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The EB-5 Immigrant Investors Program provides 10,000 immigrant visas
to investors who want to establish a new business and create at
least 10 full-time jobs.
The standard amount required to invest is $1 million (U.S.), although
the lesser amount of $500,000 investment may satisfy the requirement
if invested in a targeted employment area.
The new enterprise must: (1) have been established by the alien;
(2) be one in which the alien has invested or is in the process
of investing $1 million (or $500,000, if investing in a targeted
employment area) and, (3) the investment benefits the U.S. economy
and creates full-time employment for at least 10 U.S. workers.
A new commercial enterprise may be established in three ways: (1)
by creating an original business; (2) purchasing and restructuring
an existing business; or (3) expanding and thereby substantially
changing the net worth or number of employees in a business so that
there is a 40 percent increase in net worth or in the number of
employees.
No. The investor, his or her spouse and children may not be counted
to satisfy this requirement. The 10 employees must be U.S. citizens,
lawful permanent residents or other immigrants lawfully authorized
to be employed in the United States.
No. The Immigration and Naturalization Service does not require
retention of employees until a reasonable time after conditional
visa issuance.
The EB-5 process is started by the investor filing Form I-526 with
the Service Center with jurisdiction over the location where the
commercial enterprise will be located. If in legal status, the EB-5
investor may also file an application for adjustment of status to
permanent residence by filing Form I-485.
The investor, his or her spouse and minor children may obtain an
immigrant visa under the EB-5 program.
A "targeted employment area" is defined as a rural area
or an area which has experienced high unemployment
(150.0 percent of the national average unemployment rate during
a comparable time period).
Areas in Florida that qualify as rural areas are as follows:
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Baker
County
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Jackson
County
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Bradford
County
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Jefferson
County
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Calhoun
County
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Lafayette
County
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Citrus
County
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Levy
County
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Columbia
County
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Liberty
County
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DeSoto
County
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Madison
County
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Dixie
County
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Monroe
County (excluding Key West City)
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Franklin
County
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Okeechobee
County
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Gilchrist
County
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Putnam
County
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Glades
County
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Sumter
County
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Gulf
County
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Suwannee
County
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Hamilton
County
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Taylor
County
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Hardee
County
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Union
County
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Hendry
County
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Wakulla
County
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Highlands
County
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Walton
County
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Holmes
County
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Washington
County
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Indian
River
County
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- Ft. Pierce- Port St. Lucie MSA (including Martin and St. Lucie
counties)
- Delray Beach City (in Palm Beach County)
- Miami City (in Miami-Dade County)
- Miami Beach City (in Miami-Dade County)
- North Miami City (in Miami-Dade County)
- Riviera Beach City (in Palm Beach County)
The information contained herein is intended
for general informational purposes only. It is not intended as legal
advice. You must consult with an attorney to obtain specific, comprehensive
legal advice. Please note that information as well as government
fees are subject to change without notice. For current fees and
information contact the respective government agency directly.
The information contained herein is intended for general informational purposes only. It is not intended as legal advice. You must consult with an attorney to obtain specific, comprehensive legal advice. Please note that information as well as government fees are subject to change without notice. For current fees and information contact the respective government agency directly.
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