Does the EB-5 allow a ‘joint venture’ with an American?

Yes. The EB-5 program allows the investment to be made through a joint venture, including in partnership with a U.S. citizen. What matters is not the nationality of the partner, but whether the structure meets all the program’s requirements.

For a joint venture to work within the EB-5, a few points need to be clearly addressed:

• The lawful source of the invested funds, properly documented.
• A genuine role for the foreign investor in the management or oversight of the business.
• The required job creation tied to the enterprise, as mandated by the program.

A partnership with an American can be advantageous, as it brings local expertise and helps with day-to-day management. However, this collaboration must be formalized with legal counsel to ensure the structure does not create gaps that could jeopardize the immigration process.

Because the EB-5 is a detail-oriented program, careful attention to documentation and compliance with the relevant authorities, such as the USCIS, is essential. It is advisable to verify the updated requirements and structure the operation with experienced professionals, without relying on promises of guaranteed approval.

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.