Update on EB-5 for the construction industry

An update on EB-5 visas comes from the American Immigration Lawyers Association1, indicating that the latest trends from the adjudicating officers seems to require much more detailed information, especially with regard to the description of the jobs that will be created as part of construction-related projects.

In addition to a business plan, which was already to be attached to the petition, a detailed and third-party verified review of each individual construction phase of the project, as well as each related expense item. It should also be shown that the time schedule table and the related costs allocated reflect average market standards. Continue reading

The importance of having a Business Plan

Having a business plan¹. The main purpose of the present document is to provide educational information, and in no way its content shall be considered as legal advice. THINKINLAW makes no representation or warranty as to the accuracy or reliability of any advice, opinion, statement or other information displayed on this document. Therefore, reliance upon any such opinion, advice, statement, or other information shall be at your own risk. This information is not intended to create, and receipt of it does not constitute, a lawyer-client relationship. You should not act upon this information without seeking advice from a lawyer licensed in your own state or country. Copyright © 2013 Thinkinlaw, LLC. Permission is granted to make and distribute, without any charge, copies of this entire document, provided that such copies are complete and unaltered and identify Thinkinlaw, LLC as its author. All other rights are reserved.] is really important when applying for (at least) two of the most common business Visas, in connection with the foreign company’s internationalization process: E and L Visas.

Here is a bullet point list, which we do not expect to be exhaustive, but merely indicative of the main reasons why it is so important: Continue reading