If using EB5 investor capital to buy an existing hotel, does this qualify for job creation? If not, what will be the best way to structure the acquisition in order to satisfy EB5 requirements? I have read that if assuming an existing entity then EB5 does not qualify unless the property is able to increase NOI or expand business. But what if a new LLC entity is created and used to buy the asset, does that qualify for EB5 requirements?
EB-5 investments can be in an existing business. A new company buying the assets of an existing business at not be considered to be a new commercial enterprise for EB-5 purposes.