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