EB-5 Deal Structure

[BKH]

Greetings All,

Is it within the EB-5 program parameters to have a foreign investor buy a building for the specific purpose to house my restaurant project. My thought is that the foreign investor would, separate from the EB-5 program, buy a building with the intention of housing the EB-5 project restaurant. Please note that I am not looking for the purchase of the building to be part of the EB-5 program and create jobs. This would be a separate personal investment for the foreign investor... not part of the EB-5 deal.

This would help identify/secure a site and allow for a benevolent landlord. The foreign investor's building would have a ready tenant. The foreign investor's $500k EB-5 investment risk would be mitigated by the improvement to his own building. This should give a foreign investor a warm and fuzzy feeling. 

Is this legal, reasonable, and marketable within the EB-5 program? 

Is there an immigration structure already in place for this approach?


Please advise.

Thanks in advance,

[JoeF]

If you have the money required for an EB5 case, you sure can pay for a consultation with an immigration lawyer, do you?