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[HOT] Purchasing an existing business and doing a direct, individual EB-5 case


There is nothing wrong with purchasing an existing business for the purpose of applying for an E-2 visa, but this method may cause potential problems if your goal is to do a direct, individual EB-5 case based on the purchase of an existing business.

This is because there is a requirement to create new, ten full-time positions. The word "new" means that these jobs should be created in addition to the existing jobs prior to your investment. Practically, this is not as easy as it seems.

If the business qualifies as a "troubled business", then you may qualify by saving all existing jobs that are over 10 full-time jobs.

Many people have attempted all kinds of "creative" approaches, but all of these carry risks that USCIS may argue you have not created any "new" jobs through your investment. Therefore, tread carefully when you are purchasing an existing business.