You are hereForums / Users Forum -- Answers to Your Questions / Direct Individual (non-RC) EB-5 Cases / Suppose within a TEA there is no regional center, an investor invest $1,000,000 and set up a new business, can he file I-526

Suppose within a TEA there is no regional center, an investor invest $1,000,000 and set up a new business, can he file I-526


By colliesun - Posted on 13 August 2010

after investing that money?

Second question is: when he files I-829, can indirect and induced jobs be counted into the overall jobs created because of the initial $1 ml investment? Or only direct jobs can be counted towards the 10-job requirement?

As to your first question, why not? The only thing is that logically, a new commercial enterprise entity should be set up first and then the investment should be made, rather than the reverse, as you need a new commercial enterprise entity established before EB-5 petitioners can "invest" into the new commercial enterprise. As to second question, in a non-regional center EB-5 case, indirect jobs CANNOT count: that's the main difference between a RC case and non-RC (direct, individual EB-5 case). Under your facts, since it's a TEA, you can invest only $500,000 USD. You should review the below link to make sure you understand TEA and regional center concept:

http://eb-5center.com/node/108

Thanks, Dear attorney