What is meant by ''permanent'' job? - EB5Investors.com

What is meant by ”permanent” job?

What is meant by ”permanent” job? How long is the business expected to guarantee that the 10 required jobs will continue to exist? Also, which size is the most commonly approved project size: big, medium, or small (up to $10 million)?

Answers

A Olusanjo Omoniyi

A Olusanjo Omoniyi

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

Full-time jobs mean employment of a qualifying person in a position that requires a minimum of 35 working hours per week. Between the time an applicant obtains approval of his or her I-526, conditional green card, and until the applicant obtains their permanent green card, 10 full-time jobs must not only be created, but must continue to exist. Otherwise, the chance of obtaining the permanent green card may be in jeopardy if the required 10 jobs are not created.

Reza Rahbaran

Reza Rahbaran

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

Under EB-5 regulations, the investor must show that the required jobs are created by the time the I-829 petition is filed, or that they will be created within a reasonable time thereafter. The value of the EB-5 investment project does not impact the likelihood of approval by USCIS. If the EB-5 regulatory requirements are met, then USCIS will approve the project.

Ed Beshara

Ed Beshara

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

The EB-5 regulations and policies require that each investor commitment of personal funds will lead to the creation of 10 full time employees. The employment is created and maintained during the conditional permanent residency period and until the conditions are removed. The ideal EB-5 project size will depend on a number of factors. Therefore, the project may require either a $500,000 raise or a $100 million raise as examples of the variation.

Salvatore Picataggio

Salvatore Picataggio

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

Permanent jobs are one of the EB-5 terms of art that requires careful review and the cooperation of an EB-5 economist. EB-5 project sizes vary, and there really is not one size that is more commonly approved than another.

Jinhee Wilde

Jinhee Wilde

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

BoBi Ahn

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

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.