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Franchise business qualify?
Question:
"I have a client who is interested in investing in a restaurant franchise. I have never processed an EB-5 case for such an investment before. One concern I have is whether a franchise would be too hands off for EB-5 purposes. What do you think?"
In our opinion, franchise should be no problem, as long as the investor is a Board Member or an executive officer. Note that unlike E-2, EB-5 investor does not have to have 50% or more control. Just being involved in business operation or being able to vote should do it.