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What is EB-5? The EB-5 program is administered by USCIS (United States Citizenship and Immigration Service). For entrepreneurs and investors who have the desire to earn U.S. citizenship, The EB-5 Immigrant Investor Program is a great option! Under this program, if the investor fulfills certain requirements, they (and their spouses and unmarried children under 21) will be eligible to apply for a green card. The requirements are as follows: All EB-5 investors must invest in a new commercial enterprise. A new commercial enterprise is, by definition 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. The amount of the investment is determined by the location of the job creating enterprise. If the business is in a targeted employment area (TEA) then the base investment of $1 million may be reduced to $500,000. 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.
1. 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. 2. Indirect jobs are 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. |