EB-5 Interactive Series: Expenses that are Includable (or Excludable) for Job Creation
Thursday, June 4, 2015 – 1 to 2:15 p.m. (Eastern)
U.S. Citizenship and Immigration Services (USCIS) invites you to participate in the second engagement of the informational series “EB-5 Interactive” on Thursday, June 4, from 1 to 2:15 p.m. (Eastern). The topic of discussion will be expenses that are includable (or excludable) for purposes of estimating job creation.
Economists from the Immigrant Investor Program will make a short presentation and answer non-case specific stakeholder questions concerning this topic.
Why This Is Important
In the Immigrant Investor Program, regional centers and immigrant investors must submit evidence of job creation as a result of investment in a new commercial enterprise. Immigrant investors must file a Form I-526 petition accompanied by evidence that the investment will directly or indirectly create full-time jobs for at least ten qualifying people.
Most regional centers and immigrant investors rely on multiplier tables (also known as input-output modeling) to estimate the number of jobs created. To obtain a valid result, the inputs must be eligible expenses for job creation purposes.
Some types of expenses, such as transfers and transactions costs, are ineligible or limited in their job creation capabilities.
See 8 C.F.R. sections 204.6(m)(3)(ii), 204.6(j)(4)(iii) and 204.6(m)(3)(v).
Who Should Participate
This session is open to the public, but may be most useful to those who have submitted, or will be submitting Form I-924, Application For Regional Center Under the Immigrant Investor Pilot Program and Form I-526, Immigrant Petition by Alien Entrepreneur.
To register for this session, please follow the steps below:
- Visit the USCIS registration page to confirm your participation
- Enter your email address and select “Submit”
- Select “Subscriber Preferences”
- Select the “Event Registration” tab
- Provide your full name and organization
- Complete the questions and select “Submit”
Once we process your registration, you will receive a confirmation email with additional details. If you have any questions regarding the registration process, or if you have not received a confirmation email within two business days, please email USCIS at Public.Engagement@uscis.dhs.gov.