Our client, an innovative entrepreneur in the LED lighting industry, initially entered the U.S. on an E-2 visa. His business offered advanced LED lighting solutions and energy management technologies designed to help businesses reduce energy consumption. This included energy monitoring equipment, air conditioning and refrigeration energy-saving controls, temperature sensors, and intelligent lighting controls.
The Adventure Begins: E-2 Visa Success
Starting with a detailed and realistic E-2 business plan, our client successfully established his business in the U.S., providing a range of cutting-edge energy-saving solutions. His company thrived, generating significant income and demonstrating the viability and growth potential of his business model.
Transitioning to EB-5: A Strategic Move
As the time approached for visa renewal, our client, in collaboration with his immigration attorney, decided to pursue U.S. residency through the EB-5 visa program. Recognizing the success of his initial venture and the desire to expand his opportunities in the U.S., he sought our expertise to transition from E-2 to EB-5.
Crafting the EB-5 Business Plan
Leveraging the foundation of his E-2 business plan, we meticulously crafted a comprehensive EB-5 business plan. This plan showcased the expanded investment and the job creation potential of his business, meeting the EB-5 program requirements. Our detailed analysis and projections highlighted how his company’s growth would contribute significantly to the U.S. economy.
Meeting the EB-5 Investment Threshold
Thanks to the profitability of his LED lighting business, our client was able to increase his investment to meet the EB-5 threshold. This was achieved through reinvesting dividends earned from his company. This included not only the expansion of existing operations but also the introduction of new energy-efficient technologies, further enhancing the appeal and economic impact of his business.
Achieving U.S. Residency
With the combined efforts of his dedicated attorney and our expertly crafted business plan, our client’s EB-5 visa application was approved. Today, he enjoys U.S. residency, continuing to innovate in the energy sector and live a prosperous life with his family in the United States.
Conclusion
Our client’s transition from an E-2 visa holder to a U.S. resident through the EB-5 program is a testament to the power of strategic planning and expert guidance. At Visa Business Plans, we are proud to have played a crucial role in his success, providing the necessary business planning support to help him achieve his American dream. If you’re looking to navigate the path from E-2 to EB-5, contact us today to learn how our detailed business plans can pave the way to your success.
The information provided in this blog is intended solely for informational purposes. While we strive to offer accurate and up-to-date content, it should not be considered legal advice. Immigration laws and regulations are subject to change, and individual circumstances can vary widely. For personalized guidance and legal advice regarding your specific immigration situation, we strongly recommend consulting with a qualified immigration attorney who can provide you with tailored assistance and ensure compliance with current laws and regulations.
Visa Business Plans is led by Marco Scanu, a certified coach from the University of Miami with a globally-based practice coaching Fortune 1000 company executives, entrepreneurs, as well as professionals in four different continents. Mr. Scanu advises clients on turnaround strategies and crisis management.
Mr. Scanu received a bachelor’s degree in Business Administration (Cum Laude) from the University of Florida and an MBA in Management from Bocconi University in Milan, Italy. Mr. Scanu was also a Visiting Scholar at Michigan State University under the prestigious H. Humphrey Fellowship (Fulbright program) with a focus on Entrepreneurship, Venture Capital, and high-growth enterprises.
At present, Mr. Scanu is the managing partner and CEO at Visa Business Plans, a Miami-based boutique consulting firm providing attorneys and investors with business planning services in the areas of U.S. and Canadian immigration, SBA loans, and others.
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