EB5 Investors Magazine Volume 2 Issue 1 | Page 37

Hypothetical Actual Exemplar A hypothetical project proposal is best for you if are not ready to move forward with a specific project, but want to obtain overall approval for your regional center so that you will be able to accept investments when you are ready to move forward with a project An actual project proposal is best for you if you have a specific project in the advanced stages, and you are interested in deference for future investor applications while maintaining some degree of flexibility An exemplar project proposal is best for you if you are fully committed to your project and would like to ensure the highest level of certainty that project documents will be approved in investor applications, through pre-approval LEVEL OF DETAIL General proposals and predictions may be sufficient to determine that the proposed regional center will more likely than not promote economic growth Verifiable details are required to be supported by economically or statistically sound forecasting tools Significant volume of verifiable details required BUSINESS PLAN REQUIREMENTS The business plan is not required to comply with Matter of Ho The business plan is required to comply with Matter of Ho The business plan is required to comply with Matter of Ho DEFERENCE I-924 decisions are not given deference in subsequent filings I-924 decisions are given deference in subsequent filings USCIS pre-approval will be given to a successful application CHANGES TO THE BUSINESS PLAN Changes can be made to the business plan before the I-526 petition Small changes can be made to the business plan before the I-526 petition Changes cannot be made to the business plan after submission THE BOTTOM LINE This option allows the most amount of flexibility, but does not allow for deference at future stages of the EB-5 process This option allows a moderate amount of flexibility and a higher degree of assurance that project documents will be approved for investors This option offers no flexibility to change the details of your project documents, but provides assurance that your project is in compliance with all EB-5 eligibility requirements Continued on page 36 w w w. E B 5 I n v e s to r s . c o m 35