Introduction to EB-5
Are you seeking an EB-5 team who can assist you in developing and forming an EB-5 Regional Center or EB-5 Project and attaining USCIS approval?
At Figeroux & Associates, our team of attorneys, economists, business plan writers, and marketing professionals, can successfully obtain USCIS approval for an EB-5 Regional Centers or EB-5 Project and is the “go to” team for your EB-5 objectives.
The EB-5 visa provides a direct path to permanent residency in the U.S for foreign investors and their family. To qualify an investor must invest at least $500,000 in a new commercial enterprise and create 10 jobs. If the commercial enterprise is located outside of a targeted employment area the minimum investment amount is $1,000,000. Some investors like to start their own business, while others prefer to take a more hands-off approach and invest through a Regional Center.
Regional Centers have been pre-approved by USCIS for EB-5 investments. The Regional Center takes care of the day-to-day aspects of running the business and ensuring a sufficient number of jobs are created leaving the investor free to enjoy life in the United States. Also, most Regional Centers are located in TEA areas that only require a $500,000 investment. The Immigrant Investor Pilot Program Pilot Program was created by Section 610 of Public Law 102-395 (October 6, 1992).
This is different in certain ways from the basic EB-5 investor program. The Pilot Program began in accordance with a Congressional mandate aimed at stimulating economic activity and creating jobs for U.S. workers, while simultaneously affording eligible aliens the opportunity to become lawful permanent residents. Through this innovative program, foreign investors are encouraged to invest funds in an economic unit known as a Regional Center.
We have the task force that you need to obtain an approved EB-5 Regional Center and will work with you to do the following:
- Develop the EB-5 business plan for your Regional Center and Project.
- Perform the econometric study through our world-renown EB-5 economists.
- Determine the appropriate job creation model for your project.
- Structure your EB-5 offering documents so that they will be marketable to the EB- 5 investors.
Develop your complete EB-5 marketing plan and establish a strategy that will be used to raise capital from foreign investors.
Our team regularly travels the world to promote the EB-5 Regional Center program, and have the pulse of the EB-5 market, to structure your EB-5 Regional Center and EB-5 Project so that it is attractive to the foreign investor. By paying close attention to the details of your project, we will ensure that your Regional Center Project is set apart from the competition and more attractive to EB-5 applicants from around the world who are looking to immigrate to the United States through the EB-5 Investor Visa Program.
Here is some more information on the EB-5 Program (click on the following links):
- Our EB-5 Immigration Services Offered
- If you are considering retaining Figeroux & Associates
- RFE – Burden of Proof & Standard of Evidence
- USCIS intends to create a dedicated EB5 Program Office
- How to avoid being defrauded by Regional Centers
- I-829 Conditions Removal Denials
- Removal Proceedings and Practice Issues for Denied I-829s
- EB-5 Questions and Answers
- Online Case Status Check System Operated by USCIS
EB-5 Investor Consultation
Our firm has had clients who looked like good matches for the EB-5 program, but once we dug deep into their personal and business circumstances, we realized that an L-1A or E-2 visa was a better visa for the client. We urge anyone considering an EB-5 visa to first review their suitability for the visa with Figeroux & Associates, experienced U.S. immigration attorneys before moving to the selection of a Regional Center.
If you are interested in using the EB-5 Visa program to earn US Citizenship, our evaluation is a helpful tool to get the facts while saving time. Simply complete the form below and we will work with you to determine if you are a candidate for the EB-5 Visa program. When you submit your information to EB5Investors for a free EB-5 Evaluation, we will review the information you have submitted and call you to discuss the EB-5 Visa. We will assist you by evaluating your situation and assessing your eligibility to participate in the EB-5 program, for general immigration purposes.
When submitting information to EB5Investors, please provide as much detail as possible. By providing us with information about your personal situation, we can more accurately assist you. Be aware that submitting this form does not create any sort of attorney-client bond, so do not submit any sensitive personal information or confidential information. As you complete this form, please be sure to complete each field accurately. We will use your contact information to contact you.
How Can I Turn My Business Concept Into An EB-5 Project?
For example: I have several different concepts on paper with business plans and I am ready to start but need funding. I am looking for ways in which someone like me can attract an EB-5 investor’s interest. Do EB-5 investors only fund established businesses and not concepts? Also, are there companies out there can help me attract such investors? Each of my concepts would require about $300,000 at a minimum, to get off the ground; we’re not talking about millions here like some other businesses or franchises require.
Answer: You can structure your new businesses as EB-5 compliant ventures. First of all, you need to determine the location of new businesses. If you locate the new businesses within a Targeted Employment Area (a distressed urban or rural area abbreviated as TEA); then each EB-5 investor must invest a minimum required amount of $500,000. Therefore, if you want to attract EB-5 investors you must offer a $500,000 versus a $300,000 investment opportunity. Otherwise, when the new business is not located within a TEA, each EB-5 investor must invest at least $1,000,000 in order to qualify for EB-5 status. The spirit of EB-5 is job creation. Each investment venture must create ten new jobs during the EB-5 two year conditional residency period. Therefore, to attract an EB-5 investor your new venture must generate enough direct jobs to satisfy the job creation requirement.
You can contact us so that we can better assist you. In order to attract EB-5 investors, you will need to have a solid track record, credentials and a solid business plan to present to potential investors. There are many ways to develop your business idea to attract and win EB-5 investor funding. However, you must work with people who have the experience and knowledge to properly guide you to ensure the best results.
The most reliable channel to find potential investors for EB-5 qualifying projects is through referrals. You can also utilize foreign agency companies. Our firm offers a free initial consultation for direct EB-5 qualifying projects.
Please take advantage of our free initial evaluation or consultation before you retain us. We are bilingual in English and Spanish. Please feel free to use your preferred language below. We would like you to write your questions below before our phone or office conversation. This will allow our attorneys to consider your questions carefully before they respond to you. Please provide us with detailed information so that we can conduct a thorough and accurate evaluation of your proposal.
What does our free evaluation/consultation cover?
- A careful review of the information you provide.
- An objective evaluation of your case.
- An explanation of our opinions on what options are available to help you achieve your goals.
- An estimation of costs that will occur.
What does our free evaluation not cover?
- Complex cases that require us to spend substantially more than the normal amount of time on legal research based on our experience.
- Specific questions to facilitate your self-representation.
- When you have been represented by another attorney and you want to ask for a second opinion on your case. For those cases, we will ask you to schedule a fee-based service.