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 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