Can I use EB-5 to buy a gym franchise?

Yes, it is generally possible to use the EB-5 program to invest in a gym franchise, because the program does not restrict the industry or the business model. What matters is not the sector itself, but whether the venture qualifies as a commercial enterprise that meets the program requirements.

In practice, the franchise must be a legitimate, active commercial enterprise with capital that is actually invested and at risk, and it must create the jobs required under EB-5 rules. A franchise often comes with a structured business model and existing projections, which can help with the business plan, but that does not eliminate the need to demonstrate job creation.

• The industry is unrestricted; the business itself must qualify.
• Capital must be invested and at risk in the enterprise.
• Job creation as required by the program must be documented.
• The operation must be lawful and transparent, with a solid business plan.

Because the investment amount and job requirements can change, confirm current requirements with the official source (USCIS) and evaluate the project with a specialist before closing the purchase.

About the author

Victoria Harper

Editor-in-Chief

Meet the author

As a journalist and lead editor at Visto n’ Visa, Victoria helps ensure that immigration topics are covered in a clear, trustworthy, and easy-to-understand way. Her focus is on delivering useful, human, and relevant content for people exploring new paths abroad.