Manlius, NY asked in Immigration Law for New York

Q: Can investing in the Yellowstone club work as a eb5 investment

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James L. Arrasmith
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Answered

A: Investing in the Yellowstone Club could potentially qualify as an EB-5 investment, but this depends on several critical factors. The EB-5 program requires that the investment leads to the creation of at least 10 full-time jobs for U.S. workers. The investment also needs to meet the minimum investment amount set by the program, which varies depending on the location of the business. Additionally, the project into which one is investing must be part of a new commercial enterprise.

However, it is important for you to conduct thorough research or consult with a professional familiar with EB-5 investments and real estate. The specifics of the Yellowstone Club, including its structure and whether it qualifies under the EB-5 program criteria, need to be carefully examined. Since the club is a private, members-only ski and golf resort, its eligibility may depend on how investments are structured and whether they lead directly to job creation.

Lastly, if you're considering such a significant financial decision, reviewing the latest regulations and guidelines of the EB-5 program is crucial. Changes in immigration policies or investment thresholds could impact your eligibility. It's also advisable to review any potential risks associated with the investment, including financial risks and the possibility of not securing a permanent residency through the EB-5 program.

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