For businesses sponsoring foreign employees through the PERM process, proving your ability to pay is not just a requirement—it’s a critical step to ensure your petition is successful. If your company’s financials don’t look strong or are borderline acceptable, the right strategy can make all the difference. That’s where our Ability to Pay Studies come in.
What Is PERM, and Why Does Ability to Pay Matter?
The Program Electronic Review Management (PERM) process is the first step for employers seeking to sponsor foreign workers for green cards. It involves a rigorous labor certification process to prove that hiring a foreign worker will not negatively impact U.S. workers and that no qualified U.S. workers are available for the position.
As part of this process, employers must demonstrate their ability to pay the offered wage from the time the PERM application is filed until the foreign worker receives their green card. This is where many businesses, especially those with tight or uneven financials, face challenges.
How Our Ability to Pay Studies Help
If your company’s financials appear weak or borderline, it doesn’t mean your petition is doomed. We specialize in crafting custom Ability to Pay Studies that:
1. Showcase the Full Financial Picture
- We go beyond basic financial reports to analyze your company’s capacity to pay.
- Our studies include detailed insights into revenue streams, cash flow, and other assets that support your ability to pay the required wage.
2. Highlight Future Growth Potential
- If your business is on the verge of significant growth, we emphasize how your plans, investments, and market position bolster your financial stability.
3. Provide Clear, Evidence-Based Analysis
- USCIS and the Department of Labor require solid evidence, not just projections or promises.
- Our studies use a combination of financial data, industry benchmarks, and expert analysis to prove your ability to pay.
4. Address Weak or Borderline Financials
- If your financials don’t look ideal, we identify other supporting factors—such as lines of credit, liquidity, or other resources—to create a compelling argument.
Why Work with Us?
Crafting an Ability to Pay Study requires expertise, attention to detail, and a deep understanding of what USCIS and the Department of Labor look for. Here’s why businesses trust us:
- Tailored Solutions: No templates here. Each study is customized to your company’s unique financial situation.
- Experience with Complex Cases: We have helped businesses with borderline financials successfully prove their ability to pay.
- Thorough and Credible Documentation: Our work meets the high standards of evidence required for immigration petitions.
Don’t Let Financial Concerns Derail Your PERM Petition
Proving your ability to pay is a non-negotiable part of the PERM process, but weak or borderline financials don’t have to stand in your way. With a custom Ability to Pay Study, you can present a strong case that supports your petition and secures your future employee.
If you’re preparing for a PERM application and need help demonstrating your ability to pay, contact us today to learn more about how we can help. Let’s work together to give your petition the best possible chance of success.
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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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