INVESTOR PARTNERING VIA THE EB 5 PROGRAM
Multi-million dollar ventures can be a part of the EB 5 investor program for Indians. Part of the role of the Regional Center is to help facilitate partnerships involving developers and investors.
Established in 1990, the purpose of this program is to create more U.S. jobs while further stimulating the economy. Additionally, in 1992 the U.S. Congress created the Immigrant Investor Pilot Program.
This allowed for the creation of Regional Centers, which enable investment funds to be combined into USCIS designated enterprises.
Applicants have the ability to create or start a business in any desired U.S. location.
Suppose a visa or the investor visa program applicant has a Business Plan for a $5,000,000 operation which would create a minimum of 100 new full time jobs. This applicant could invest his/her $1,000,000 and demonstrate the creation of ten full time jobs.
How The Regional Center Helps with EB 5 Program Partnering
With the help of the Regional Center, the goal would be to find four more investors to do the same. These five investors would combine for the $5,000,000 venture, create 100 full time jobs, as well as meet the other requirements.
This allows for those who wish to invest rather than create their own business to be able to participate.
The EB 5 investor program for Indians allows for the creation and Business Plan for a multi-million dollar venture.
Meanwhile, a U.S. based investor could utilize the visa or investor visa program as a potential funding source. It could be for a new business or to help with expanding an existing one.
If an applicant is a developer, there is an additional process. This includes submitting form I-924.
The geographic location combined with the industrial scope of the project must be carefully detailed. Additionally, the overall economic impact and the creation of specific jobs must be detailed. Consequently, the number of investors needed plays a role in the number of full time jobs required. (The minimum 10 full time jobs per investor must be factored in.)
The Regional Center is prepared to help developers to determine whether or not a project would be an ideal fit for EB 5 investors.
Recent statistics confirm that the majority of visa or investor visa program applicants choose to invest ahead of creating their own business. However, this does not make creating the Business Plan any less challenging.
The approval process is likely to take months longer with additional investments required. Applicants may also need to respond to additional USCIS requests for evidence. The result could be added months or years, depending upon the overall scope of the proposed project. Partnering, whether you are seeking for your own business or wishing to invest with others, remains a viable option.
Additional information can be found in this Wikipedia article As well as this Wiki page