subject: Taking Advantage of the Indirect Job Creation with the EB-5 Visa [print this page] Taking Advantage of the Indirect Job Creation with the EB-5 Visa
The two major EB-5 visa requirements are investing USD 1,000,000 (or USD 500,000 in Targeted Employment Area) in an approved EB-5 investment project and creating or sustaining 10 full-time jobs using that investment.
In this article let us concentrate on EB-5 job creation guidelines, paying specific attention to indirect EB-5 job creation.
The EB-5 investor visa program requires EB-5 investment funds to create or sustain 10 full-time jobs for US citizens, lawful permanent residents or other immigrants legally authorized to be employed in the United States.
An important advantage of investing in a project with EB-5 Regional Center designation is the "indirect" nature of the EB-5 job creation, which is less difficult to achieve than the "direct" creation of 10 new jobs. In this case, the EB-5 requirement to create at least 10 new full-time jobs can be satisfied by showing that as a result of the EB-5 investment and the activities of the new enterprise at least 10 jobs will be created directly or indirectly in the region through an employment creation multiplier effect. To make it clear, these Jobs do not have to be directly related to the EB-5 project and can, for example, include certain construction jobs during the construction phases of the project, or jobs created at other businesses as a result of the EB-5 project being developed.
The jobs must be proven to exist at time of EB-5 visa application or there must be proof that the required jobs will be created before the end of the two-year period of Conditional Permanent Residence.
Both EB-5 Regional Center and EB-5 investor can take advantage of "indirect" EB-5 job creation in the way that it makes it easier to meet EB-5 visa requirements. However, it is not always safe to rely strictly on indirect job creation. Therefore, we recommend EB-5 investors look for EB-5 Regional Center projects that provide a combination of direct and indirect EB-5 job creation.
For information about which of currently active Regional Center projects utilize both direct and indirect job creation to satisfy investor's EB-5 requirements, please contact us via email at info@exclsuivevisas.com.
