An immigration business plan is one of the most important aspects of an investor’s visa. It outlines the plan and strategy for the company in a way that is easy for the consulate officer to understand. If your immigration business plan is not properly drafted, then the plan you have for the company may not come across as clearly, which could harm your chances of being approved for an investor’s visa.
There are different types of investor’s visas. The most common are the EB-5 visa, which grants permanent residence to the petitioner and beneficiaries for an investment of at least $1 million and the creation of 10 full time jobs, and an E2 visa, which grants temporary residence for a period of five years, with renewals every 5 years for as long as the business is in existence, in exchange for a “substantial” investment and proof that the investment is not marginal.
The immigration business plan is important for both of these types of visas because it outlines key aspects of your business, such as your investment, your operating costs, your employees, and the general plan for your business in the future.
An immigration business plan is not a replacement for genuine investment, but it is an important tool to outline investments you will make in the future, which may be counted towards the total amount of your investment in some cases.
The business plan is an important part of the application for an investor’s visa, but there are also many other items that must be accounted for, which is why you should hire an experienced immigration attorney to assist you in your investment visa application.