EB-5 Employment Creation - Investor Visas: Targeted Employment Areas and Regional Centers

The EB-5 program offers entrepreneurs seeking to establish new companies in the United States the ability to obtain lawful permanent resident status.  The basic requirements are that the entrepreneur establish a new commercial enterprise in which the entrepreneur has invested at least $1 million (or $500,000 in certain circumstances) and which will create full-time employment for at least 10 United States workers.

Targeted Employment Areas

The investment requirements of the EB-5 program may be reduced when the entrepreneur invests in a targeted employment area.  A targeted employment area is a rural population of less than 20,000 people or an area with an unemployment rate of 150% the national average.  Investment in a targeted employment area could be reduced to $500,000.

Troubled Business

The employment creation requirements of the EB-5 program can be modified when the entrepreneur invests in a troubled business.  A troubled business is a business having lost 20% of its net worth.  In the case of a troubled business, proof must be provided that the existing employees will be retained.

Immigrant Investor Pilot Program - Regional Centers

The Immigrant Investor Pilot Program allows entrepreneurs to make investments through regional centers.  The regional centers are designated by the government based on proposals demonstrating economic growth through increased export sales, improved regional productivity, job creation, or increased domestic capital investment.  Regional centers allow for relaxed job creation requirements.  Job creation can be shown by demonstrating indirect job growth.

Conditional Resident Status

EB-5 status is granted on a conditional basis.  Entrepreneurs must petition for removal of the conditions 90 days before the second anniversary of the granting of the status.  Failure to seek removal of conditional resident status may result in termination of status.  Once conditional residence is removed, the EB-5 beneficiary will hold full lawful permanent resident status.

Immigrant Investor EB-5 Attorney

The Chander Law Firm provides representation to clients in Immigrant Investor and Employment Creation (EB-5) cases. 

New Commercial Enterprise

The firm's Business Law and Corporate Law Practice can help interested investors and entrepreneurs properly organize  a new business venture or purchase an existing operation.  In order to qualify for the EB-5 program, business transactions must meet the EB-5 program requirements.  The firm can help to mitigate the risks associated with the investment by managing the terms of the business transaction.  

Guidance on Regional Centers

Foreign nationals interested in investing in a regional center can contact The Chander Law Firm to provide guidance in choosing the right regional center project.  There are dozens of regional center projects available.  The Chander Law firm can assist interested investors find regional center options and calculate whether a particular regional center is healthy enough to ensure the investor will be able to receive lawful permanent resident status. 

Matching Investors with U.S. Companies Seeking Venture Capital

The Chander Law Firm can also help to match interested investors with United States entities seeking venture capital to start new businesses or expand existing ones.  After both the investor and U.S. company have performed their own due diligence, The Chander Law Firm can guide foreign nationals and U.S. companies through corporate formalities and the EB-5 process.

Contact The Chander Law Firm Today

Contact The Chander Law Firm today to schedule a consultation regarding your case.  Schedule your consultation now.