{"id":3679,"date":"2013-05-02T22:19:45","date_gmt":"2013-05-02T22:19:45","guid":{"rendered":"https:\/\/sunbelteb5.com\/?page_id=3679"},"modified":"2016-12-30T12:50:00","modified_gmt":"2016-12-30T12:50:00","slug":"eb-5-visa-description","status":"publish","type":"page","link":"https:\/\/sunbelteb5.com\/?page_id=3679","title":{"rendered":"EB-5 Visa Description"},"content":{"rendered":"

More About the EB-5 Visa<\/strong><\/h2><\/span>
<\/div><\/div><\/div><\/h4>\n

\"Visa<\/a><\/p>\n

USCIS administers the Immigrant Investor Program, also known as \u201cEB-5,\u201d created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. Under a pilot immigration program first enacted in 1992 and regularly reauthorized since, certain EB-5 visas also are set aside for investors in Regional Centers designated by USCIS based on proposals for promoting economic growth.<\/strong><\/h4>\n

All EB-5 investors must invest in a\u00a0 New\u00a0Commercial Enterprise (NCE)\u00a0, which is a commercial enterprise:<\/strong><\/h4>\n
<\/div><\/div><\/div>
    \n\n
  • <\/i><\/span>
    1.\u00a0Established after Nov. 29, 1990, or<\/strong><\/div><\/li>\n
  • <\/i><\/span>
    2.\u00a0Established after Nov. 29, 1990, or<\/strong><\/div><\/li>\n
  • <\/i><\/span>
    \u00a0 \u00a0 \u00a01.\u00a0\u00a0Purchased and the existing business is restructured or reorganized in such a way that a new commercial enterprise results, or<\/strong><\/div><\/li>\n
  • <\/i><\/span>
    \u00a0 \u00a0 \u00a02. \u00a0Expanded through the investment so that a 40-percent increase in the net worth or number of employees occurs<\/strong><\/div><\/li>\n\n<\/ul>\n

    Commercial enterprise means any for-profit activity formed for the ongoing conduct of lawful business including, but not limited to:\u00a0<\/strong><\/h4>\n
    <\/div><\/div><\/div>
      \n\n
    • <\/i><\/span>
      A sole proprietorship<\/strong><\/div><\/li>\n
    • <\/i><\/span>
      Partnership (whether limited or general)<\/strong><\/div><\/li>\n
    • <\/i><\/span>
      Holding company<\/strong><\/div><\/li>\n
    • <\/i><\/span>
      Joint venture<\/strong><\/div><\/li>\n
    • <\/i><\/span>
      Corporation<\/strong><\/div><\/li>\n
    • <\/i><\/span>
      Business trust or other entity, which may be publicly or privately owned<\/strong><\/div><\/li>\n\n<\/ul>\n

      This definition includes a commercial enterprise consisting of a holding company and its wholly owned subsidiaries, provided that each such subsidiary is engaged in a for-profit activity formed for the ongoing conduct of a lawful business.<\/strong><\/p>\n

      NOTE:\u00a0This definition does not include noncommercial activity such as owning and operating a personal residence.<\/strong><\/em>

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