Comply with the unique EB5 business plan requirements.
A business plan for your EB-5 visa application can be more complex than traditional business plans. These are written for USCIS immigration officers and need to be very comprehensive. Not only do they need to explain your business idea and plan for success, but they need to comply with Matter of Ho requirements.
What is Matter of Ho?
Matter of Ho defined the comprehensive business plan to meet EB-5 regulations. It describes a comprehensive business plan requirement that should contain a description of the business, its products or services (or both), and its objectives.
EB-5 visa business plans from Pro Business Plans are always Matter of Ho-compliant.
What Makes EB-5 Business Plans Unique
EB-5 business plans need to explain to the USCIS officer reviewing your petition why your business will be successful in the U.S. in the longer term. This means you should have a very detailed plan, allowing the immigration officer to fully understand what you do and how you do it. When detailing your business, be sure to include supporting documentation (if available) in your business plan.
Business Description: Give the USCIS officer an overview of the industry, purpose, mission and plans of the proposed business, which have legal, tax and management implications.
Business Structure: When creating a new business (as most EB-5 investors do), investors need to explain the business structure, legal, tax and management implications. The three most common for EB-5 investments are limited partnerships, corporations and limited liability companies.
Market: Include a target market analysis and a marketing plan to explain to USCIS how you plan to find and target customers.
Personnel Plan: Explain the experience of management and key personnel and the functions they fulfill.
Staffing Plan: Because EB-5 businesses must meet a job creation requirement, EB-5 business plans need to include the job descriptions of each position and the timetable for hiring the 10 new, full-time positions.
Competitor Analysis: What makes this new business unique and how it will fill any gaps in the market?
Financial Projections: Include budgets, sales and costs for a five-year period, showing the source and uses of funds.
Work with EB-5 Business Plan Experts
Because of all the moving parts of an EB-5 visa application, you need a great team of experts behind you, working to ensure everything is completed accurately and in a timely manner. Work with an EB-5 business plan expert to get a carefully prepared plan that includes a strategic employment plan highlighting the employment opportunities, hiring dates, responsibilities, and compensations and contributions to meet the job creation requirement. Pro Business Plans consultants are experts in preparing EB-5 business plans. We understand the requirements needed to be Matter of Ho compliant, which is why we are trusted by law firms across the country.
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