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Could purchasing rental property and employing property managers qualify as an EB-5 investment?

Because real estate purchases do not involve job creation, the purchase of multiple houses by itself will not likely work for EB-5 purposes. If along with the purchase of the rental properties a business were created to manage the properties—and that business employed 10 or more full-time employees—it may be possible to qualify for the EB-5 Program. An immigration attorney would need to review the specific circumstances to determine if such an investment plan would constitute an approvable project.