Company Requirements

The North Dakota/Minnesota EB-5 Regional Center, is constantly in the process of screening investment opportunities. Unfortunately, not every business venture will meet the requirements of the EB-5 program set forth by the U.S. Citizenship and Immigration Services (USCIS) or those unique to the North Dakota/Minnesota EB-5 Regional Center.

Geographic Region
The project must be in the state of North Dakota or Minnesota. We seek projects that are located in a Targeted Employment Area or in an area that can be reclassified as one. We have an economist on staff who can help determine a location’s eligibility to be reclassified, if not already in a Targeted Employment Area.

Map of Targeted Employment Area in North Dakota and Minnesota

Create 10 jobs per EB-5 Investor
A project must be able to create at least 10 full-time jobs for qualifying U.S. workers within two years of the investment per EB-5 investor. When working through a regional center indirect and induced jobs, in addition to direct jobs, count towards the job creation.

Seeking $10M in EB-5 Financing
Due to market demands, EB-5 is best suited for mid-to-large size projects. Typically, we look at projects that are seeking a minimum of $10M in EB-5 financing.

Financing Mix
We look for projects that have a diversified mix of financing. This could include equity investments, secured bank loans, bonds, and government financing. We require that the developer invest what we deem an appropriate amount of equity into the project as well. Additionally, we look for projects seeking no more than 30% of the total capital size in EB-5 .

Clear Exit within 5 Years
EB-5 investors are looking for a clear exit of their investment.  Most EB-5 projects strive to return the principals investment, plus interest, within 5 years of the initial investment.

New or Expanding Company
New Company: created or restructured after November 19, 1990
Expanding Company: existing net worth or number of employees by a minimum of 40%