Develop A Feasible Business Plan With An Expert EB5 Consultant

People eager to migrate to the USA know about the EB-5 visa. Under an investment-based citizenship scheme, business or professional individuals get an EB-5 permit if they invest a specific amount in a US enterprise or create job opportunities in the US. In the beginning, they get a conditional visa, and at the end of two years of successfully running the business, they get US citizenship. 

Role of Regional Centers


The process of obtaining an EB-5 visa is complicated as it involves selecting worth-pursuing projects, investing, and operating the business while creating sufficient employment opportunities in the priority areas in the US. However, regional centers assigned by USCIS in different areas facilitate this process for a fee.


USCIS set aside EB-5 visas for regional centers to promote economic growth. A regional center is a public or private economic unit in America, and the consultants perform economic analysis for them and individual projects. Barnhart Economic Services has been providing EB-5 consultancy services for over two decades and has expertise in job creation studies, business plan development, and general economic impact studies.


Business Plan - A Critical Requirement in EB5 Project Approval

USCIS ( United States Citizenship and Immigration Services) requires a comprehensive and realistic business plan for project approval. A business plan is the beginning point for any investment decision under an EB-5 visa. It typically includes 

  • operating agreements with regional centers, 

  • overview of project outlay and funding, 

  • description of products or services, 

  • financial projections (related to sources and uses of funds, profit and loss, and balance sheet), 

  • project evolution and development timelines, 

  • organizational structure, 

  • personnel’s background, 

  • marketing plans, and 

  • competitive analysis. 


A business plan can be for a project in any industry that promotes economic growth and creates job opportunities for US citizens. The diverse fields include agriculture, infrastructure development, construction, manufacturing, restaurants and hotels, sports stadiums, healthcare facilities, mining, retail, and entertainment. Barnhart EB-5 business plans based on analysis of the economic impact and job creation have more chances of approval by USCIS. Barnhart consultant has a few Ph.D. economists and MS recipients in Real Estate Development who work thoroughly before preparing a business plan.


Conclusion


An investor should prepare the business plan carefully and seek the advice of the consultants like Barnhart Economic Services in developing foolproof, viable business plans besides selecting the projects. The consultants experienced in diverse industrial projects help in job creation analysis to get quick approval for the project. However, they must have qualified personnel in their teams to conduct feasibility studies for making multiple viable business plans. 
Location: West Palm Beach, FL, USA

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