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Question:

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How does shareholder status affect EB-5 visa eligibility? I am not a U.S. resident, but I had an LLC firm which was bought by a California corporation and now I am shareholder in that corporation. Since I am an officer in that company and involved in the day-to-day operations, would I still be able to apply for an EB-5 visa? How does shareholder status affect EB-5 visa eligibility?

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Answers:

December 15, 2014 10:02 Ed Beshara

A foreign national connotation be involved in the day to day operations without the legal immigration status to be able to do so. If the USCIS or the U.S. Consulate determine the foreign national was unauthorized to work in the U.S., then this may be a ground of inadmissibility and therefore will effect the ability to obtain the conditional permanent residency.

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