Through the EB-5 visa program, foreign nationals can get a green card by making a qualified investment into the United States. Under current regulations, investors must put at least $500,000 into a targeted employment area (most rural area) or $1,000,000 into a non-targeted area (most urban areas). For the investment to meet the requirements of the EB-5 program, there are several other standards that must be met.<\/p>\n
Most notably, United States Citizenship and Immigration Services (USCIS)<\/a> states that an EB-5 investment must be made into a \u2018new commercial enterprise\u2019. In this post, our top-rated Chicago EB-5 visa attorneys<\/a> explain how the term \u2018new commercial enterprise\u2019 is defined under American immigration law.<\/p>\n To start, foreign nationals seeking an EB-5 visa must invest into a \u2018new\u2019 entity. However, this can be confusing. Under U.S. immigration law, the term \u2018new\u2019 is defined somewhat more broadly than most people realize. There are actually three separate ways to invest in a \u2018new\u2019 enterprise. The applicant can form a new business. Alternatively, the applicant can purchase and reorganize an existing business. Finally, the applicant can invest in and expand an existing business.<\/p>\n If you are forming a wholly new commercial entity, then you will have little trouble satisfying this requirement. Though, things can get far more complicated for immigrant investors<\/a> who are seeking to reorganize or expand an existing company. In these cases, there must be a substantial change in the business. If you are considering this type of investment, you should consult with an immigration lawyer who will make sure that your investment will qualify you for the EB-5 program.<\/p>\n USCIS also requires that the investment be made into a lawful, for-profit business. Here, too, the definition of a \u2018commercial enterprise\u2019 is broad. In fact, an investment into any of the following types of businesses could potentially qualify a person for a green card under the EB-5 program:<\/p>\n If you are making an investment into a complex business, you need to consult with an immigration lawyer who can ensure that your proposed investment actually qualifies as a valid \u2018commercial entity\u2019 under U.S. immigration regulations.<\/p>\n At Kriezelman Burton & Associates, LLC, our skilled Illinois immigration law attorneys have extensive experience handling all aspects of EB-5 visa applications. If you are considering applying for an EB-5 visa, please do not hesitate to contact us today<\/a> for a confidential case evaluation. With offices in Chicago, Libertyville, and Northbrook, we serve communities throughout the region.<\/p>\n","protected":false},"excerpt":{"rendered":" Through the EB-5 visa program, foreign nationals can get a green card by making a qualified investment into the United States. Under current regulations, investors must put at least $500,000 into a targeted employment area (most rural area) or $1,000,000 into a non-targeted area (most urban areas). For the investment to meet the requirements of … <\/p>\nThe Two Required Elements of a New Commercial Enterprise<\/h2>\n
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