When seeking an EB-5 visa, one important consideration is how many EB-5 applicants a single enterprise can support. The answer varies based on the application date and whether the investment is through a regional center or a standalone direct investment. Understanding these distinctions is crucial for a successful EB-5 application.
Regional Center Projects
Regional Center projects are large-scale ventures such as resorts, shopping centers, or other significant developments. These projects allow multiple EB-5 applicants to pool their funds into a single enterprise. This pooling is possible because regional center projects can create both direct and indirect jobs, making it easier to meet the job creation requirements for multiple investors. Therefore, more than one EB-5 applicant can apply through a single regional center project, making it an attractive option for many investors.
Standalone Direct Investment
In contrast, standalone direct investment projects have stricter limitations. As of March 15, 2022, a single (only one) direct investment enterprise can support only one EB-5 applicant. This means that only one investor can individually meet the investment and job creation requirements for one company. The new rule eliminates pooling resources with other investors.
Historical Context
Before March 15, 2022, the rules were different. Direct investment projects could support more than one EB-5 applicant, provided that each investor’s application was filed before this date. This historical flexibility allowed multiple investors to jointly support a single enterprise, but this is no longer the case for new applications.
Conclusion
In summary, the number of EB-5 applicants a single enterprise can support depends on the type of investment and the application date. Regional center projects offer more flexibility, allowing multiple investors to pool their resources. In contrast, standalone direct investment enterprises are limited to supporting only one EB-5 applicant per enterprise if the application was filed on or after March 15, 2022. Understanding these differences is essential for planning a successful EB-5 investment.
If you have any questions about the EB-5 program or need help with your application, we invite you to take advantage of our free resources or book a consultation. Our experienced team is dedicated to helping you achieve your immigration goals.
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