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L-1 & E-2 Visas: The Need of a Immigration Business Plan

Immigration Business Plan

When navigating the complexities of L-1 and E-2 visa applications, a tailored immigration business plan is not just beneficial—it’s essential. Such a plan goes beyond the scope of traditional business plans by focusing on specific visa requirements and demonstrating your venture’s potential contribution to the U.S. economy. Below, we go into each critical component of a successful immigration business plan, offering insights and guidance to bolster your application.

1. Comprehensive Business Overview

Objective: This section aims to introduce your business to immigration officials comprehensively and concisely. It should lay out the foundation of your business, explaining what it does, its target market, and its unique value proposition.

Details to Include:

  • Nature of the Business: Explain whether it’s a service, manufacturing, or product-oriented venture and the industry it operates within.
  • Business Goals and Objectives: Outline what your business aims to achieve in the short and long term.
  • Unique Selling Proposition: Highlight what sets your business apart from competitors in the same market.

2. Detailed Proof of Investment

Objective: To demonstrate your financial commitment and the viability of your business through a detailed financial plan.

  • Capital Investment: Provide specifics on the amount of capital invested in the business and the sources of this capital.
  • Operational Costs: Break down the operational expenses, including rent, payroll, utilities, and marketing.
  • Financial Projections: A five-year financial forecast showing projected revenue, expenses, and profitability.

3. Compliance with Business Requirements

Objective: Showcase your business’s adherence to all relevant U.S. laws, regulations, and standards.

  • Licenses and Permits: List all the necessary operational licenses and permits you have acquired or are acquiring.
  • Regulatory Compliance: Explain how your business complies with relevant local, state, and federal regulations, including environmental, health, and safety standards.

4. Job Creation and Employment Outlook

Objective: Illustrate your business’s potential to contribute positively to the U.S. labor market.

  • Organizational Structure: Present an organizational chart detailing current and future positions.
  • Hiring Timeline: Offer a timeline for new hires, including the types of positions and the expected impact on business growth.
  • Job Descriptions: Provide detailed descriptions for each role, emphasizing the qualifications and responsibilities.

5. Establishment of Physical Premises

Objective: Demonstrate the suitability of your U.S. business premises for operational needs.

  • Location Details: Describe the location of your business, including advantages related to logistics, market access, or clientele.
  • Lease or Purchase Agreements: Present evidence of ownership or lease agreements for the property.
  • Facility Readiness: Discuss any modifications or preparations to ensure the facility meets your business needs.

6. In-depth Market Analysis and Strategy

Objective: To affirm your business’s viability and competitive edge within the U.S. market.

  • Market Analysis: Conduct a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) to evaluate market conditions, competition, and potential challenges.
  • Marketing Strategy: Outline your approach to capturing your target market, including digital marketing, advertising, and sales strategies.
  • Long-term Sustainability: Discuss how your business plans to adapt and grow over time, ensuring long-term success.

7. Demonstrating Ability to Develop and Direct

Objective: Prove your capability to lead and grow your business effectively.

  • Background and Experience: Detail your educational background, relevant work experience, and any entrepreneurial ventures, highlighting how these contribute to your ability to manage the business.
  • Leadership Qualities: Share examples of leadership experience, problem-solving skills, and any recognitions or awards.
  • Vision for the Business: Convey your strategic vision for growth and how you plan to achieve it.

A detailed and well-structured immigration business plan is pivotal to your L-1 or E-2 visa application. It demonstrates your commitment and capability to operate a successful business in the U.S. and how your venture will positively impact the economy. By thoroughly addressing each of these components, your business plan will stand as a robust testament to the viability and value of your business proposition, significantly enhancing the likelihood of visa approval. We recommend working with a professional business plan writer with specific expertise in immigration business plans.

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Beyond Borders

The Immigrant Entrepreneurs’ Guide to Writing a Business Plan in the U.S.

Immigration & Living Abroad

Last updated on October 10th, 2023 at 11:24 pm

Writing a business plan is an important step for an entrepreneur who wants to launch a company of any size. If you dream of opening a business in the U.S. or Canada, a solid business plan can help you secure funding and prepare for the future.

Many immigrants open businesses in their new countries. Dru Ann B. is a Remitly customer who owns a small business that supports her family in Canada and back home in Jamaica. She says that a strong business plan made a huge difference for her. She recommends getting assistance from someone who’s written one before, saying, “a little direction or guidance from someone else goes a long way.”

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Ready to get started? Here’s what you need to know.

immigrant entrepreneur writing a business plan

What is a business plan?

A business plan is a document that maps out your vision for your business. It establishes your business objectives and then describes how you will achieve them.

Why is a business plan important?

Even if you have all the capital you need to start your business, a business plan can increase your chances of success. That’s because it clarifies your goals and timeline, plus can help you plan for issues that may arise.

Business plans allow you to:

  • Establish clear company goals;
  • Build a brand vision and create a compelling company description to market your business;
  • Identify potential weaknesses and challenges ahead of time;
  • Become familiar with current market conditions and your competitors; and
  • Predict your income, costs, and budget needs.

The process of writing a business plan can help you put your best foot forward. Dru Anne B. notes that through your market research, you might discover that you “need to adjust your model.” That’s a good thing, she explains, because it means refining your idea before you actually invest.

Do you need a business plan to start an immigrant-owned business?

Any entrepreneur who wants to start a business in the U.S. can benefit from a business plan.

As an immigrant entrepreneur, a business plan may help you:

  • Apply for grants aimed at immigrant-owned businesses;
  • Apply for business loans through U.S. banks; and
  • Seek private investors for startup capital.

What are the most common business plan formats?

Business plans come in two formats: long (traditional) and short (lean).

  • Traditional business plans are long-form documents that consist of paragraphs and may also include tables and charts. They usually take longer to produce and edit, but some lenders only accept these types of plans.
  • Lean business plans present information primarily through bulleted lists, tables, and charts. They are typically easier and faster to write. Prospective investors or lenders may ask you for additional information if you submit a lean business plan.

immigrant entrepreneur writing a business plan

How do you write a traditional business plan?

A traditional business plan usually has nine sections : executive summary, company description, market analysis, organization and management, service or product line, marketing and sales, funding request, financial projections, and the appendix.

Executive summary

An executive summary provides a quick overview of your company. It lets the reader know what to expect from the rest of the document.

The executive summary includes:

  • A mission statement that outlines the purpose of your company;
  • An introduction to your product or service;
  • Basic facts about your leadership team and employees; and
  • The location of your company and where you work.

If you’ll be using your business plan to find funding, include a quick summary of financial information and growth plans in this section too.

Company description

The company description provides details about your business offerings.

Some things to include are:

  • Who your customers are (who will use or purchase your product or service)
  • What problems your product or service solves or what needs it fulfills
  • Why your business can uniquely meet that need or solve that problem

Imagine that someone has asked you “Why does your business exist?” and “Why should I choose your business?”

These questions will help you describe the value of your new venture.

Market analysis

The market analysis section requires research. Start by identifying your key competitors.

Once you’ve found them, learn the following about their businesses:

  • What do they charge for their products or services?
  • How do they market their business?
  • What are their strengths and areas of opportunity in this field?
  • What are the ways that you can provide a better customer experience?

After you finish conducting your research, describe your findings in 1–2 paragraphs in your business plan.

immigrant entrepreneur

Organization and management

This section describes how you will structure your business and what specific people or general roles you’ll have at your company.

Include the following:

  • Business structure: Are you a sole proprietor? Will you establish a C or S corporation? Is your business a partnership or a limited liability corporation (LLC)? In addition to identifying the type of structure, explain why it works for your company. If you haven’t chosen a business structure yet, a business attorney or certified public accountant (CPA) can give you advice on which structure to choose.
  • Basic organization chart: Provide an outline of the people who will hold management positions at your company. If you have already hired your management team, detail the key qualifications and skills that they bring to your business. You may also want to attach their resumes.

Service or product line

This section brings your product or service to life and allows the reader to thoroughly understand what you will be providing to your customers.

  • Benefits of your product or service: Why will people buy it or use it? What will they love about it?
  • Life cycle of your product or service: How often will people buy or use your product or service?
  • Intellectual property information: Are you filing for a copyright or patent?
  • Research and development: If you have conducted research and development, provide detailed information about it. Remember to include any pictures of your product as well.

Marketing and sales

Unlike the other sections of a business plan, the marketing and sales section has no set rules for writing. This section explains how you will tell customers about your company and encourage them to buy from you or use your service.

You may consider mentioning whether you plan to advertise with:

  • Print media like newspapers
  • Television commercials and segments
  • Radio commercials and segments
  • Social media like Facebook, Twitter, Instagram, YouTube, Pinterest, and TikTok
  • Direct mail
  • Email marketing
  • Cross-promotions with other businesses

If you plan to hire a firm to handle your marketing, then make sure to mention that in this section too. Add the firm’s name and discuss the services they will provide.

immigrant entrepreneur writing a business plan

Funding request

In this section, you’ll let investors, financial institutions, or grants know how much funding you need to get your company off the ground.

Follow these steps when writing this part of your plan:

  • State how much money you need to launch and operate your business for the first five years.
  • Detail how you arrived at this figure.
  • Identify any existing capital that you already have and its source(s).
  • Outline the terms you’re looking for if you’re borrowing money.
  • State what share of your company you are willing to give in exchange for an investment if you’re providing equity.
  • Explain, in detail, how you will use the equity or borrowed funding. Will it pay salaries? Purchase equipment? Cover expenses until you begin to make profits?
  • Add how you will pay off the debt or ensure a return on investment.

Financial projections

Providing realistic forecasts about how your company will perform is a compelling part of any business plan.

In this section, include:

  • Income statements
  • Balance sheets
  • Cash flow statements
  • Capital budgets

Begin with quarterly or monthly projections for the first year, and then make annual projections for the next four years. If you’re uncertain how to produce these documents, a CPA who specializes in startups can help you plan your forecasts.

This section is for any additional information and can include:

  • Personal credit history
  • Résumé for yourself and other key people in your business
  • Letters of reference
  • Other legal documents

The items in an appendix are labeled with a letter. For example, your personal credit history can have the header “Appendix A” and a letter of reference from a former employer can be “Appendix B.”

immigrant entrepreneur

A few more tips

A business plan includes all the steps outlined above. Here are a few more tips to make your business plan stand out:

  • Take a step-by-step approach. 
  • Highlight how many jobs your business will create. 
  • Hire a ghostwriter or proofreader. 
  • Ask a friend who isn’t familiar with your industry or product to read it over.

Your business plan won’t just help you launch your new company. It also serves as your roadmap for promoting and growing your small business after the launch. An up-to-date business plan can also make it easier to secure additional funding, purchase new equipment, or expand your offerings in the future.

Immigration business plan logo

Immigration Consultant

Business plan sample, what it will contain, a sample immigration consulting business plan template will contain an overview of all the areas that your business plan needs to contain. the emphasis given to each part may differ depending on the type of visa you are applying for, but understanding the main content is a great place to start., an immigration business plan.

Each Immigration Consultant Business Plan is unique and there are no templates that will guarantee your approval. However, your immigration consultant business plan sample will generally contain the following.

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Executive Summary

The plan needs to start with an executive summary of your business, and include a company structure. Within the structure should be information about the key personnel in your business.

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Company Description

description of product service

Description of Product and Service

projected profit

5-Year Projected Profit & Loss Statement

you

Competition Overview and Marketing Strategy

organizational chart

Organizational Chart and 5-Year Employee Hiring Plan with Detailed Job Description

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Difference in immigration business plan, bank loan or a regular business plan

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Content Of Your Immigration Business Plan Sample

structure of yibps

Structure Of Your Immigration Business Plan Sample

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Difference in Language Of Your Immigration Business Plan Sample

Why business plan templates don’t work for an application.

We, at Immigration Business Plan, draft business plans for the success of your visa application. To ensure that,  we move away from templates . Our business plans are tailor-fit to represent you and your company.

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We make sure that our business plans are tailor-fit to provide you with the best chance for your visa’s approval. To do that, we make sure that you are involved in every step of the way. We understand that there are nuances when it comes to immigration business plans that templates just don’t get.

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What is an Immigration Business Plan Consultant?

Why immigrationbusinessplan.com is a good solution for you.

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We are global

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We are transparent

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Treating you with respect and confidentiality is rooted in our mantra to care for our clients. Because applying for a visa can be a daunting experience, we make sure that for our clients, that experience is less daunting and we will provide you with an awesome experience.

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Immigration Business Plan 1979 Marcus Avenue #210 New Hyde Park, New York 11042 Nationwide:  +1 (888) 278 7775 International:  +1 (646) 612 7572 Email: [email protected]   Skype ID: ImmigrationBusinessPlan

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business plan writers, business plans, pitch decks, pitch deck writer, business planning

  • Mar 30, 2023

What You Need to Know to Write a Business Plan for U.S. Immigration

business plan for immigration

Hey there, aspiring entrepreneurs and globe-trotters! As a startup expert and professional business plan writer, I've helped numerous individuals navigate the complexities of U.S. immigration by crafting compelling and comprehensive business plans. In this article, we'll explore the ins and outs of writing a business plan specifically tailored for U.S. immigration purposes. So, buckle up, and let's get started!

Key Highlights:

Understand the Purpose of Your Business Plan

Know the u.s. immigration requirements, craft a killer executive summary, describe your business and its structure, outline your market analysis, detail your marketing and sales strategy, explain your operations and management structure, showcase your team's expertise, develop a robust financial plan, address immigration-specific requirements, prepare a compelling appendix, edit, revise, and polish, embrace the journey.

First and foremost, your business plan is more than just a document for immigration purposes—it's your company's roadmap to success. A well-thought-out business plan demonstrates your commitment to your venture and outlines your vision, goals, and strategies for achieving them. U.S. immigration officers will scrutinize your plan, looking for a clear vision, attainable objectives, and a solid plan of action. Make sure your business plan showcases your passion and dedication to your business.

Before you start writing your business plan, familiarize yourself with the specific requirements for the U.S. immigration category you're applying for. Some of the most common categories include the E-2 Treaty Investor visa, the EB-5 Immigrant Investor Program, and the L-1 Intracompany Transferee visa. Each has its own eligibility criteria and conditions. Research the requirements of your chosen category to ensure your business plan addresses them.

Your executive summary is like the movie trailer for your business plan—it should be engaging, informative, and leave your audience wanting more. An effective executive summary should be concise, typically one to two pages, and provide an overview of your business, its goals, and how you plan to achieve them. It's the first thing immigration officers will read, so make sure it's impactful and leaves a lasting impression.

In this section, you'll provide detailed information about your business, including:

Business name, address, and contact information

Legal structure (e.g., sole proprietorship, partnership, LLC, or corporation)

Ownership information

Description of your products or services

Business history, if applicable

Current business status (e.g., startup, existing business, or expansion)

Keep it concise and informative, while still showing your passion for your business.

A solid market analysis demonstrates that you've done your homework and understand the U.S. market, competitors, and target customers. To create a compelling market analysis, be sure to:

Define your target market and customer segments

Analyze your competitors, their strengths and weaknesses, and your competitive advantages

Discuss market trends and how your business will capitalize on them

Provide data on your target market's size, demographics, and growth potential

Your marketing and sales strategy should show how you'll attract customers, make sales, and grow your business in the U.S. market. Include information on:

Your pricing strategy

Distribution channels

Advertising and promotion methods

Sales projections

Customer retention strategies

Online marketing efforts, including social media and content marketing

Here, you'll outline the day-to-day operations of your business and its management structure, covering:

Key personnel, their qualifications, and roles

Employee training and development programs

Facilities and equipment

Inventory management

Quality control measures

Supplier relationships

Immigration officers want to know that your team has the skills and experience necessary to succeed in the U.S. market . Showcase your team's expertise, including:

Backgrounds and qualifications of your founders and key team members

Relevant industry experience

Past successes and lessons learned from failures

How your team's skills complement each other and contribute to your business's success in the U.S.

A strong financial plan is critical for U.S. immigration purposes. You'll need to provide financial projections, including:

Profit and Loss statements (for at least three years)

Cash flow projections (for at least three years)

Balance sheets (for at least three years)

Breakeven analysis

A list of assumptions and explanations for your financial projections

If you're not a numbers person, consider enlisting the help of an accountant or financial advisor to ensure accuracy and credibility.

Depending on the immigration category you're applying for, you may need to address specific requirements in your business plan. For example:

E-2 visa: Demonstrate that your investment is substantial, your business is not marginal, and you have the funds to support yourself and your family.

EB-5 visa: Show that your investment will create at least ten full-time jobs for U.S. workers within two years.

L-1 visa: Prove that your business has a qualifying relationship with your current employer outside the U.S., and you will hold a managerial or executive role.

The appendix is your opportunity to provide additional information that supports your business plan. This might include:

Resumes of key personnel

Letters of intent from suppliers or customers

Licenses, permits, or patents

Detailed market research data

Product specifications or designs

Marketing materials

Organize your appendix so that it's easy for immigration officers to find and review the supporting documents.

A well-written business plan should be clear, concise, and free of errors. Take the time to edit and revise your plan, ensuring that it's easy to read and understand. Don't be afraid to seek feedback from mentors, colleagues, or even potential customers to help refine your plan.

Remember that your business plan is a living document that should evolve as your business grows and changes. Regularly review and update your plan to ensure it remains accurate and relevant.

Writing a business plan for U.S. immigration can be a challenging but rewarding experience. It forces you to think critically about your business, its goals, and its strategies. Embrace the process and enjoy the journey. After all, as Tim Ferris would say, "Life is not about finding yourself. Life is about creating yourself."

Writing a business plan for U.S. immigration may seem daunting, but with the right approach and attention to detail, you can create a persuasive and informative plan that will impress immigration officers. Keep in mind the specific requirements of the immigration category you're applying for, and make sure your plan addresses them.

By following these steps, you'll be well on your way to successfully navigating the U.S. immigration process and making your entrepreneurial dreams a reality. So, what are you waiting for? Start writing, and go conquer the world!

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How to Write a Business Plan for Immigration Purposes

  • January 18, 2022

The United States is a country of immigrants. People from all corners of the globe help make this nation that we call home simply the greatest place on earth. With each passing year, the immigrant pool grows larger. Some come over to be with family, others come over to study, others will arrive on these shores of ours to find work, while others will come to pursue their dream of being a business owner. If you’re an immigrant looking to start a business, you’re going to need a business plan. The Coley Group is staffed by capable immigration business plan writers who understand the various nuances that come with building a document of this type. It’s a little bit different than other business plans, but just like the others, it’s a necessary component of the success journey!

What is an immigration business plan?

As we said above, an Immigration Business Plan is different from your typical business plan. Inside this document, the business owner has to show that they have the skills necessary to start and sustain a business in the United States . Now, you might be thinking every business plan must show how this is going to be done. That’s true, but in the case of an Immigrant Business Plan, approval or denial of a Visa is in play and that makes being able to present a sound document that outlines your plan for success all the more important. You want to make sure your business plan outlines the economic impact of your venture.

Different Types of Immigration Business Plans

There are several different types of Immigration Business Plans. What follows is a closer look at each of the available options.

E2 Visa Business Plan

The E2 Visa Business Plan is for individuals who are considering a move to the United States to start a business. This plan is reviewed by the United States Citizenry and Immigration Services (USCIS) to make sure the person submitting it has the necessary resources and acumen for a business in the United States. The E-2 Visa lasts for five years and the financial projections within your plan should show how your business will support the staff and create jobs during this period.

When it comes to financials, be realistic and remember in five years, you’re going to be called upon to discuss how your business performed. The performance will directly impact whether or not your E2 Visa is renewed so when it comes to this area, be as detailed and practical as you possibly can without selling your business short.

In terms of operations, you’ll have to show where you own at least a 50% share in the business. You’ll also need to discuss the corporate structure of your business in this section as well as provide a detailed overview of the management team that will be responsible for guiding the venture. In this section, you should also spend time discussing any relevant work experience you bring to this opportunity. Personnel and job creation are other areas that will interest the reviewer. This will give them an idea of the economic impact your business can have so be sure to include this section in the document.

L1 Visa Business Plan

The L1 Visa is for business owners who are considered multinational employers. These persons are looking to transfer employees to the United States from a foreign country. These employees can work in any capacity from managers to executives and beyond. A business plan is not a requirement for this classification but a custom-made immigration business plan can definitely help you show that you’re deserving of the approval you seek.

Documents that must be included with your L1 Visa Business Plan include:

  • Proof that a U.S. presence has been established. This can come in the form of a lease or other documentation that shows you have a physical presence in this country.
  • Financial statements for at least the last three years.
  • Projected domestic organizational chart, showing a clear reporting structure.
  • Documents that outline the corporate structure (Sole proprietor, LLC, Partnership)
  • Resume of the L1 beneficiary and resumes for the entire management team.
  • Parent company documentation showing how the planned domestic office is affiliated with the foreign office.

The executive summary section of the L1 Visa Business Plan must be strong. It should cover when the business was formed, ownership, the good or service being sold, the target market, and how you plan to grow. Include the number of current staff members as well as the projected additions and what their roles will be upon hire. While your financials will be discussed later in the document, you can briefly summarize your projected performance here.

Market research including a competitive analysis will also be needed along with a marketing plan that shows how you’ll reach your target market here in the United States. Financials will wrap up Immigration Business Plan and it’s important to be realistic in this area. Remember, you’re going to have to review these numbers at some point so going too high causes concern in the eyes of your reviewer and can drastically lower your odds of approval.

EB5 Business Plan

If you’re thinking about the EB5 Investor Immigrant visa, there are a few things you should be ready to show. First, you must show that you’ve invested a minimum of $900K in a rural area or an area that has an extremely high unemployment rate . You’ll have to also show that you’ve done the hard work of creating jobs, at least 10 full-time jobs in total. Proving these and other things deemed necessary is going to require a professionally written Immigration Business Plan.

The business plan must have a detailed description of the opportunity while listing out all the assets, services and products, target market, organizational structure, and bios on key personnel. Most important of all, be prepared to show where the investment being made by the owner is at risk. At-risk means showing the investment made by the owner is subject to a loss or gain depending on the performance of the venture. A personnel plan and financial plan must also be included as well as detailed market research. Inside the financial plan, you must be sure to include the 10 full-time jobs that are being projected as this is a key portion of the overall initiative.

E1 Visa Business Plan

An E1 Visa Business Plan is usually the most sought-after for owners looking to do import and export between their country of origin and the United States. The E1 is considered a non-immigrant visa due to the unlimited number of two-year extensions this option offers. While a business plan is not a requirement, it is recommended as it helps prove the applicant’s business case. With that said, we advise hiring a professional capable of delivering a custom-made immigration business plan. This document should at the very least have:

  • Executive Summary that touches on each of the key components of the business.
  • A business description that highlights your products or services.
  • Market analysis that has a competitive overview of each direct competitor.
  • Marketing plan with detailed strategies.
  • Personnel, Operations, and Management plan that gives biographies and resumes of key staff members as well as insights into your operation, and management team.
  • Five years of sound financials.

Writing any Immigration Business Plan by Yourself Can Be Challenging

The grammar and language must be polished and articulate, the research has to be thorough, the business case must be solid, and your plan must show sound financial and growth projections. For this reason, we highly recommend hiring a professional to manage this portion of your project. You only get one chance to make a valuable first impression with the seasoned staff or reviewers who will be making the final approve or decline decision. Hiring a professional capable of presenting your business in a clear, concise fashion increases your chances of success exponentially.

We Help You Reach Your Goals with Immigration Business Plan Writing

The Coley Group is staffed with MBA writers who understand how to build the type of custom-made business plan you’ll need. Our team has written thousands of documents and we understand how to effectively communicate the value of your vision while positioning you and your business for long-term success.

For more information on how we can assist you in this area, please feel free to contact us today to request a business plan quote. A representative will be ready to answer any questions you might have with regards to how we can build your custom-made Immigration Business Plan.

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Business plans for immigration, seeking an e-2, l-1a, eb-5, or eb-2 niw visa our immigration business plans help you navigate the complexities of the investment visa process with a business plan that stands up to scrutiny..

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Your Key to Visa Success

Streamline your visa process with a business plan that impresses consular officials, at masterplans, we are skilled in developing business plans that engages uscis and consular authorities. .

Navigating the investor visa application process requires a robust business plan – one that clearly delineates your venture's growth prospects, job-creating potential, and long-term viability. Our visa-focused business plans are meticulously crafted to meet the specific requirements of entrepreneurship visas – guaranteed.

“For years I’ve been insisting my clients use Masterplans, and I haven’t had a single visa denied with their plans – NOT ONE.

They’re first class, always”.

Sara Rama, Federal Immigration Attorney and frequent Masterplans client

Sara Rama, ESQ., LL.M Federal Immigration Attorney

Why Immigration Attorneys & Entrepreneurs Trust Masterplans

With over 18k+ business plans crafted across diverse industries, here's why savvy entrepreneurs consistently choose to partner with us when seeking an investor visa..

Expert Business Planning

Experience & Expertise

Having successfully executed thousands of L1-A, E-2, EB-5, and EB-2 NIW projects, choosing Masterplans equips you with over two decades of unparalleled expertise in the specialized field of immigration-focused business plan development.

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Award-Winning Excellence

Our reputation as an award-winning firm, including being named a “Top 5 Business Plan Writer” by EB-5 Investors Magazine for the last five years and counting, is founded on an unwavering commitment to quality and client satisfaction. 

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Proven Track Record

Our approach is grounded in enterprise-level research and analysis, like IBISWorld, Esri, and Statista to ensure that your business plan transcends mere aspiration. This precision is why leading immigration attorneys exclusively refer their clients to us for writing their business plans.

Precision. Clarity. Comfidence.

Navigate complex immigration requirements confidently, we turn complexity into clarity, saving you time and headaches..

For entrepreneurs pursuing various visa categories such as E-2, L-1-A, EB-5, or EB-2 NIW, a USCIS-compliant business plan is written specifically to meet the demands of immigration authorities.

Our tried and true business planning process enables us to articulate your unique business model — be it an existing business aiming for U.S. expansion or a completely new enterprise — and translate it into a comprehensive, clear, and comprehensible business plan that meets the mandates of immigration authorities.

A professionally drafted business plan empowers you in the visa application process. With a business plan from Masterplans, you can approach immigration authorities with confidence, knowing that your plan meets all USCIS or consular requirements.

Download Sample Business Plans ›

EB-5 Visa Immigration Business Plan Template

Key Sections of a Business Plan for Immigration

Your business plan is structured so government officals can easily find what they need, while ensuring a cohesive, consistent, and comprehensive overview of your venture..

Executive Summary

Executive Summary

The Executive Summary serves as a targeted overview tailored to the specific criteria that immigration officials seek, depending on the visa type. While offering a concise snapshot of your venture, it also includes brief summaries of each subsequent section in the plan. Additionally, it highlights the location, ownership structure, and financial performance, ensuring that officials not only understand the venture's potential and viability but are also inclined to explore the plan further.

Company Overview

Company Overview

Consular offices necessitate a thorough understanding of your business to evaluate its suitability for the visa in question. This involves  showcasing the unique value proposition and establishing why a presence in the U.S. aligns with your growth strategy. The business description will precisely outline the products or services offered, describe the operational framework, and elucidate the revenue model. If applicable, the company description will also detail the interaction between the U.S. and foreign entities. 

Market Analysis

Market Analysis

To secure your visa, it's vital to demonstrate a nuanced understanding of industry dynamics. Masterplans employs industry-leading market research tools , including Statista, IBISWorld, and Esri's Business Analyst, to  to offer an in-depth market and competitor analysis. This includes a localized market analysis when relevant, pinpointing the specific needs and opportunities within your target area. Additionally, our competitor analysis delves into your competitive advantage, outlining how your business differentiates itself in the marketplace. 

Strategy & Implementation

Strategy & Implementation

In the Strategy and Implementation Summary, Masterplans zeroes in on key short and long-term objectives designed to grow your company's presence in the U.S. By crafting a tailored marketing strategy that identifies effective channels for your industry, we outline how your business will attract customers and provide actionable steps and tactics to position your business for competitive advantage in the U.S. market.

Management Summary

Management Team

A successful immigration business plan emphasizes the skills, qualifications, and experience of the visa applicant, whether launching a new enterprise in the U.S. or relocating to manage an existing one. Our management summary details job roles, responsibilities, and organizational structure, often through an organizational chart chart, ensuring immigration authorities grasp the applicant's suitability and managerial oversight for the venture.

Financial Projections

Financial Projections

For every immigration business plan, Masterplans creates a detailed five-year financial projection , that includes an income statement, cash flow statement , and balance sheet, to demonstrate the viability of your business and its capacity for job creation. We provide a line-item breakdown of the investment amount, its allocation, and the ownership structure among investors, offering a comprehensive financial picture that aligns with immigration requirements.

“For nearly a decade, Masterplans has been a trusted provider on complex and more conventional cases alike.

No matter what the visa is, their team has consistently delivered complete, cost-effective plans that contribute to success.”.

Ryan Kosobucki, Sara Rama, Federal Immigration Attorney and frequent Masterplans client

Ryan Kosobucki Managing Partner, Kosobucki & Tessier PLLC

E-2 Visa Immigration Business Plan Template

Trusted by Top attorneys

More than a business plan, a tailored immigration strategy, the key to visa approval lies in addressing the unique criteria for each visa type..

  • For an E-2 visa, the focus is on demonstrating an initial investment and ensuring the business becomes non-marginal
  • In the case of the L1-A visa, it's crucial to show that the beneficiary is highly qualified and serving in a managerial or executive role essential for smooth U.S. expansion
  • For EB-5 applicants seeking a green card, the emphasis is on making a significant investment, often in Targeted Employment Areas (TEAs), that will create well-paying American jobs
  • For the EB-2 National Interest Waiver (NIW), the key is to articulate the unique skills and experience of the applicant in a way that aligns with the national interest

We're experts in meeting consular expectations, even supporting clients through any Request for Evidence (RFE) at no extra cost. Trusted by over 300 immigration attorneys, many regularly refer clients to us, affirming the quality of our work.

Immigration Attorney Partners ›

“i know my clients will have a positive experience with masterplans.  , their business plans are professional, well-researched, and prepared quickly. they’ve always been a joy to work with.”.

Belma Demirovic Cinchoy, Sara Rama, Federal Immigration Attorney and frequent Masterplans client

Belma Demirovic Chinchoy Partner, Iyer Demirovic Chinchoy LLP

William Dean, VP of Immigration Business Plans at Masterplans

Crafted by Experts

Willam dean, vp of immigration.

William Dean directs our team of business plan writers, and market research and finance experts, to craft filing-ready business plans for clients referred by over 300 law offices. Specializing in client material and RFE reviews, he has helped applicants secure E-2, L-1A, EB-2, and EB-5 visas. He has overseen the creation of nearly 2,500 visa business plans and is a frequent speaker at immigration conferences and on podcasts.

Meet The Team ›

Business plans for immigration faqs,  we've compiled a list of frequently asked questions to provide clarity on our service and process. if you don't find the answer to your specific question here, please don't hesitate to contact us ., how is the cost of a business plan for immigration determined.

Our pricing is influenced by several factors including visa type, industry of operation, plan length and scope, variables like multiple physical locations, and your timeframe.

Immigrations business plans generally range from $2,000 to $9,000, based on complexity and the team members required. This fee covers an in-depth discovery process, detailed research, professional writing and editing, and advanced financial modeling. We are happy to provide a complete scope of work for your project, free of charge, in as little as 24 hours. Simply contact us to set up an appointment.

For more information about what is included in our engagements, please see our pricing page .

How many pages is a filing-ready business plan?

The ideal length of an immigration business plan is precisely as long as it needs to be, and not a page more. While most immigration business plans fall within the 40-60 page range, with around 15 pages dedicated to financial statements, it's essential to remember that quality isn't determined by page count. Evaluating a business plan's merit based solely on its length misses the true value and depth of its content. 

You can see some examples of our immigration business plans here .

How long will my business plan project take?

Our projects kick off within 24 hours of receiving payment. From there, the timeline largely depends on your pace and preferences. Some clients prefer a more deliberate and procedural approach, while others are working against tight deadlines. Typically, we can deliver a complete first draft of the business plan within two weeks. We offer both 45-day and 90-day engagement timelines, ensuring ample time to integrate your feedback and steer the direction of the project.

You can learn more about our process and timeline here.

Do you guarantee consular approval?

Masterplans cannot guarantee approval of your visa application, as there are far too many variables outside of our control.

However, we guarantee that your business plan will meet all USCIS and consular requirements, and any changes directed by government authorities via an RFE are fully supported at no additional charge.

Do I need an attorney?

You do not necessarily need an attorney to engage our services at Masterplans; however, we strongly recommend consulting with a legal expert when navigating the immigration investor visa process.

An attorney specializing in immigration law brings a wealth of expertise and experience that can be invaluable in ensuring a successful visa application. They are well-versed in the nuances of immigration law and can provide tailored advice to meet the specific requirements of different visa categories, such as E-2, L-1A, EB-2, and EB-5. Attorneys can assist in gathering and presenting the necessary documentation, including financial records and business plans, in a manner that aligns with immigration mandates. They can also represent you in interactions with immigration authorities, providing an additional layer of credibility and assurance. Moreover, should you encounter any challenges or receive a Request for Evidence (RFE), an attorney can guide you through the appropriate response to strengthen your application.

Here are a few of our immigration attorney partners .

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Business Plans & Professional Plans for Immigration

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When issuing an EB-1, EB-2 NIW, or E-2 Request for Evidence (RFE), it is common for the USCIS to request " a detailed description of the proposed endeavor ".  

In situations like this, you may need a customized professional plan or a business plan from ProfVal – and, in some cases, both.

Depending on the visa that you or the petitioner is applying for, your business plan or professional plan may need to focus on different areas like:  “why it is of national importance”, why a petitioner is extraordinarily qualified in the domain of the endeavor, or to clarify your investment/business ownership in a “bona fide enterprise”.

In support of hundreds of leading immigration law firms, ProfVal has reviewed and provided our services in response to thousands of RFEs (EB-1, EB-2 NIW, E-2). Our approach to professional and business plans is thus based on requirements commonly discussed by the USCIS, feedback from many of the world’s best immigration attorneys, and our own research.

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Home Blog Business Plan Step by Step L1 Visa Business Plan Guide

Step by Step L1 Visa Business Plan Guide

Ishan Jetley

Home » Step by Step L1 Visa Business Plan Guide

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l1 business plan guide

As one of the members of the Go Business Plans business plan team, the most important question that every visa applicant has to ask when creating a business plan is: What will my business bring to the U.S.?

An immigration business plan may seem like a regular business plan but it actually has a very different audience. An immigration business plan seeks to fulfil the main visa requirements set by United States Citizenship and Immigration Services (USCIS). Immigration business plans are not written for investors who may or may not invest in your business or for a bank that may or may not loan money or open a credit line. An immigration business plan is for an immigration officer who will decide whether or not your application should be approved. Our team at Go Business Plans regularly completes more than 300 immigration business plans every year. We have a 100% approval rate and our L1 visa business plan writers and consultants can help you complete your business plan. There are four major requirements you must fulfill to apply for an L-1 Visa:

Requirement 1 The petitioning U.S. entity must have a qualifying relationship with your entity abroad.

Requirement 2 Sufficient physical space must be secured for a new office.

Requirement 3 A new office must be active and operating within one year after the L-1’s admission to the United States if requesting an extension of stay.

Requirement 4 After 1 year the new office must support a managerial or executive position if you are requesting an extension of stay in the L-1A classification.

Essentially, the USCIS wants to know the ways your business can be valuable for the country and the way it can be beneficial overall. This can be portrayed through a number of ways including but not limited to: the number of jobs created, the added value your services or products will bring to customers, the investment that is put at risk while setting up your business and through the sustainability of your business. In the following guide, we have laid out the key components that your L1 Visa Business Plan should include to give yourself the best chance to secure your visa and fulfill the aforementioned requirements.

SECTION 1: GATHER NECESSARY DOCUMENTS

Having all necessary supporting documentation is the most important step in the L1 visa business plan writing process. It will be much easier to write the plan once you have gathered all of the documents. To write a detailed L1 visa business plan, you will need the following documentation:

  • Lease or deed agreement if you are renting business space, or buy-sell agreement if you are using company-owned business space
  • Foreign company’s financial statements for each of the past three years
  • Current organizational chart of the foreign company and expected organizational chart of the U.S. company in year 5
  • Business buy-sell agreement if you are purchasing an existing business, or franchise agreement if you are purchasing a franchise
  • Articles of incorporation or articles of organization depending on whether your firm is a corporation or a limited liability company
  • Resume of the applicant and resume of employees already hired and occupying management positions
  • List of capital invested by the applicant including expenses already incurred and the working capital remaining
  • Finally, you need to determine if the foreign company is a parent company or an affiliated company

Again, having your documents readily on hand will make your writing process with GoBusinessPlans much smoother.

SECTION 2: TONE, STRUCTURE, GRAMMAR, AND PROOFREADING

What is said in the business plan and how its said is equally important when it comes to your immigration business plan. In order to complete your business plan at the optimal level, we follow the following guidelines:

  • If the company is already in operation, use present tense; if not, use future tense
  • Stay away from passive language and use active verbs instead
  • Use concise sentences
  • Do not use contractions
  • Do not use familiar or slang words
  • Always use the third person when speaking of the applicant
  • Company should be addressed as “Company, LLC” or “Company, Inc.”
  • Try to include photos of the company’s location, website, social media sites, flyers, etc.

Finally, you will want to have somebody else proofread your business plan. You will of course proofread your own business plan several times yourself, but having an outsider’s perspective is always helpful.

SECTION 3: BUSINESS OVERVIEW

The business overview is the first thing that the application reviewer will read. The business overview is also called the executive summary. The executive summary needs to be concise and well prepared, as it is a summary of the entire immigration business plan. Executive summaries are usually one to four pages long and list: the nature of the company, expansion strategy, target market, marketing strategy, and number of employees.

In order to prepare the best business overview, you should answer the following questions in your executive summary:

  • When was the business created?
  • Who are the business’ owners?
  • What does the business do?
  • Where is the business located?
  • What is the business’ mission?
  • What is the business’ expansion strategy?
  • Who is the business’ target market?
  • What is the business’ marketing strategy?
  • What does the business’ foreign parent or affiliate company do?
  • How many employees are there?

SECTION 4: FOREIGN BUSINESS OVERVIEW

The foreign business overview will include the foreign company’s business model, history, and market position. The purpose of this section is to give the USCIS an overview of the parent company’s activities, to prove it is financially stable, and to show how it is able to grow and sustain a business in the United States. The same questions that were presented in SECTION 3 should be answered for the foreign business overview. You should also add information or photos regarding the products or services offered by the foreign company, describe its position in the marketplace, quickly outline its competitors, and describe its expansion strategy for the next five years. Additionally, you should include information about the foreign business’ revenue growth over the last five years, its net worth, its employee count, and any awards or national certificate.

If you want to further improve your foreign company’s summary you can include information about the foreign company’s industry and market in its country. Although this is not necessary, it will show that the foreign company is in a growing industry and has a strong and sustainable potential for future growth.

Note: Do not forget to convert foreign currency to USD and to include the exchange rate, the source you obtained it from, and the date you obtained the rate you used.

In addition to the executive summary of the foreign business, you should also include a concise overview of the management team of the business. This can include an organizational chart of the foreign company and a description of its team. This section will provide the USCIS with a more precise description of the foreign company’s organizational structure.

SECTION 5: LOCATION

Location is everything when it comes to your business and this must be reflected in your immigration business plan. Choice of location is sometimes the ultimate marker of success for a business and may bring an enormous change in customer base for any given business. Therefore, showing that you have already signed or entered a lease gives credit to your business. This is also one of the most important factors that an immigration officer looks for in your plan.

You should use the information in your lease agreement, deed agreement, or buy-sell agreement to show the address where the business will operate, the premises, the square footage, and if it is an office with storage space. Remember that the square footage of an office cannot be less than 500 square feet. If you have a professional photo of the location or if you have renovated, you should include them here as well. You may also add the date the lease was signed, the length of the lease, with which company the leased was signed, the yearly base rate, and the yearly increase rate.

If you want to further improve your location section, you can include a map with your business on it, the business days and hours of operation, and an email address or phone number where customers will be able to reach you.

SECTION 6: OWNERSHIP

The structure of the company is vital for the business plan because it tells the immigration officer the number of people with decision-making power within the company. Use the information in the articles of incorporation or the articles of organization to complete this section. From an immigration point of view, it is necessary that the applicant proves majority ownership over the company.

This section should also show the company’s ownership structure (limited liability company, corporation, partnership, sole proprietorship, etc.), the date of incorporation, and details about the owner. Any graphics that show investments of each shareholder is also a great way to show the immigration officers a clear and concise layout of ownership and structure of the company.

SECTION 7: BUSINESS OFFERINGS

This section should include a short description of your business, the products and/or services your business offers, as well as a description of your business’ suppliers. Below is more detailed information for each of these three sections.

Business description  — Writing a short description of your business can be difficult, but it is necessary for you to summarize what you do in just a few sentences — similar to an elevator pitch. Do not provide too much information about the business offerings here, but instead focus on the overall goal, mission, and reason that the company exists in as few, concise, and descriptive sentences as possible.

Offerings description  — The goal here is to describe the offerings your company will provide, as well as the ways in which the company will deliver its offerings. No matter the size of your product and service offerings list, you want to create simple and understandable categories. For each offering category, you must list and provide a description of your company’s products or services, include examples of specific products or services, and write why each specific product or service answers a need for the targeted market. Providing photos and price points are also great things to include.

Suppliers description  — The importance of your business’ suppliers depends on what you are offering and what your activity is. If you know who your suppliers will be, you should mention them, as this improves your chances of getting approved. You should also emphasize why your business will be successful based on your relationship with the suppliers. If you have an exclusive distribution contract with your supplier, this is a great thing to indicate as well.

SECTION 8: INDUSTRY

The industry analysis gives the application reviewer a full understanding of the industry the company will be operating within. The industry analysis should include trends of the industry over the last five years how it has evolved, its current state, and the industry forecast for the next five years. The industry analysis section should also include data about the industry’s annual sales, yearly growth rates, sales forecasts for the next five years, and a summary about the industry’s future.

The goal in this section is to show that there is an environment where your company can grow within its industry. In general, you will want to edit out any negative data, statistics, or anecdotes about the industry that your company is operating within, and make sure to really highlight the positive aspect. Additionally, you should show how certain statistics and data speak to your company, and how your company will continue to enhance the industry in return.

SECTION 9: MARKET

The purpose of this section is to show that you have to know who your customers and clients are, and that you have a good idea of who you will target. These things will show that you understand your business and will give you a leg up when it comes to the immigration officer reading your application. In the beginning of this section, you should be sure to list which state, city, and neighborhood your company will be located, describe the median income or poverty level, and indicate if and how the city is ideal for the type of business you will establish. Below are further sub-sections you should include in your Market section:

Geography  — Present the average annual revenue per business for firms operating in the same industry and area as your company. This will show that your company has the potential to generate revenue and that there will be a demand for the type of products or services that your company will offer.

Competition  — Outlining competitors in the area gives an idea of how hard it will be for your business to obtain market share. However, having competitors does not always mean bad luck for your company. If the area you operate within has a demand for your offerings, competitors can actually be good for your business, and this should be detailed in your business plan. You can also display a map where competitors can be found.

Target Market  — In this sub-section you will want to answer the following questions:

  • Who are your customers?
  • What is your target market’s predominant gender?
  • What age are the individuals within your target group(s)?
  • Where do the individuals within your target group(s) live?
  • What are the jobs of individuals within your target group(s)?
  • How much do the individuals within your target group(s) earn?
  • What factors may cause your target group(s) to not want to or to not be able to purchase your products or services?

While these are all important questions to answer, feel free to answer as many questions as you can think of to further define this target market. The more you know about your target market the more you will convince the application reviewer that you know your business and you know how to operate within the industry.

SECTION 10: COMPETITION

One of the key features of great business plans is highlighting competitors to the company and showing how the company will out perform the competitors. Furthermore, the competition analysis section shows how the company does or will do compared to its competitors, and should include a table comparing the business to its competitors. The table should summarize each competitor’s business overview, the products and services offered, the average price, the targeted audience, the segmentation of the products and services offered, and the company’s ability to specialize and improve its efficiency.

There should also be a small section at the end of the competition section that highlights your business’ advantages over its competitors. The purpose of this section is to show that the company will thrive in its location and will be able to surpass its competitors. You can also list the competitors that the parent company faced in the country of origin, as some may differ from the United States.

SECTION 11: MARKETING

Your marketing strategy is vital in helping you reach and attract your target market. Currently, online marketing is the main focus of many marketing strategies and efforts for companies all over the globe. However, there are several forms of marketing strategies that must be considered and put into place. Below is a list and short description of these strategies:

Search Engine Optimization — Search engine optimization (SEO) campaigns help a website to appear on the first page of results when typing certain words into a search engine such as Google or Yahoo. Appearing on the first page of results is vital because very few internet browsers click to the second page of results. Therefore, it is important to dedicate a certain amount of your financials to SEO every month.

Social Media — Having a website is no longer enough to market your business. There are target markets on every social media network and they are waiting to be engaged. Social media has many advantages, such as directly conversing with your target market, finding new ways to grow your business, and increasing the company’s online exposure. You can also list the social media sites that the parent company used in the country of origin, as some may differ from the United States.

Print, TV, And Radio Advertising — Print, TV, and radio advertising offer the the company a way to explain their product or services in traditional formats. Brochures, commercials, flyers, and letters can all be effective marketing techniques. Include information about the traditional media you will be using, their targeted audience, and why using them would be beneficial to the company. You can also list the traditional formats that the parent company used in the country of origin, as some may differ from the United States.

Trade Shows — Trade shows are an efficient way to showcase the company’s products to an interested audience and potential customers. More importantly, attending trade shows is an advertising opportunity where you can also have media exposure. You can also list the different types of trade shows that the parent company used in the country of origin.

While the above are certainly not all of the marketing strategies available, they are the main ones that many business implement.

Finally, you should include a marketing timeline in this section. The marketing timeline should summarize all of your marketing strategies and give an idea of your marketing strategy as a whole. The timeline will include when each campaign will begin and state the marketing goals that you are hoping to reach. You can also briefly list the marketing timeline for the parent company and how it benefitted the business in the country of origin.

SECTION 12: MANAGEMENT

This is the most important section of your L1 visa business plan because it displays your ability to efficiently and effectively manage your business and manage a team of qualified employees. Make sure you explain the information in this section as clearly as possible because the number one reason that L-1 applications receive denials is the USCIS’s dissatisfaction with the sufficiency, clarity, feasibility, or level of detail in the personnel sections. In addition, it is recommended for the foreign company to have been established for at least three years and to be able to show the financial status of the foreign company over the past three years. This will allow the USCIS to decide whether or not the foreign company can support the U.S. company.

Before you start this section, you must again start gathering documents including:

  • Resume of applicant
  • Resumes of all employees already hired that operate at managerial positions
  • Employees’ positions, salaries, and job descriptions

Once you have gathered all of the resumes and information you can begin outlining each employee. This section should include outlines that consist of:

  • A description for all the employees already hired
  • A description for all the employees the company plans to hire
  • Year of hiring
  • Tasks, roles, and responsibilities
  • How they will contribute to the growth and success of your company
  • How qualified the person should be

Note: Keep in mind that you can increase your chances of getting approved if you state that you expect to hire at least five employees by the end of year 5.

It is not only important to present what your employees will be doing, but it is also important to provide the detailed personnel numbers, including the number of employees per each position and employee salaries. This will allow the application reviewer to see how realistic your personnel plan is, and will provide a concrete number showing how high your taxable salary mass will be, which is of high interest to the USCIS.

Hiring Strategy

This portion of the management section explains how many employees the company will hire from year 1 to year 5. This can include an explanation for the increase in personnel using information from the sales forecast and also to justify the payroll for employees that receive tips or the equivalent. If your company plans to hire contractors or part-time workers, include a description of their job responsibilities and add them to the personnel tables. You can begin by indicating the payroll expenses in years 1 and 5.

Applicant’s Role

Remember that you are also an employee of the company, so you must include your detailed job description as well. Usually, you should emphasize your importance and how the company cannot operate without you. You should be at the top of the management pyramid, and have a minimum of three managers below you in the pyramid by the end of the first year of operations. Additionally, you will need to outline your involvement in the business. This will need to be broken down into year 1 and year 5 increments as detailed below:

Applicant’s Time Allocation in Year 1

This section is a specification for the L-1 visa application, and is extremely important for the business plan. This part requires a lot of detail that may be better organized into a table. This table should include:

  • The specific tasks that will be completed by the applicant (classified by department and employees involved)
  • The amount of time the applicant will allocate to each task (as a percentage of the applicant’s total available working time)
  • The other positions in the company that will be involved with and affected by each task that the applicant is completing

Applicant’s Time Allocation in Year 5

This part highlights the importance of the applicant in the U.S. company by emphasizing each task that will be performed by the applicant in the company’s fifth year of operations. However, the goal of this section is different from the goal of the previous section. Here is where you show that in the company’s fifth year of operations, the applicant’s only role will be to supervise and oversee tasks — not to perform hands-on activities.

SECTION 13: FINANCIALS

The financials section is the backbone of your L1 visa business plan. This will show your company’s expected growth using revenue, costs of production, and net profit for the coming five years. A typical L-1 financial projection plan is composed of six sections: investment summary, sales forecast, feasibility analysis, profit and loss statement, break-even analysis, and the balance sheet. Below is a breakdown of what each section should include:

Investment Summary  — For L-1 visa applications, the investment summary section is optional, but it could strengthen your L-1 application. The categories that typically qualify as investment are working capital, professional fees, starting inventory, equipment, rent, and marketing expenses. This part should be completed with a lawyer’s approval, as all expenses need to be proved to the application reviewer.

Sales Forecast  — This is educated guessing, so do not expect to get this section perfect. However, you do want to make this section reasonable. A sales forecast should show the following items:

  • The number of products or services you will sell during each of the next five years
  • The price per unit of your products or services for each of the next five years
  • The total revenue of your company
  • The cost per unit for each of your products or services
  • The total cost of goods sold for the next five years

Feasibility Analysis  — The feasibility analysis explains how the company will reach its sales growth from year 1 to year 5. The feasibility study’s goal is to prove that the company’s total revenue estimate in each of the coming five years will be achieved by its substantial investment into marketing and sales efforts, as well as by the influence of external factors such as exponential industry growth.

Note: In 2016, there was an increase in the number of requests for evidence issued by the USCIS because of nonexistent, poorly prepared, or vague feasibility analyses submitted by L-1 visa applicants. Therefore, this section should be created with extreme care.

Profit and Loss Statement  — The profit and loss statement summarizes company’s sales and expenses. This portion also calculates net profit. You can decide over how long of a period you would like to depreciate your long-term assets, but it is usually recommended that you depreciate them over 5 or 10 years.

Break-Even Analysis  — The break-even analysis determines whether and when your business will start covering all of its expenses and begin to make a profit. The key to this portion is to have a clear understanding of your company’s operating business expenses, sales, and cost of sales in each period. Identify your costs in each period to help determine the revenue needed to pay ongoing business expenses.

Balance Sheet  — It is highly recommended to include a balance sheet in the financials section. The balance sheet summarizes a company’s assets, liabilities, and shareholders’ equity at a specific point in time. The balance sheet is an overview of the company’s financials, and proof of the company’s health. The balance sheet is composed of sections for assets, liabilities, and equity.

If you need help with your business plan, please don’t hesitate to contact us by clicking this link . We have successfully completed more than 1200+ L1 visa business plan projects and look forward to working on your business plan project.

You can learn more about our L1 visa business plan service by clicking here: https://www.gobusinessplans.com/l1-business-plan/

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Immigration Business Plans: Permanent Residency Through Entrepreneurship and Investment

Do you want to find out the best option for your situation for an Immigration (Canada or the US) Business Plan? Call us toll-free or take less than a minute to fill our Online Assessment.

Within one business day we will follow up with you to schedule your immigration consultation through phone.

Are you an international entrepreneur with a significant net worth who is willing to invest in order to immigrate to Canada or the United States?

Are you interested in starting your own company, expanding your company or acquiring an existing business in Canada or the US? Is obtaining permanent residency by business and investment activities an attractive proposition to you? 

More importantly, is the idea of living in prosperous and opportunity-filled countries like Canada or the US to start a family or bring your accompanying family extremely exciting to you?

Each immigration visa program has different requirements, however, both countries have numerous programs that are designed to attract foreign business and/or investor immigration into their respective countries. 

We can help you find the immigration visa program that is best suited to your specific background, experiences, current circumstances, and your ultimate immigration goals.

Why Are Business Plans Important For Successful Immigration Program Applications?

Government officials and governing bodies that are responsible for their country's immigration programs want to select candidates that have the best chances of success in contributing to the economic development and growth of their respective domains for permanent residence.

They know what they need from international entrepreneurs and investors in order to sustain and surpass their short and long-term economic goals.

Why Is It Important To Hire An Immigration Law Firm?

At My Visa Source, our award-winning immigration firm staffed with immigration lawyers and licensed immigration professionals have spent over a decade servicing people just like you from over 120 countries for their immigration needs.

Each visa program for entrepreneurs and/or investors have two components: 

  • the visa program’s application process and all the supporting documentation that goes with it and 
  • a detailed business plan that meets each program’s requirements

Would you rather have an immigration law firm who are familiar with both important aspects represent you or a business plan writing company with no lawyers for the visa program or worst taking chances doing it yourself from random internet templates?

What Are The Immigration Programs And Accompanying Business Plans Available?

Canadian provincial nominee program (pnp) business plans.

  • British Columbia BC PNP Visa Business Plan
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  • Northwest Territories NTNP Visa Business Plan
  • Nova Scotia NSNP Visa Business Plan
  • Prince Edward Island PEI PNP Visa Business Plan
  • Saskatchewan SINP Visa Business Plan
  • Yukon YNP Visa Business Plan

Canadian Immigration Business Plans

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LMIA Owner Operator Business Plan

  • LMIA Owner Operator

US Visa Business Plans

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What Are The Details Of The Expertly Written Visa Business Plans?

Our business plans will be customized to your specific situation and be ready for the Canadian government body of Immigration, Refugees and Citizenship Canada (IRCC) or to the U.S. Citizenship and Immigration Services (USCIS).

They will cover comprehensive areas that meet government requirements and standards:

  • Executive Summary
  • Business Description: Includes description of products or services
  • Strategy and Implementation
  • Financial Projection with property, equipment and financial needs analysis and plan
  • Profitability Analysis
  • Industry Analysis
  • Market Analysis 
  • Marketing Plan with measurable objectives. If a marketing plan is not required, then a SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis will be created
  • Competitive Landscape Analysis
  • Organizational Charts and Legal Business Structure
  • Human Resources Set up Plan

They would also include:

  • Your intentions to settle and live in the country, region or category that you are creating a business or acquiring a business
  • Your experience in management or business ownership
  • Your investment amounts with required timeframes
  • how your business will create employment opportunities for Canadian  or US citizens or permanent residents

What Are the Next Steps to Begin With My Visa Source?

My Visa Source's immigration lawyers dedicate themselves to your Immigration Business Plan strategy, tailored to your personal situation along with being expertly researched and professionally crafted.

Partnering with an award-winning immigration firm greatly increases the likelihood of achieving your specific permanent residence goals for yourself as an entrepreneur/investor.

Begin Your Chosen Immigration Business Plan Today!

Securing our Immigration Business Plan service is quick and simple. Begin with our one-minute online assessment or call us toll-free at 1-888-509-1987.

Book a personal consultation to speak with an award-winning immigration lawyer over the phone, or in-person at our downtown Toronto and Vancouver offices. 

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How do I prepare an Immigration Business Plan?

by Giselle Carson | Jul 1, 2016 | FAQ , Immigration

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Immigration Business Plan for L-1s and E-2 Investors Visas

L-1 and E-2 Treaty Investors Visas Background

L-1 Visas are a useful and effective vehicle for multinational companies to establish or expand their presence in the U.S., and to bring qualified personnel.

For example, the owner or manager of a manufacturing company abroad who wishes to expand to the U.S. could be sponsored for this visa. A staff member who possesses specialized knowledge of the company’s products, services, operations, or proprietary techniques might also be eligible for this visa.

The L-1 is currently the preferred visa used by global companies to transfer executives, managers, and employees with specialized knowledge to the U.S.

The E-2 visa is an attractive way for small business owners and entrepreneurs from certain countries that have a treaty of commerce with the U.S. to come to expand or start a business in the U.S. They are also a good tool for multinational corporations to transfer certain executives, managers, and employees with essentials skills to the U.S., who, for example, might not qualify for an L-1 visa or H-1B visa.

To qualify for the E-2, the applicant must be a national of a treaty country and be investing a substantial amount of capital in a U.S. business that creates U.S. jobs.

Both of these visas have their Pros and Cons. However, they are both commonly used by businesses to bring qualified workers to the U.S. They both require the filing of a comprehensive business plan.

The Business Plan Requirements

The business plan plays a very important role. It is one of the key documents immigration officers rely on to determine whether the company’s investment meets the immigration requirements. It is critical that applicants learn about the business plan requirements and allocate time and resources to develop a complete and credible plan. In a recent decision, the immigration court noted that “the company’s four-page business plan was wholly inadequate and failed to meet the company’s burden”.

The plan must support the long-term survival of the company and its ability to create employment opportunities for U.S. workers. It should include a five year business and financial growth projection. It should provide a clear picture of the current and future investment.

Purpose of this Document

We created this document to assist you in the preparation of your business plan. The summary below includes an outline of the elements that the immigration courts have noted should be included in a sound U.S. immigration business plan.

The summary includes suggested sections and content for those sections. It also includes helpful tips and information to help you prepare this important document. You should also consider hiring a professional immigration business plan writer to assist you. The immigration team at Marks Gray can provide additional support and guidance, upon request.

What Should I include in my Business Plan?

An Immigration Business Plan is different from a traditional business plan. It should provide sufficient information from key areas of your business to assist an immigration officer in making a favorable decision in your case. In drafting your plan consider providing answers to these questions:

  • What will my business bring to the U.S.?
  • How will my business add value to the country?

These points can be demonstrated by showing:

  • The Number of Jobs Created
  • Strength and Value your Services or Products will bring to Customers
  • Sustainability of the Business and others

Outline of Sections and Content for your Immigration Business Plan:

Executive Summary

This section of the business plan should be concise, well written and organized and provide a one page overview of the background and main features of your business.

Key Pieces of information to include are: nature and description of the business, products or services offered, background of entities involved, date of incorporation, location of operation and why they were chosen, company objectives, competitive advantage, marketing strategy and sustainability plans.

Business Background and Structure

Vital business information to include: organizational charts for the entities involved including the applicant’s positions in the U.S. and abroad. Plan to include key employees immediately above and below the beneficiary’s division, department or team including name, job title, general duties and educational level.

Source of Funds and Investment

Plan to include: the initial and future investment amounts, description of the original source of funds (earnings, loans, sale of property or business, gifts, inheritance), how funds are moved to the U.S., how funds are being invested (such as list of start-up expenses), and evidence of investment in physical premises to run the U.S. operations. Start-up expenses could include: rental deposit, technology, permits, licenses, furniture, equipment and others.

Product/Service Description

You should include: list of product(s)/services provided, photos of sample products with descriptions and marketing materials for products/services.

Market analysis and Marketing Plan

This should include your target market and plans to reach that market. Include the names of 2-5 competitors and their relative strength and weakness and your competitive edge. Describe contracts or agreements already in place and/or prospective clients. Include samples of marketing/advertising materials for U.S. Company and website.

Financial Plan and Projections

These should include: detailed five year financial charts and projections and economic impact of business to U.S.

Staffing Plan

The plan should set forth the business’ organizational structure and its personnel. It should include a five year staffing chart for the U.S. Company with planned position titles and general duties, pay rate, education and experience required and hiring timetable.

Key Documents to Gather

You should gather the following documents to assist you:

  • Commercial Lease or Deed Agreement for the Premises
  • Financial Statements and Taxes for the Last Three Years
  • Organizational Charts
  • Purchase or Franchise Agreement if You’re Buying a business
  • Articles of Incorporation or Organization
  • Business licenses and registrations required for you to conduct business
  • Résumé of the applicant and key employees
  • List of capital investment including expenses already incurred or to be incurred
  • Contracts with third parties for products/services

For the L-1A Business Plan

Include evidence of:

  • Viability of the U.S. business and abroad for five years.
  • Clear description of qualifying relationship of the entities involved (supplemented by organizational charts).
  • Role of the transferee abroad and in the U.S. (note the specific immigration duties for a manager, executive and person with specialized knowledge).

New Office L-1 should additionally provide information outlining:

  • Need for the new office in the U.S.
  • How the U.S. office will support the executive or managerial position in one year.
  • Plan to hire one or more employees within one year of operations.
  • Description of physical premises including square footage, type of building and why it was chosen (include color photos of the premises – inside and out).
  • Financial ability of the foreign entity to support the U.S. operations.

For the E-2 Business Plan

  • Substantial Investment and that the business will realize financial gains to support workers beyond the foreigner and family.
  • Strong market analysis to show how the business will succeed.
  • Business background of foreigner which compliments his U.S. role.
  • Description of physical premises including square footage and why location was chosen.
  • Additional evidence and presentation as required by the applicable Consulate.

New and small business E-2 should additionally provide information outlining:

  • Applicant’s possession, control and irrevocable commitment of investment funds.
  • The lawful source of funds. This can be a time consuming process but must be done carefully or it can result in the denial of the petition. Documentation can be particularly difficult in countries with no tax returns or with perceived corruption problems.

For more information about our Business Immigration legal services, please email [email protected] .

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Immigrant Pathways for Entrepreneur Employment in the United States

Immigrant pathways offer opportunities to work in the United States for a range of reasons on a more permanent basis. They provide lawful permanent residence (Green Card) which can eventually lead to  U.S. citizenship .

The lawful permanent resident process involves at least two steps, depending on the employment-based immigrant visa classification sought.  An immigrant petition must be filed with USCIS and then, if you are in the United States and eligible, you may file an adjustment of status application with USCIS without departing the United States, or you may file an immigrant visa application with the U.S. Department of State (DOS) outside the United States and go through consular processing.

An approved immigrant visa petition secures your priority date that will determine the order of immigrant visa availability. Your priority date is generally the date the immigrant visa petition was filed on your behalf. You may only file an adjustment of status application, or request a visa through a consulate, once an immigrant visa is immediately available. If an immigrant visa is immediately available when you or your sponsoring employer files the immigrant petition with USCIS, you may file your adjustment application at the same time. You are eligible to apply for employment authorization concurrently with your adjustment application and while your adjustment application is pending.

The availability of an immigrant visa will depend on the employment-based classification being sought and the immigrant’s country of chargeability (usually the country of birth).

The USCIS webpages on  Visa Availability and Priority Dates  and  Consular Processing  provide information about the  DOS Visa Bulletin  process and explain how DOS allocates immigrant visas and consular processing generally.

You may be eligible for the EB-1A extraordinary ability immigrant classification if you have extraordinary ability in the sciences, arts, education, business, or athletics as demonstrated by sustained national or international acclaim and recognized achievements in the field of expertise. In addition, you must show that you will continue working in your area of extraordinary ability and that your work will substantially benefit the United States in the future. Extraordinary ability means that your level of expertise indicates that you are one of the small percentage of individuals who have risen to the very top of your field. You may self-petition as an extraordinary ability individual, because a job offer is not required for this classification.

Requirement 1- You must be able to establish that you have extraordinary ability in your field.

The EB-1A extraordinary ability classification is for people who are recognized as being at the very top of their field and who are coming to (or remaining in) the United States to continue work in that field. To establish eligibility, you must demonstrate sustained national or international acclaim and that your achievements have been recognized in the field of expertise by showing that you:

  • Have received a major internationally recognized award; or
  • Meet at least 3 of the 10 requirements listed below and all your evidence, when evaluated together, shows that you are among the small percentage of individuals that have risen to the very top of your field.

If you have not received a major internationally recognized award, you must answer yes and submit evidence for at least 3 of the 10 questions below:

  • Have you received any lesser nationally or internationally recognized prizes or awards for excellence in the field of endeavor?
  • Are you a member of associations that require outstanding achievements of their members as judged by recognized national or international experts?
  • Is there published material in professional or major trade publications or major media about you which relates to your work in the field?
  • Have you participated on a panel or individually as a judge of the work of others in the same or in an allied field of specialization?
  • Have you made original scientific, scholarly or business-related contributions that are of major significance?
  • Have you authored scholarly articles in professional journals or other major media?
  • Has your work been displayed at artistic exhibitions or showcases?
  • Have you played a leading or critical role for an organization with a distinguished reputation?
  • Have you commanded a high salary or other remuneration for your services in comparison to others in your field?
  • Have you enjoyed commercial successes in the performing arts?

Note: If the criteria discussed in this section do not readily apply to your occupation, you may submit comparable evidence to establish your eligibility. However, there is no comparable evidence for the one-time achievement of a major, internationally recognized award.

If you meet these minimum threshold requirements, USCIS will then evaluate all the evidence you submitted in its totality to determine whether you have sustained national or international acclaim and recognized achievements in your field of expertise and that you are one of the small percentage of individuals who have risen to the very top of your field.

The USCIS Policy Manual includes  detailed guidance regarding how EB-1A eligibility is evaluated , including a discussion of considerations that are relevant to evaluating evidence under each of the above criteria and evaluating comparable evidence.

Requirement 2 – You must be able to establish that you are coming to (or remaining in) the United States to continue to work in your area of extraordinary ability and your entry will substantially benefit the United States.

Some of the evidence you may submit to meet this requirement includes, but is not limited to:

  • Letters from current or prospective employers;
  • Documents evidencing your prearranged commitments (such as contracts); and
  • A statement detailing your plans on how you intend to continue working in your field in the United States.

The EB-2 immigrant visa category is for noncitizens who are either professionals with advanced degrees or individuals with exceptional ability in the sciences, arts, or business. This category generally requires a job offer and a labor certification issued by the U.S. Department of Labor (DOL) before an employer could move on to the next step of filing an immigrant visa petition with USCIS and (if approved) before a beneficiary could be issued an immigrant visa through adjustment or consular processing. Please visit DOL’s website to learn more about the  labor certification process .

DOL regulations generally prohibit the issuance of labor certifications in self-employment scenarios. However, an entrepreneur seeking EB-2 classification and a National Interest Waiver (NIW) may self-petition and not be subject to the labor certification requirement. Accordingly, one option for entrepreneurs includes filing an EB-2 visa petition if they can qualify for an NIW, which exempts them from the job offer requirement and, thus, the labor certification requirement.

If you are requesting a NIW, you must first demonstrate that you are either a member of the professions holding an advanced degree or an individual of exceptional ability.

Advanced Degree Professionals

Requirement 1 – You must show that you have a U.S. advanced degree or foreign equivalent degree.

An "advanced degree” is an academic or professional degree above a bachelor’s degree. Some of the evidence you may submit to demonstrate that you have an advanced degree may include:

  • Copies of official transcripts;
  • Certified copies of the actual degree, diploma, certificate, or similar award;
  • Any other official documentation from the school’s Office of the Registrar;
  • An evaluation from an educational evaluation agency, if you obtained your degree outside the United States; and
  • If you only have a U.S. bachelor’s degree (or foreign equivalent degree), letters from your current and/or prior employers showing at least 5 years of progressively responsible experience in your field after you received the degree.

The USCIS Policy Manual includes detailed guidance on how we determine eligibility for advanced degree professionals .

Requirement 2 – Your advanced degree must be related to the field in which you will be working.

Some of the evidence you may submit to demonstrate that your advanced degree relates to your field includes, but is not limited to:

  • A letter from you or your prospective employer describing your current or proposed job;
  • Documents describing your company and its work; and
  • A copy of your company’s annual report, if one is issued.

Exceptional Ability

Requirement 1 – You must show that you have exceptional ability in the sciences, arts, or business.

To qualify for the EB-2 exceptional ability classification, you must show that you have exceptional ability in the sciences, arts, or business. The initial evidence must include at least three of the six types of evidence listed below. If you meet the minimum threshold requirements, USCIS will then evaluate all the evidence you submitted in its totality to determine whether you have a degree of expertise significantly above that normally encountered in the sciences, arts, or business. You must answer yes and submit evidence for at least three of the six questions below:

  • Have you received a degree, diploma, certificate or similar award from a college, university, school or other institution, relating to the field of exceptional ability?
  • Do you have at least 10 years of full-time experience in your field?
  • If required, do you have a license or certification to practice in your profession or occupation?
  • Have you or will you command a high salary or other remuneration for your services, which demonstrates your exceptional ability?
  • Are you a member of professional associations?
  • Have you been recognized for achievements and significant contributions to your industry or field?

Note: If any of the criteria discussed in this section do not readily apply to your occupation, you may submit comparable evidence to establish your eligibility.

If you meet these minimum threshold requirements, USCIS will then evaluate all the evidence you submitted in its totality to determine whether you have a degree of expertise significantly above that normally encountered in the sciences, arts, or business.

The USCIS Policy Manual includes detailed guidance on how we determine eligibility for exceptional ability classification .

Requirement 2 – You must show that you will substantially benefit prospectively the U.S. economy, U.S. cultural interests, U.S. educational interests, or U.S. welfare.

A prospective benefit is generally shown by documenting a past record of achievements and explaining how that indicates your future success.

Some of the evidence you may submit to demonstrate how you will substantially benefit the United States prospectively includes, but is not limited to:

  • Documents showing how your past accomplishments benefit the United States as a whole and specifying which element(s) (national economy, cultural or educational interest, or welfare of the United States) your entrepreneurial enterprise will benefit;
  • Copies of awards or any special recognition you may have received, with details about the criteria used to grant the award or recognition;
  • Published reports about your successes;
  • Letters from current or former employers documenting your prior work experience, to include information about your accomplishments and their significance, and how these accomplishments benefit the United States;
  • Letters from experts in your field regarding your accomplishments and their significance, including how your work will prospectively benefit the United States; and
  • Evidence of past achievements should be accompanied with documentation or explanations of how these accomplishments indicate future or continued success.

National Interest Waiver

USCIS may, as a matter of discretion, grant your request for a National Interest Waiver where the below requirements are met:

  • Your proposed endeavor has both substantial merit and national importance.
  • You are well-positioned to advance the proposed endeavor.
  • On balance, it would be beneficial to the United States to waive the requirements of a job offer, and thus the labor certification.

The USCIS Policy Manual includes  detailed guidance on how we evaluate eligibility for national interest waivers based on the above requirements , and it also includes a discussion of  specific evidentiary considerations for entrepreneurs . For example, there may be unique aspects of evidence submitted by an entrepreneurial petitioner undertaking a proposed endeavor, including through an entity based in the United States in which the petitioner typically possesses (or will possess) an ownership interest, and in which the petitioner maintains (or will maintain) an active and central role such that the petitioner’s knowledge, skills, or experience would significantly advance the proposed endeavor.

USCIS considers that entrepreneurs do not follow traditional career paths and start-ups vary in structure. In addition to the general guidance, the USCIS Policy Manual clarifies that as an entrepreneur petitioner, you may submit other types of evidence to establish that your endeavor has substantial merit and national importance, that you are well positioned to advance the endeavor, and that, on balance, it would be beneficial to waive the job offer and thus labor certification requirements.

Congress created the EB-5 program to stimulate the U.S. economy through job creation and capital investment by foreign investors. This section will focus on entrepreneurs investing in their own businesses. For information on investors pooling their investments through the Regional Center Program, see About the EB-5 Visa Classification . 

What investment is required?

You must invest in a new commercial enterprise established after Nov. 29, 1990. You must invest $1.05 million unless the enterprise is doing business in a targeted employment area, which is one that has a high unemployment rate or is in a rural area. In that case the minimum investment is $800,000. You must establish the lawful source of your invested capital.

What job creation is required?

You must establish that the new commercial enterprise will create full-time positions for at least 10 qualifying employees.

Are there any requirements after I become a permanent resident?

Immigrant investors are admitted as lawful permanent residents on a conditional basis. Within ninety days before the two-year anniversary of obtaining conditional lawful permanent resident status, you must apply to remove the conditions on your status. For more information on removing conditions, see EB-5 Immigrant Investor Process .

  • Business Templates
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FREE 9+ Immigration Business Plan Samples in PDF | MS Word

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One of the crucial goals that you may want to achieve for your consultancy business or any business is to expand it to a different country, which is a great way to increase your market share. However, if you intend to extend your business operations to a foreign country, you will have to comply with the particular requirements for that specific country, such as E-2 Visa, L-1 Visa, and EB-5 Visa. To obtain one, you need to develop an immigration  business plan . In this article, we will discuss more of it. We also included a set of templates and examples that you can use as a reference if you are planning to develop this type of document.

Immigration Business Plan

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An Immigration Business Plan is a business plan that the immigration authorities require for the business people to operate in a foreign country, such as Canada, along with the residency requirements and other legal documents.

Additionally, it is the only way to communicate with the authorities about your business goals. Therefore, if you decide to operate your business in another country, you have to make sure that this  business proposal  follows the United States Citizenship guidelines and Immigration Services(USCIS) and Visa standards. By adhering to these standards, you will get a high chance of getting the approval to proceed.

If you are planning to expand the operations of your business to Canada or other countries, you have to make sure to include all the necessary details. Depending on what type of investor Visa you are going to apply for, the number of pages may differ. Nevertheless, regardless of which one you choose, it should include items, such as executive summary, business overview, employee hiring plan,  market analysis , competition overview, marketing strategy, industry analysis, job descriptions, and  organizational chart . It should also include a 5-year projection of profit and loss statement and balance sheet projection.

In creating a business plan, you have to determine the purpose of obtaining this type of document. By doing so, you can focus your business plan writing in a way that will compel its target audience. This time, your target audience is the immigration authorities. Thus, you have to design it in a way that will convince these particular people. Below are the templates and examples that you can use as your guideline in creating one.

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Obtaining the approval of the immigration authorities can be challenging. Thus, it is crucial to create your immigration business plan strategically. To do it, adhere to the following best practices

Creating a good immigration business plan may take a few weeks. Thus, it is crucial to start doing it as soon as you can. Also, the immigration authorities may require you to submit additional information. By submitting your proposal ahead of time, you will have more time to take further requests from them. Creating a  timeline  may help you budget your time effectively.

As we have mentioned earlier, your business plan is your only chance to communicate with the immigration authorities about your business. Thus, you have to ensure that you are doing it correctly. However, creating this type of document can be tough. Therefore, it is essential to ask for help if necessary, to make sure that you will get the approval to operate your business in the preferred foreign country. Hiring a third party, such as the JDC consultancy, to assist you with the process, can be a great move as well. By employing a third party company’s assistance, you can save your time and effort since they know the ins and outs of the immigration process. Additionally, they can also help you increase your chance of getting approved.

Due to the numerous items that the authorities require, there are possibilities that you will unintentionally miss out on a process or a document that you have to comply with. As a result, they will delay the process so that you can submit the missing materials. The problem is the entire approval process takes time, and missing a document will unnecessarily extend the time requires to accomplish this process. Thus, it is vital to ensure that you have all the items that they need before submitting it. Creating a  checklist  may help you prevent these misses.

Your goal of creating an immigration plan is to convince the immigration authorities to allow you to operate in a particular foreign country. However, if you confuse them or if they do not understand your business plan, you will lose the chance of getting approved. Thus, it is essential to make it clear and concise. Take time to organize and double-check your work. Be conscious of the grammar and spelling of the contents of your proposal.

Now that you reached the end part of this article, you should have learned the essential points in creating an immigration business plan. However, you should know that getting approved to operate your business to another country is just a step to get a chance of extending your market. In  starting a business overseas , you still need to win the trust of the people in that country by conversing with the locals and understanding their culture. You may also have to learn the ins and outs of that specific country pertaining to your business operation.

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Business Immigration in the United States: Overview | Practical Law

business plan for immigration

Business Immigration in the United States: Overview

Practical law country q&a 7-627-4797  (approx. 24 pages).

More From Forbes

How To Start Writing A Business Plan That Works

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For the entrepreneur, knowing how to start writing a business plan can be as exhilarating as it is overwhelming. The business plan is a foundational document and the blueprint of your business and is critical for securing funding, setting clear goals, and communicating your vision to the world.

Let’s explore the significance of a business plan, the essential elements it should include, and strategies to forge a plan that resonates with stakeholders and steers your business toward success.

Whether you are about to launch your first business or need to revitalize an existing business strategy, a business plan provides the foundation that supports your entrepreneurial journey.

Why a Business Plan Is Needed

A business plan is not solely for the benefit of a bank manager or an investor . The business plan is a document that helps bring clarity to your vision and can guide every decision and strategy within your company.

A well written business plan forces you to put your goals and ideas into concrete, manageable steps. It cuts through the noise, ensuring you stay focused on what truly matters for your business’s growth.

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For startups looking to secure that critical initial investment, a business plan is often the first point of reference for potential backers. It’s a chance to sell your vision, show your financial acumen, and demonstrate a roadmap to profit.

Identifying potential pitfalls early is a vital aspect of proactive business ownership. A good business plan helps you prepare for the unexpected and develop strategies to mitigate risk and safeguard the longevity of your business.

Setting clear, measurable goals in your business plan provides a framework for tracking your progress. This will give you the insight needed to pivot or double down on strategies as the market dictates.

Creating Your Story

Before you start drafting sections and compiling data, step back and consider the story of your business. Your plan should be like a good book, with a clear narrative arc that compels the reader from the first sentence to the last.

Any good story is rooted in an understanding of the world it inhabits. Your business's narrative begins with a comprehensive analysis of the industry in which you operate, as well as the consumers you aim to serve.

Think about how you define your unique selling proposition (USP) . What sets your business apart from competitors? All good stories have a unique twist, and your business plan should articulate what makes your venture different from, and better than, the competition.

Introduce your team into the story. Highlight their expertise, experience, and any relevant achievements that lend credibility to the business’s ability to execute on its vision.

Writing Your Business Plan Is Just the Beginning

A business plan can span from a quick roadmap sketched on the back of a napkin to a hefty document carefully crafted to align with industry standards. Regardless of size, it should contain certain fundamental elements .

The act of writing a business plan, while pivotal, is just the first step in an ongoing process of refinement and execution.

Here’s how to make sure your business plan is a living document:

1. Regular reviews and updates

Markets shift, consumer behavior changes, and your business will grow. Your plan must evolve with these factors, which makes regular reviews and updates a must-do.

2. Be realistic

It’s essential to be both ambitious and realistic in your plan. Don’t over-inflate projections or underestimate costs. An unrealistic plan is as unattractive to investors as a lack of vision and ambition.

3. Seek professional input

Don’t be afraid to ask for help. Experienced business advisors, accountants, and mentors can provide invaluable feedback and spot issues you may have missed.

4. Start small

Your first draft doesn’t have to be perfect. Write down your initial thoughts, outline your ideas, and refine them over time. Starting with a large plan can be intimidating but working on it gradually can be a more manageable and effective approach.

The bottom line is that writing a business plan can feel overwhelming, but with the right approach and attention to detail, you can create a document that not only articulates your vision but actively works to make that vision a reality. It’s a living, breathing narrative that outlines your business’s course of action, and should be treated with care and enthusiasm.

Melissa Houston, CPA is the author of Cash Confident: An Entrepreneur’s Guide to Creating a Profitable Business . She is the founder of She Means Profit, which is a podcast and blog . As a Finance Strategist for small business owners, Melissa helps successful business owners increase their profit margins so that they keep more money in their pocket and increase their net worth.

The opinions expressed in this article are not intended to replace any professional or expert accounting and/or tax advice whatsoever.

Melissa Houston

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business plan for immigration

Republicans Have Plan To Upend Legal Immigration

Republicans in Congress are introducing a plan to upend legal immigration in the United States.

Immigration remains a sticking point in Congress that has sharply divided Democrats , who have pushed for humanitarian-focused approaches to immigration issues, and Republicans , who have emphasized stronger border protection policies. For decades, legislators have found little common ground on the issue, which has made headlines amid recent rises in migrant arrivals at the U.S.-Mexico border.

There were more than 2.4 million encounters at the U.S.-Mexico border during the 2023 fiscal year, up from roughly 1.7 million in 2021, according to U.S. Customs and Border Protection data.

Arizona Republican Congressman Eli Crane, a member of the conservative Freedom Caucus, is proposing a bill that would change the way the U.S. approaches legal immigration, he announced on Tuesday.

"The current family-sponsored visa system has resulted in endless chains of foreign nationals overwhelming our immigration system. Worse, it further incentivizes illegal immigration by encouraging distant relatives of immigrants to arrive and reside illegally in the U.S. while they wait for a visa to become available," Crane said in a statement to Newsweek.

He said the bill would change the way family-sponsored immigration visas are issued in the U.S. by limiting " family-sponsored visa eligibility to only spouses and children."

It would also allow for "exceptions in special circumstances to care for aging parents," he said.

Presently, the U.S. Department of State offers two types of family-based immigrant visas, according to its website.

Immediate Relative visas are "based on a close family relationship with a U.S. citizen, such as a spouse, child or parent," and the number of visas offered is not limited each fiscal year.

Family Preference visas are for "specific, more distant, family relationships with a U.S. citizen and some specified relationships with a Lawful Permanent Resident," and are limited each fiscal year.

Reps. Andy Biggs of Arizona, Bob Good of Virginia, Mary Miller of Illinois, Bill Posey of Florida and Matt Rosendale of Montana are co-sponsoring the bill, Crane wrote on X.

Rosendale wrote to X, "I am proud to co-sponsor this bill led by my good friend, @RepEliCrane . We MUST put an end to the current immigration policies that allow illegals to take advantage of the family-sponsored visa system and invade our country by the millions!"

However, it remains unclear whether the bill would receive enough support to pass the House of Representatives. Due to the GOP's narrow margin, nearly every Republican would have to vote for the bill.

Republicans can afford only two defections on any legislation without garnering some Democratic votes, and it remains unknown if any Democrats would support such conservative legislation.

Regardless, even if it passes the House, it would face daunting odds of passing the Democratic-controlled Senate or being signed into law by President Joe Biden .

The bill was previously introduced in June 2022 by former Rep. Jody Hice, a Republican who represented Georgia's 10th District in Congress. At the time, eight other Republicans co-sponsored the bill, but it was never brought to a formal vote.

Newsweek has reached out to the offices of Crane, House Speaker Mike Johnson and Minority Leader Hakeem Jeffries for comment via email.

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Representative Eli Crane, an Arizona Republican, speaks at a March 24, 2024 press conference in Washington, D.C. Crane announced legislation that would change how family-based immigration works in the U.S.

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  5. Sample E-2 Visa Business Plan by immigrationbusinessplan

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  6. FREE 9+ Immigration Business Plan Samples in PDF

    business plan for immigration

COMMENTS

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    Conclusion. A detailed and well-structured immigration business plan is pivotal to your L-1 or E-2 visa application. It demonstrates your commitment and capability to operate a successful business in the U.S. and how your venture will positively impact the economy. By thoroughly addressing each of these components, your business plan will stand ...

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  4. 7 Elements That An Immigration Business Plan Must Include

    A solid immigration business plan should portray you and your business. We make sure that our business plans are tailor-fit to provide you with the best chance for your visa's approval. To do that, we make sure that you are involved in every step of the way. We understand that there are nuances when it comes to immigration business plans that ...

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    Clients can depend on Visa Business Plans for professional, accurate, and timely results trusted by more than 500 immigration attorneys nationwide. Call (888) 657-3515 or email us today for a consultation. We speak Italian, Portuguese, Spanish, and English. Visa Business Plans also serves clients in French, Mandarin Chinese, Japanese, and Russian.

  7. What You Need to Know to Write a Business Plan for U.S. Immigration

    A well-thought-out business plan demonstrates your commitment to your venture and outlines your vision, goals, and strategies for achieving them. U.S. immigration officers will scrutinize your plan, looking for a clear vision, attainable objectives, and a solid plan of action. Make sure your business plan showcases your passion and dedication ...

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    Writing any Immigration Business Plan by Yourself Can Be Challenging. The grammar and language must be polished and articulate, the research has to be thorough, the business case must be solid, and your plan must show sound financial and growth projections. For this reason, we highly recommend hiring a professional to manage this portion of ...

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    What Are the Fees for US Business Immigration? Fadi and Marianella also discuss the fees and turnaround time for obtaining a business plan for immigration purposes. The fees are transparent and listed on the website, with flat fees ranging from $1650 to $4000 depending on the type of Visa (E2, L1 or EB5). The turnaround time is between 7-10 ...

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    The ideal length of an immigration business plan is precisely as long as it needs to be, and not a page more. While most immigration business plans fall within the 40-60 page range, with around 15 pages dedicated to financial statements, it's essential to remember that quality isn't determined by page count. Evaluating a business plan's merit ...

  11. Immigration Business Plans (EB-1 & EB-2 NIW)

    When issuing an EB-1, EB-2 NIW, or E-2 Request for Evidence (RFE), it is common for the USCIS to request "a detailed description of the proposed endeavor". In situations like this, you may need a customized professional plan or a business plan from ProfVal - and, in some cases, both. Depending on the visa that you or the petitioner is ...

  12. Step by Step L1 Visa Business Plan Guide

    An immigration business plan is for an immigration officer who will decide whether or not your application should be approved. Our team at Go Business Plans regularly completes more than 300 immigration business plans every year. We have a 100% approval rate and our L1 visa business plan writers and consultants can help you complete your ...

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    Immigration Business Plans. Navigate the immigration process with confidence. Obtain your visa by showcasing a professionally prepared business plan that demonstrates the alignment of your business concept with immigration requirements. Trust our expertise to help you achieve your immigration goals. Contact Us.

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    Creates Clarity: Crafting a business plan forces you to define your business goals, strategies, and financial projections. It provides a clear path forward for your venture. Legal Requirement: In many immigration programs, submitting a detailed business plan is a mandatory requirement. Neglecting this step can lead to application rejection. Key ...

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    Begin Your Chosen Immigration Business Plan Today! Securing our Immigration Business Plan service is quick and simple. Begin with our one-minute online assessment or call us toll-free at 1-888-509-1987. Book a personal consultation to speak with an award-winning immigration lawyer over the phone, or in-person at our downtown Toronto and ...

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    In this blog post, we will explore the essential elements that business plans for E-2 visas must showcase, highlighting the importance of thorough planning and presenting a compelling case for the success of your venture. 1. Clear Description of the Business: A strong business plan should provide a clear and concise description of your business.

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    Immigration Business Plan for L-1s and E-2 Investors Visas L-1 and E-2 Treaty Investors Visas Background L-1 Visas are a useful and effective vehicle for multinational companies to establish or expand their presence in the U.S., and to bring qualified personnel. For example, the owner or manager of a manufacturing company abroad who wishes to […]

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    Marina holds a Bachelor's degree in Finance, Banking, and Insurance, and is currently pursuing her Master's degree in Banking and Financial Management. Right after graduating, Marina joined Joorney as a Business Plan Writer and Researcher responsible for completing EB-2, E-2, and L-1 business plans to a high standard.

  21. FREE 9+ Immigration Business Plan Samples in PDF

    Tips in Creating an Immigration Business Plan. Obtaining the approval of the immigration authorities can be challenging. Thus, it is crucial to create your immigration business plan strategically. To do it, adhere to the following best practices. 1. Don't Procrastinate. Creating a good immigration business plan may take a few weeks.

  22. Business Immigration in the United States: Overview

    Law stated as at 01 Dec 2021 • USA (National/Federal) A Q&A guide to business immigration in United States. This Q&A gives an overview of the key factors affecting business immigration, including sources of immigration law; relevant government entities; unsponsored and sponsored immigration; requirements for sponsors; civil and criminal ...

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