What type of jobs count as indirect EB-5 jobs? - EB5Investors.com

What type of jobs count as indirect EB-5 jobs?

Our plan is to construct and open a hotel. If we become a regional center, what type of jobs can be counted as indirect jobs? Do construction jobs count as direct or indirect?

Answers

Salvatore Picataggio

Salvatore Picataggio

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Indirect employment creation is based on the expenditure of EB-5 funds in certain business categories like construction, operations, etc. A proper economic impact report will detail all the job creation for a project, and this information should also be contained in a business plan and even the offering documents. An immigration attorney will help you review a project and its documents for issues like job creation.

BoBi Ahn

BoBi Ahn

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Indirect jobs that last longer than 2 years will count, such as jobs created by commercial tenants in the hotel or jobs created by the construction company used to build the hotel.

Julia Roussinova

Julia Roussinova

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Direct jobs are actual full-time positions created by your business. Indirect jobs are created by other businesses that come into existence due to the economic growth of your business. Construction jobs count if they last in excess of two years.

Marisa Casablanca

Marisa Casablanca

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Construction jobs may count towards the 10 jobs required for EB-5. The calculation of jobs requires the review and analysis of an experienced economist specialized in EB-5.

Irina A. Rostova

Irina A. Rostova

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Yes, construction jobs count as indirect jobs. You will need to hire an economist, who will prepare an econometric report outlining the number of jobs that will be created by the construction of the hotel, based on the project spending.

Charles Foster

Charles Foster

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If you operate under a regional center you may count indirect jobs. Construction jobs would be counted as direct jobs depending upon their length.

Bernard P Wolfsdorf

Bernard P Wolfsdorf

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For direct projects, the jobs must last at least two years and be full-time 35 hours a week. When a regional center project can prove that the construction period will exceed 24 months, EB-5 investors can then claim indirect resulting from the construction phase activities and from qualified construction expenditures. USCIS may require claims of construction to be verified by means of requiring third-party validation of construction data and regional industry standards. Hotels can also claim operational jobs.

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