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Question:

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Do older franchises count for EB-5? I would like to invest in a Carl's Jr Restaurant, does a new franchise Carl's Jr qualify as a new enterprise even though the original was established in 1941 and franchising began in 1984?

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Answers:

November 21, 2013 15:33 Sal Picataggio

In all likelihood, yes, as the actual job creating entity will be a new enterprise, not an existing enterprise that you are purchasing. In fact, having an establish brand behind you, like Carl’s. Jr., could even help.

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November 20, 2013 09:53 Ed Beshara

First please hire an experienced EB-5 attorney who will be able to guide you through the EB-5 process as it relates to franchises. You may invest in a new commercial enterprise which creates employment and also operates under a franchise brand name.

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