Fulshear Central is a mixed use/lifestyle center project, qualified and approved for EB-5 investment by USCIS
Fulshear Central is a mixed use/lifestyle retail and office space project approved for EB-5 investment by USCIS. The project is qualified for raising 17 EB-5 investments, as per Business Plan this project is able to create 400+ full-time jobs for the US citizens. This project is having ample backup in job creation rules as per the USCIS EB-5 norms.
EB-5 is a United States immigration program that provides a pathway to obtaining a Green Card for foreign investors who invest a certain amount of money in a qualifying U.S. business venture.
To qualify for the EB-5 program, an individual typically must invest at least $1.05 million in a new commercial enterprise that creates or preserves at least 10 full-time jobs for qualifying U.S. workers. However, if the investment is made in a Targeted Employment Area (TEA), which is an area with high unemployment or a rural area, the minimum investment requirement is reduced to $800,000.
EB-5 investors and their immediate family members (spouse and unmarried children under the age of 21) can obtain conditional Green Cards initially. If the investment meets the program requirements and creates the required number of jobs, the conditional Green Cards can be converted to permanent Green Cards, allowing the investors and their families to live and work anywhere in the United States.
To qualify for the EB-5 program, an individual typically must invest at least $1.05 million in a new commercial enterprise that creates or preserves at least 10 full-time jobs for qualifying U.S. workers. However, if the investment is made in a Targeted Employment Area (TEA), which is an area with high unemployment or a rural area, the minimum investment requirement is reduced to $800,000.
The EB-5 Immigrant Investor Program requires that all investments be “at risk,” meaning that the capital invested in a new commercial enterprise must be fully exposed. This condition ensures that investors are actively engaged in supporting economic growth and job creation in the U.S. However, with the enactment of the EB-5 Reform and Integrity Act of 2022, significant safeguards have been put in place to increase transparency and protect investor interests.
In addition to the invested amount, there would out-of-pocket expenses which are not recoverable like attorney fee, administration fee, i-526E application processing fee, etc.,
Contact us to learn more about the EB-5 Program for living and working in the United States
Satya Guduru has 15 years of professional experience working on major infrastructure projects in US, Middle East, West Africa, Portugal, Brazil and India. Mr. Guduru's specializations include construction management, planning and scheduling, project risk analysis, procurement, project development and lifecycle, and more