When investing in the United States through the EB-5 visa program, should you choose a troubled existing business, a regional center, or a brand new enterprise? The answer depends on how involved you want to be, how many risks you are willing to take, and what you want out of your investment. Below, we’ve listed the pros and cons of investing in a new enterprise in order to secure an immigration visa to the United States.
The benefits of investing in a new enterprise through the EB-5 program:
- You get to choose a new business that fits your interests rather than fixing an already-existing business.
- You have control over some day-to-day operations of the business and can have a strong hand in directing and leading the company.
- Your business choice may not be as risky because you are picking a business model that you can trust and that you have confidence in.
- You can choose whether your business will be located in an area of high unemployment or an economically distressed area.
- You have the opportunity to pool your investment with other foreign investors to invest in a larger enterprise.
The risks of investing in a new enterprise through the EB-5 program:
- You are responsible for creating ten new jobs in the area and employing ten new people.
- Your new business will come with the risks of all new businesses in America.
- If your business idea doesn’t work out within two years, you could lose your $500,000 or $1 million investment.
- You must provide the United States with a good or service.
- Unless you are expanding an existing business, you have to start from scratch – something that can be very time-consuming.
The EB-5 investment visa is an excellent way to ultimately gain permanent residency in the United States. However, it is vital that the investment you make is the right one for your circumstances and for your family. To learn more about the option of starting your own enterprise – and other EB-5 investment options – call a San Francisco immigration lawyer at the Law Offices of Vaughan de Kirby today.