If I were to apply to a hotel construction EB-5 project that created 10 jobs during the two-year wait period but failed or had problems after that, when I start my I-829 petition, could I still obtain a green card?
Answers
Bernard P Wolfsdorf
EB-5 Immigration attorneysIf the investment was deployed and the jobs created, then there most likely is a viable case.
Lynne Feldman
EB-5 Immigration attorneysLikely yes, but funds may need to be re-deployed. If jobs created and funds invested for 2 years under new rules, you should be OK for I-829 approval but would need to know the details to opine specifically.,
Yuliya Veremiyenko-Campos
EB-5 Immigration attorneysIf the required jobs are created at that point, your I-829 should be approved. However, you will have issues getting your fund back if the project fails.
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.