I am planning to open a company divided in two. The first part of the business will create only three full-time jobs, and the second part will create more than 7 jobs. Can I apply for an EB-5 visa based on this business model? Or must I create all 10 jobs at the same time?
Answers
Julia Roussinova
Find an EB-5 Visa Lawyer: Immigration AttorneyThis can be done if it is properly structured as a holding company with wholly owned subsidiaries and EB-5 funds are used for creation of at least 10 full-time positions for qualified workers lasting at least 2 years.
Consult an experienced EB-5 immigration attorney.
Belma Demirovic Chinchoy
Find an EB-5 Visa Lawyer: Immigration AttorneyYes, you can, through a holding structure.
Lynne Feldman
Find an EB-5 Visa Lawyer: Immigration AttorneyI would need more information to advise properly. The job must be created within 2 years of the I-526 filing.
Benjamin Hu
Find an EB-5 Visa Lawyer: Immigration AttorneyFor a Standalone EB-5, the investment must go into one business organization, which may then create these jobs by itself, and may also provide these funds to its wholly owned subsidiaries and thus count job creation in these wholly owned subsidiaries. Job creation must be 10 full time jobs, lasting a minimum of two years. Note that the workers must also hold certain categories of lawful employment authorization. Consult with an experienced EB-5 attorney to work out these details ahead of time.
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