Proving Actual Job Creation
One of the most critical stages of the EB-5 process is the I-829 submission stage. During this final stage, investors petition the government to remove conditions on their Green Cards. To ensure a successful completion of the immigration process, investors must demonstrate that their investment has successfully created an adequate number of jobs to satisfy program requirements.
In the case of regional center projects, it’s generally recommended that an updated, abbreviated economic impact report be included with the investor’s I-829 filing package to clearly demonstrate the requisite number of jobs have been created.
These reports should outline actual construction expenditures, actual revenue from operations (if applicable), and prove actual job creation & economic impact. If a project’s construction timeline, costs, or revenues differ from original projections, a more in-depth analysis may be required to satisfy program requirements.
Contact our team today to learn more our I-829 report packages and get started today.
Our Process for I-829 Job Creation Analysis
EB-5 Economist will review and analyze the original report and work with the project sponsor to make appropriate updates. In most cases, it’s more economical to deliver a new, abbreviated economic impact report inclusive of appropriate updates and clarifications in order to demonstrate actual jobs created by a project.
Why Work with Us
Industry Veterans Consistently Choose to Work with Us
Our clients engage us for I-829 economic impact report updates for a variety of reasons. Existing clients trust our quality of work and speed of delivery and rely on us to assist with updating existing reports or to provide entirely new studies as needed. New clients usually come to us by referral or because their previous economist has left the industry. Whatever the case, our team can provide the final job creation analysis in an efficient, accurate, and cost-effective manner.
Proving adequate job creation is the most crucial part of the I-829 stage and engaging seasoned professionals to assist with the final analysis is key to closing a successful EB-5 offering.
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