EB-5 Visa (for Employment Creation Foreign Nationals)
FogleLaw2012-03-06T20:56:39+00:00The EB-5 classification was created in 1990 for certain foreign national investors. The two main requirements for obtaining an EB-5 employment based visa is, first, the foreign national must invest $1 million in a new United States business (or $500,000 in a targeted employment area). Secondly, the foreign national must guarantee to provide full-time employment to at least 10 (ten) qualified United States workers (not including the applicant, his/her spouse, his/her children or any non-immigrant workers). A foreign national investor may obtain an EB-5 classification by establishing a new business in the U.S. If there are more than one investor, each [...]