The Crucial Role of EB-5 Consultants in Project Approval!


The EB-5 visa is a known term for many wishing to settle in the USA. It is an investment-based visa for foreigners in the host country, which requires minimum investment and job creation as specified by USCIS. Foreign nationals should invest in for-profit commercial entities in high-unemployment or rural areas while creating 10 full-time jobs within the first two years of conditional residency. They must show legit investment sources and the manner of investments. The designated regional centers process the applications received from them.


The willing immigrants furnish the following information in their applications,


  • Construction and development budget with land acquisition and hard and soft cost

  • Pro-forma financial statements

  • Project evolution phases


Most foreign citizens willing to invest in the US economy need to possess complete ground knowledge of the country's investment and job creation requirements in particular regions and industries. In this condition, Barnhart EB-5 consulting services help them with a selection of projects in targeted employment areas. The EB-5 consultancy assists foreign investors with 

  • business plan development, 

  • job creation studies and feasibility analysis, 

  • general economic impact studies, and 

  • targeted employment area identification so that they can successfully run their ventures in the future and culminate into permanent US residency for themselves and their family members.


The Functions of EB-5 Consultancy Services


  • EB-5 Business Development: The EB-5 consultants work closely with clients to ensure all requisite information in business plans as per USCIS guidelines. Barnhart EB-5 business plans cover regional center operating agreements, project funding overview, funds flow, financial statements, committed outlay, staffing charts, administrative processes, development timelines, marketing plans, offering overview, and investment structure.


  • General Economic Impact Studies: The type of goods and services offered have economic repercussions, and they need to be known in advance for approval of the projects. The consultants assess the economic impact of the proposed projects and help approve the project.


  • Job Creation Studies: The consultants compile the latest data on the economy and demography for the relevant economic area in any state. They build regional models using Impact Analysis for Planning, professional input-output analysis, social accounting software, and associated databases. The consultants estimate the regional economic impact of the proposed project on employment, output, value addition, wages, and indirect taxes to the government in the county and state. They explain the implications of their findings, conclusions, and study methods. 


  • Targeted Economic Areas: The qualified Barnhart EB-5 Consulting Services has access to local area unemployment statistics from the Bureau of Labor Statistics and identifies TEAs for any area in the US. The professionals guide the clients regarding such regions for investment.


EB-5 consultants are a critical link between USCIS and foreign nationals willing to settle in the US. They fill the information gap and facilitate investment and economic development with EB-5 projects.


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