Employment generation is a core premise of EB-5 visa application. Complying with specific minimum targets is fundamental. This potential can only be highlighted through a well-structured business plan. Applicants must show how they will improve the U.S. economy and create jobs in the U.S.
Here’s why job creation is so critical in EB-5 business plans:
Step 1: Meet the 10-Job Requirement
USCIS requires that each EB-5 investment create or preserve at least 10 full-time jobs for U.S. workers. Your plan should be specific about how, when, and where you will create these jobs, backed up by reasonable timeframes and operational plans.
Direct, Indirect, and Induced Jobs Defined
In some instances, direct, indirect (e.g., suppliers, contractors), and induced jobs (e.g., economic ripple effects) can be considered to satisfy USCIS’s required job creation impact. For its estimation, we use authoritative sources.
Creating Clear Plans for Staffing
Outline clear roles, responsibilities, and hiring timelines. Weave into the narrative how these roles match the firm’s operational expansion and ability to provide future work.
Leveraging Industry-Specific Data
Demonstrate how your business aligns with industry trends and growth forecasts. This lends credibility to the job creation claims and shows a nuanced understanding of the market.
Part of the process of aligning Regional Center Projects (if any)
Where your application involves a regional center, stress how pooled investments help achieve larger job creation goals. The center project’s reports must contain supporting data.
Pro Tip: Explain every job creation aspect in detail, including immediate roles during setup and long-term positions. Immigration authorities will look for sound, realistic plans that demonstrate the business will create substantial economic value.
At Scudo Consulting, we are experts in providing customized, USCIS-compliant EB-5 business plans, specifically focusing on job creation. Our plans are tailored to help immigration attorneys and their clients understand their next steps with confidence.
Let’s work together to make your client’s dream an approved EB-5 visa!