Yes, a biodiesel plant can qualify for the EB-5, as long as it meets all program requirements. The type of business matters less than the project’s ability to generate the required jobs on a full-time basis for workers in the United States as a direct result of the investment.
The decisive factor is typically job creation. The positions must be full-time and must effectively stem from the capital contributed. If the jobs already existed and have no direct connection to the new investment, it may be necessary to demonstrate that the operation will generate additional positions that satisfy the program’s requirements.
In addition, the project must show economic viability, a solid business plan, and the lawful source of the funds. A venture such as a biodiesel plant will only hold up under review if the documentation clearly connects the invested capital to the jobs created or preserved.
- The industry sector is not what determines eligibility; the creation of qualifying jobs is.
- Positions must be full-time and directly tied to the investment.
- Economic viability and lawful source of funds are indispensable.
Since each project has its own particularities, it is worth validating the structure with specialists and confirming updated requirements with USCIS before investing.
Learn more about EB-5
- Type
- Investment Green Card
- Min. investment
- US$ 800,000
- Jobs created
- Minimum 10 (full-time)
- Processing
- 24-48 months
About the author
Victoria Harper
Editor-in-Chief
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.