EB-5 Inmigrant Visas
The EB-5 Immigrant Investor Visa enables a foreign investor to essentially "purchase" his Green Card. Under this category of visa, there is a special pilot program through which a foreign investor can invest a minimum of $500,000 into a special project called an EB-5 Regional Service Center. These Regional Service Centers have been approved by the U.S. Citizenship and Immigration Services (USCIS) as projects that will help stimulate the economy in certain eligible areas that have been designated as Targeted Employment Areas (TEA's).All EB-5 investors must invest in a new commercial enterprise, which is a commercial enterprise: Established after Nov. 29, 1990, or Established on or before Nov. 29, 1990, that is: 1. Purchased and the existing business is restructured or reorganized in such a way that a new commercial enterprise results, or 2. Expanded through the investment so that a 40-percent increase in the net worth or number of employees occurs Commercial enterprise means any for-profit activity formed for the ongoing conduct of lawful business including, but not limited to: A sole proprietorship Partnership (whether limited or general) Holding company Joint venture Corporation Business trust or other entity, which may be publicly or privately owned.Job Creation Requirements Create or preserve at least 10 full-time jobs for qualifying U.S. workers within two years (or under certain circumstances, within a reasonable time after the two-year period) of the immigrant investor’s admission to the United States as a Conditional Permanent Resident. Create or preserve either direct or indirect jobs: Direct jobs are actual identifiable jobs for qualified employees located within the commercial enterprise into which the EB-5 investor has directly invested his or her capital. Indirect jobs are those jobs shown to have been created collaterally or as a result of capital invested in a commercial enterprise affiliated with a regional center by an EB-5 investor. A foreign investor may only use the indirect job calculation if affiliated with a regional center. For more information on these qualifying Visas please contact me and I will direct you to an inmigration professional attorney.