Investing in a New Enterprise
Under the employment-based program that creates an EB-5 visa, a person must contribute their investment money to a new commercial enterprise. What constitutes a new enterprise is very clearly and specifically outlined by the applicable laws. So long as the business fulfills these requirements and is considered a legal enterprise in the United States, a person can use this entity as the target for their EB-5 investment.
Contact the EB-5 visa lawyers of White & Associates at 818-730-3540 today for assistance seeking a visa associated with your planned investment in a new enterprise. We can help you at every phase of the process and have the experience necessary to offer the insight and representation that you need.
Defining a New Enterprise
The EB-5 investment program requires an investor to place $1 million in investment for a new American commercial enterprise. If an investor wants, they can work through a regional center, which cuts the investment cost in half and channels the money into a high-unemployment area. According to the government, the following constitute “new commercial enterprises”:
- Any business established after November 29, 1990
- A business that was established on or before November 29, 1990 which has been purchased and substantially restructured after that date.
- A business established before or on November 29, 1990 that has experienced a 40 percent improvement in value or expansion of employment due to the visa-seeker’s investment
Contact Us
Permanent residency in the United States can be fast-tracked through an EB-5 program. However, these programs can include some complex requirements. To learn more about your options, contact the EB-5 visa attorneys of White & Associates by calling 818-730-3540 today.
