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    Bernard P Wolfsdorf

    Immigration Attorney
    Answered on

    Make sure you have a clear business plan that shows your $1.8 million investment directly creates the 10 new jobs, and make sure you do create the jobs or they can deny you.

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    Salvatore Picataggio

    Immigration Attorney
    Answered on

    The devil is in the details, as they say, but with the right help from an EB-5 attorney and a team of professionals, a new enterprise can become a proper EB-5 project.