Important Consideration for Selection of EB-5 program
EB-5 program selection requires investor to stay with the EB-5 investment for a period of five (5) years. The most important aspect of the EB-5 program is the job creation mechanism that requires the EB-5 developer to follow through on its promise to create jobs that will last for the period of five (5) years.
In reviewing EB-5 program Investor should carefully consider the following major aspects of the EB-5 project:
·Developer’s business plan for job creation
·Methodology used for job creation
·Does the program create direct, indirect or induced jobs
·What is the likelihood that the investment program will last for at least 5 years
·Developer’s prior track record
·Area consideration for EB-5 investment
·USCIS regulations provide that Developer may not substantially change the business plan that was initially submitted in order to receive approval for regional center designation
·EB-5 Investor should carefully select immigration counsel and investment advisor in order to review the EB-5 regional program offering
·Over aggressive estimates of job numbers creation by Developer
