[Q] Can EB-5 requirements be met by creating jobs in a property management company managing a large apartment building?
[Q] For a direct EB-5 case, can investor invest in a large apartment building, and then create a management company to run it? Job creation will be in the management company, while the funds will be mostly invested in the property. The strategy I believe, should be the investor invest in a holding company, the holding company then purchases the apt complex. The holding company will also create a management company to create the necessary job opportunities. Can this be done?
We don't see any problem, as long as the management company creates requisite jobs. Whether the underlying property is an apartment building or a shopping center, as long as the management company creates the jobs, that should be that.