Does an EB5 application require a business plan?
Yes. In addition to the traditional immigration forms and documents, the EB5 Direct Investment Visa requires a thorough “Matter of Ho” compliant business plan.
Why should I hire JDC Consultancy?
In 2015 and 2016, the USCIS (US Citizen and Immigration Services) issued its maximum quota of 10,000 EB5 Visas, up from just 1,360 in 2008. In the 2016 fiscal year, EB5 Visa petitions were extremely popular and USCIS received 14,147 applications. The number of applications has grown tremendously over the past 10 years, of the EB-5 applications adjudicated by USCIS 54% were approved in the 2016 fiscal year.
The EB-5 is essential to the U.S. economy and has provided over $20 billion in EB-5 investment capital since 2008. The program has become more diverse in recent years with citizens from South Korea and Brazil applying for more EB-5 visas, and other countries such as Germany, Argentina, Great Britain, Singapore, and Italy forming a higher percentage of EB-5 filed by nationals of those countries than in previous years.
Since our inception in 2006, JDC Consultancy has written numerous successful business plans specifically for those targeted toward direct-investment EB5 visa applications. Company founder and principal, Jason Coles, has more than two decades of business expertise helping others cultivate and grow their enterprises and is considered an expert in the EB5 Immigration Business Plan industry.
With a detailed and specialized business plan created by JDC Consultancy, your overall application will provide evidence that your commercial endeavor will create 10 U.S-based jobs over the next two years, preserve and maintain those jobs and provide the capital needed to stimulate the U.S. economy.
What is included in my EB5 Direct Investment Business plan?
5 Year Financial Projections (including Profit & Loss, Balance Sheet & Detailed Investment Summary)
Executive Summary
Personnel/Employee Plan (including job titles, expected salaries, detailed job descriptions, and educational requirements)
Organizational Chart (showing the relationship between positions within the company and the proposed reporting structure)
Detailed Market and Industry Analysis using information from IBISWorld
Marketing, Website & Social Media Strategy
Milestones Table
Licenses & Permits Required/Received
Competition Overview
Fully Matter of Ho compliant
35+ pages in length
Of course, the aforementioned list is only a sampling of what’s included in our EB5 Business Plans. Your plan will be fully tailored to meet not only your business’s specifications but also those required by immigration.
What is an EB5 Direct Investment Visa?
For investors seeking relocation to the United States, the EB-5 Visa is an excellent option. With the Immigration Act of 1990 came the creation of employment-based immigration, or EB5. This program is an option for individuals who have invested, or are in the process of investing; at least $1,050,000 in a new business endeavor employing at least ten full-time employees within a two-year period. It also applies to those who invest in what is known as a “TEA”, or “targeted employment area,” and are obliged to invest a minimum of $800,000 in U.S.-based geographic locations that are outside major metropolitan areas—an unquestionably more common option for EB5 investors.
These investors must show that at least 10 direct full-time jobs will be generated within two years. So, what are the benefits of the EB5 Visa? Lawful permanent U.S. residency for the principal EB-5 visa applicant, their spouse, and any dependent children under the age of 21, U.S. job growth, and economic stimulation.
What is Matter of Ho Requirements?
Four precedent decisions were issued in 1998 regarding the requirements for a comprehensive business plan, now part of the EB5 (I-526) immigrant application. To gain application approval, the investor must define the purpose of their business, how the money will be spent, and the timetable in determining the creation of the 10 full-time jobs. Contrary to normal business plans, the EB5 is unique in that it mandates business plans to include elements such as identification of the target market, market analysis (comparing and contrasting competitors’ strengths and weaknesses), the structure of the business’s current and future personnel, and the growth plans and sustainability of the business, and its ability to maintain the jobs it has created for U.S. workers.
Fortunately, the experts at JDC Consultancy understand the uneasiness immigration generates and the complexities the Matter of Ho requirements demand. Hiring JDC Consultancy to create your personalized EB5 business plan alleviates the headache writing such a plan can create.
Why is the EB5 Direct Investment so popular?
Investors are time and again selecting the EB5 direct investment option over regional centers as it ultimately allows for more direct control over their investment. This option caters to investors who are actively involved in the day-to-day operations of their enterprise as well as others who tend to be more hands-off and let a CEO and/or Operations Manager run the business for them.
For many individuals, the investment is the driving force behind their interest in coming to the U.S., which culminates in a green card and permanent residency. Further, this option also permits investors to be more “geographically mobile” while maximizing profits from his or her investment.
JDC Consultancy maintains relationships with a plethora of immigration attorneys around the United States and overseas and has written over 1,345 immigration business plans since 2006. With their opinions and expert guidance, JDC Consultancy produces EB5 Visa Business Plans that meet and exceed the standards set forth by immigration.
