The EB-5 Immigrant Investor Program was developed by the United States Citizenship and Immigration Services office in 1990 to stimulate the US economy. More specifically it was developed by Congress to be implemented by the United States Citizenship and Immigration Services office to help spur jobs. There are specific regions in the United States where centers have been created that implement EB-5 Visa programs.
In general all EB-5 investors must invest in a new commercial enterprise. A commercial enterprise means any business that has activity for-profit from the ongoing conduct of lawful business. This can include creating a new commercial enterprise in the form of a sole proprietorship, partnership, holding company, joint venture, corporation, business trust or other entity which may be publicly or privately owned. This may include subsidiaries of a holding company which are wholly owned. This does not include investments in personal enterprises such as buying a house for personal use.
In addition to an investment made in a new commercial enterprise an EB-5 investor must create jobs. In general the amount of capital committed to the new commercial enterprise must create full-time
positions for at least 10 qualifying employees. There's generally a time limit usually around two years in which these jobs must be created. More information can be found uscis.gov
In addition to creating the qualifying jobs; capital must be invested into the new commercial enterprise. In general the minimum qualifying investment that someone seeking to apply for an EB-5 Visa needs to invest is $1,000,000 within the United States. In areas defined as Target Employment Areas by the United States Citizenship and Immigration Services office the minimum requirement to invest in a commercial enterprise is less. In these areas of high unemployment or rural areas an investor seeking to obtain a Visa through the EB-5 Visa classification invest a minimum of $500,000.
The key to writing a business plan to supplement the application an EB-5 Visa is to follow the criteria and guidelines of the United States Citizenship and Immigration Services office and make certain that the business plan showcases how you will create the jobs and how the investment will be made and dispersed. It is also important if you are targeting a rural area or high unemployment area to showcase how the investment in the new commercial Enterprise will help the town or county. The more jobs that can be created then the better the chance of the application being approved. A solid eb5 visa business plan shows how revenues of the $1 million or $500,000 investment will grow over time to create sustainable jobs that will have a positive effect on the local community. The business plan should include job descriptions of the jobs created and monthly cash flow statements that showcase how much each new employee will make and pay in taxes. Since the purpose of the eb-5 Visa program is to spur economic development then your business plan should be tailored to showcase how the investment in a new commercial enterprise will facilitate this growth in the local
economy.
A business plan writer can help the application process by putting together a business plan that will explain all of these qualifications and criterias in detail to the USCIS office. The eb5 business plan is
not like any other visa business plan and it is certainly not like a business plan for venture capital. The business plan must show that the investor already has the money to invest and how the money will be allocated. Attachments and the appendices should include bank account statements showing the transfer of the money to a United States bank account and progress in the business before the application is filed. If you are looking for a business plan writer to develop an eb5 investor program visa business plan then you are at the right place! Nicholas Coriano has developed business plans for the eb-5 investor program and can help you or your client develop a business plan for your visa application. Contact today by texting or calling 203-685-0346 (leave a message or text to schedule a time) or by email: click here.
