The EB-5 Immigrant Investor Program, established in 1990 by Congress to promote the US economy by creating employment, capital investment, and foreign investors, is administered by USCIS.
Commercial enterprise means any profitable enterprise for the conduct of legal enterprises together with:
The sole proprietorship
Partnership (limited or general)
The holding company
The joint venture
A business trust
Other entities, whether public or private
It is a commercial enterprise if it consists of a holding company and its wholly-owned subsidiaries are engaged in a profit activity. Non Commercial activities, such as owning a personal residence, are not included in the term as long as each subset is included.
Job Creation Requirements:
A qualified EB-5 investor must make the required investment in a business that will generate at least 10 full-time positions for qualified employees.
To qualify for state revenue a new commercial enterprise must directly create the full-time jobs to be counted. New commercial enterprises located within a regional center may do so directly or indirectly by creating full-time jobs.
Direct jobs establish an employer-employee relationship between the new enterprise and its employees.
The new commercial enterprise may not directly create jobs but will result in indirect jobs. When an EB-5 investor invests in a troubled business, job maintenance may be a viable option. The investor must demonstrate that the number of existing employees is, or will be, no less than the per-investment level for a minimum of two years.
By explaining the legality of the EB-5 immigration program, EB-5 investment alternatives and the establishment of EB-5 regional centers, our attorney gives full counsel to immigrant investors seeking immigration law.
Our attorneys can assist you in navigating the complicated EB-5 Immigrant Investor Green Card application procedure. The EB5 Visa Scheme is a complicated permanent residency program for foreigners in the United States that focuses on investing a minimum of $900,000 to create new job possibilities for US citizens.
We give effective consultation to EB-5 investors seeking clearance for the EB-5 Immigration program, using our expertise and skilled legal consultants. The best aspect is that the founder of Tabea Law, PC is an immigrant who has gone through the same procedures as everyone else when dealing with the Department of State and the United States Citizenship and Immigration Services (USCIS).