job creation requirements
Regardless of which one of the two programs the investor decides to utilize, the investment is required to stimulate and contribute to the economy by creating a requisite number of jobs. Generally, the investment must create or preserve at least 10 full-time jobs for qualifying U.S. workers within two years of the immigrant investor’s admission to the United States as a Conditional Permanent Resident.
There is a key distinction in the job creation/preservation requirements depending on the EB-5 program utilized by the investor. Where the investor chooses to utilize the Direct EB-5 Investment, the investment must create 10 direct full-time jobs for U.S. workers. Full-time employment means employment of an individual by the new commercial enterprise in a position that requires a minimum of 35 working hours per week. In the case, where the investor chooses to invest through the EB-5 RC Investment program, the investor may receive credit for not only the jobs that are created directly, but also those jobs that are created indirectly and or induced by the investment made by the investor.
Hence, an individual that does not desire to operate a business on a day to day basis may still take advantage of the EB-5 Investment program by investing through the EB- RC program.
There is a key distinction in the job creation/preservation requirements depending on the EB-5 program utilized by the investor. Where the investor chooses to utilize the Direct EB-5 Investment, the investment must create 10 direct full-time jobs for U.S. workers. Full-time employment means employment of an individual by the new commercial enterprise in a position that requires a minimum of 35 working hours per week. In the case, where the investor chooses to invest through the EB-5 RC Investment program, the investor may receive credit for not only the jobs that are created directly, but also those jobs that are created indirectly and or induced by the investment made by the investor.
Hence, an individual that does not desire to operate a business on a day to day basis may still take advantage of the EB-5 Investment program by investing through the EB- RC program.