I want to create 10 to 20 jobs by buying a 150+ key hotel in Taos, New Mexico. How could this investment qualify to attract capital from EB-5 investors? Should I create a regional center for this?
Answers
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Richard A Gump, Jr
Find the Best EB5 Visa LawyersYou do not want to create a Regional Center for a one-off hotel purchase. It is too expensive and cumbersome. You may wish to approach an existing Regional Center with your proposed project. If you do a standalone, make sure you create 10 new W-2 jobs. You cannot have additional EB-5 investors in a standalone.
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Lynne Feldman
Find the Best EB5 Visa LawyersIf you are the only EB-5 investor then simpler to do as a private project and not go through time and expense of setting up a Regional Center. Alternatively, you can sometimes affiliate with an existing Regional Center if there will be multiple EB-5 investors.
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Michael A Harris, Esq
Find the Best EB5 Visa LawyersTo attract EB-5 investors for a hotel acquisition project in Taos, New Mexico, it would be prudent to consider partnering with an existing regional center. This approach is advantageous given the significant processing times associated with creating a new regional center and the likelihood that an operator is already active in the state. Whether your project qualifies to use EB-5 capital will depend largely on demonstrating sufficient indirect job creation. Given the complexity and specific requirements of the EB-5 program, including compliance with regional center operations and job creation thresholds, working with experienced professionals and consulting an immigration attorney is crucial to ensure your project aligns with program criteria.
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