Jobs created through EB-5 investments can be classified into direct, indirect, or induced jobs. In some cases, the EB-5 visa applicant may need to prove that their investment directly resulted in the creation of direct jobs within the business that received the EB-5 capital.
• Indirect jobs are those created in businesses or enterprises affiliated with the EB-5 Regional Center, such as suppliers of goods or services. These jobs can only be counted if the investment is made through a USCIS-designated regional center.
• Induced jobs are created in the local community due to increased spending by employees of the EB-5 projects. These positions are indirectly linked to the economic activity stimulated by investment.
USCIS defines a qualified employee as anyone legally authorized to work in the United States, which includes U.S. citizens, permanent residents, and some individuals under suspension of deportation or with other specific immigration statuses. Employees who do not meet these criteria, such as the foreign entrepreneur or the investor’s family members, cannot be counted towards the job creation requirement.
USCIS allows the counting of preserved jobs in troubled businesses. A troubled business is one that has faced a net loss of at least 20% of its value in the 12 to 24 months prior to the I-526 petition submission. Only these preserved jobs can be counted under the EB-5 program.
Are you ready to begin your journey with EB-5 Lending Alliance? Contact us today to learn more about our investment opportunities and how we can assist you with the EB-5 visa journey. Our team is here to answer any questions and guide you every step of the way.