How is a “commercial enterprise” defined by the USCIS?
Foreign nationals applying for EB-5 visa should understand that they are making contributions to the U.S. economy by investing in commercial enterprises. The U.S. Citizenship and Immigration Services (USCIS) define a commercial enterprise as a kind of legal business designed to generate profit.
Foreign nationals who have decided to invest a capital of $500,000 or $1 million may engage in certain types of businesses, such as a sole proprietorship, partnership, joint venture, holding company, corporation, or any publicly or privately held businesses that already exist. The USCIS also requires foreign investors to maintain at least ten full-time eligible employees who are qualified to work in their chosen commercial enterprise.
If you have decided to seek citizenship in the United States and want to learn more about the EB-5 visa program, a skilled immigration attorney can help ensure that you meet all of the requirements during the application process. Get in touch with a lawyer at the AmLaw Group today by calling (305) 509-6400 to find out how we may help you.