MR. MYER ADVISES U.S. COMMERCIAL ENTERPRISES ON CONDUCTING OFFERINGS TO IMMIGRANT INVESTORS IN COMPLIANCE WITH THE REQUIREMENTS OF THE EB-5 PROGRAM.
In providing such advice, Mr. Myer drafts offering memoranda, limited partnership agreements and subscription documents. He also advices on structuring offerings in compliance with both Regulation S and Regulation D.
The U.S. created the employment-based fifth preference immigrant visa category in 1990 for immigrants who invest in and manage U.S. commercial enterprises that benefit the U.S. economy. Each investment enterprise must create or save at least 10 full-time jobs for U.S. workers. $1 million is the minimum required investment amount, although that amount is reduced to $500,000 if the investment is made in a high unemployment area or qualifying rural area, so called “Targeted Employment Areas”.