Requirements for EB-5 Visas
The following are the three (3) basic requirements of an EB-5 Visa.
EB-5 Job Creation Requirements As discussed in the EB-5 requirements, an EB5 applicant must create at least 10 full-time jobs. If the investor selected the Direct Investment route, it is their responsibility to create and maintain these (10 full-time) jobs until the permanent Green Card is released. If the investor chooses the Regional Center then they just need to create those 10 full-time jobs but prove that these jobs were created through the $500,000 investment. In the Regional Center framework, the Regional Centers and developers will provide you with those types of documentation at the time of filing I-829 Removal of Conditions Application. As mentioned, it is mandatory that all EB 5 applicant create and keep these jobs. If an investor invests into an existing business, then that is when the requirement is to keep these 10 full-time jobs. When investors invests in an existing business, it may because business is either in danger of closing or there has been a huge amount of losses in the past years and the investor comes in to “rescue” the business else, there will be a danger of losing jobs. |
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