Can Multiple Investors Work Together?
The EB-5 program allows foreign investors to put a one million dollar investment into an American business for a bid to be granted permanent residency. This visa program just requires that the investment creates ten full-time jobs for that business, giving Americans the chance to seize on employment that otherwise wouldn’t have been available. However, there may be some complications when investors try to pool investment funds together to benefit from the program’s residency visa benefits.
If you’re thinking about beginning the process of filing for permanent residency in the United States, you may want to consider the EB-5 visa program first. To learn more about this program and how it works, contact the EB-5 visa lawyers of White & Associates at 818-730-3540 today.
Investor Cooperation and EB-5 Visa Rules
According to the rules set out by the United States government, investors are allowed limited cooperation during the EB-5 process. The following rules are in place regarding the program:
- Investors can join together to invest in a single business
- Each investor is still responsible to put in one million dollars
- Each investor’s contribution still must create ten full-time jobs
- Each investor’s immediate family may be granted residency rights as is normal
Ultimately, investors are allowed to work together to invest in a single business. However, they are still responsible for investing the same amount of money and with the same job-creation expectations as any other investor. The difference is the overall effect on a single business receiving the significant investment boost.
Contact Us
If you intend on moving to the United States and have the necessary amount of money to invest in a U.S. business through the EB-5 visa program, we may be able to help you get started in this program. For more information about the visa program’s process, contact the EB-5 visa attorneys of White & Associates today by calling 818-730-3540.
