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Question:

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How can I qualify a well-known restaurant for EB-5? I plan to help a well-known Asian restaurant brand open 20 new restaurants in New York City within two years. How can I make that expansion qualify as an EB-5 project? What requirements will I need to keep in mind?

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Answers:

June 13, 2014 14:25 Sal Picataggio

Franchises are becoming a popular avenue for EB-5 investors. A new commercial enterprise can be established to make loans or investments into the franchise locations as the job creating entities, and the jobs created can be pooled. Consider retaining EB-5 counsel who can coordinate with business attorneys familiar with franchises, and with economists familiar with this arrangement.

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June 13, 2014 15:27 Ed Beshara

Based on our law firms experience we can structure your restaurant project as a direct EB-5 or as a regional center EB-5 project. We also can prepare a structure which would allow the opening of the restaurants one at a time.

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