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Business Plans for US Immigration Live Explained

By Casey February 22, 2023 (Updated February 27, 2023) 4 min. read

Recently, VisaPlace hosted a Facebook Live with Fadi Manawi, a US attorney with VisaPlace Legal, and Marianella Mansour, the Partner and Director of Sales and Marketing at Joorney Business Plans. They discuss the importance of business plans in US business visa applications and the key components that are needed for a successful business plan. Marianella explains that their team communicates with the immigration lawyer throughout the process to ensure the business plan meets the lawyer’s strategy for the case. They also discuss the fees that clients can anticipate for business plans, which can vary depending on the type of visa application.

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 business days for a first draft, with unlimited revisions until the final draft is approved. The company prides itself on quick turnaround times due to its large team of 150 employees and 60 writers. Market analysis is conducted using sources such as Ibis World and Statista, and the information is kept up to date.

What Are the Components for Starting a Business Plan for Each Visa?

There are different components of a business plan for each different type of visa. For an E2 visa, the structure of the business plan is similar to a regular business plan but has specific sections required by immigration. For an L1 visa, the fundamental elements of the business plan are describing the relationship between the parent company and the US company, how the parent company will support the US company during its growth, and arguing that the applicant is an executive abroad and will continue to be an executive in the US. The EB-5 visa business plan is the most comprehensive and needs to demonstrate the potential of the new commercial enterprise to create jobs, show the source of funds, and include very detailed financials.

Joorney is industry agnostic and can do business plans for any industry or business model. The three main things that set Joorney apart from other business plan writing service providers are responsiveness, quality, and customer service. They pride themselves on being the fastest in replying to customers, delivering high-quality plans, and providing excellent customer service.

Is It Necessary to Start the Business Plan During the Visa Process?

Usually, yes. A business plan is usually provided in the initial list of documents required for the application and is considered essential for many Visa applications. Joorney emphasizes the significance of having a well-thought-out business plan and recommends starting the process early. They suggest that their team can provide a quick turnaround time for creating a business plan.

Is Investing In Real Estate Enough to Apply for an E2 Visa?

In order to obtain an E2 Visa, there are three requirements that must be met: a substantial investment, the investment must be at risk, and the business must not be marginal. For real estate investments, it may be difficult to meet these requirements if the investment is only in a single property. However, if the investor has multiple properties or a complex that requires employees to manage, it may be possible to meet the requirements.

Can I Get an E2 Visa for My Consulting Company?

Fadi and Marienella also discuss consulting companies, which can be tricky because they may not require a large initial investment. However, in order to qualify for an E2 Visa, the investment must still be proportional to the nature of the business. They recommend showing a roughly $50,000 investment in a consulting business to meet this requirement. We advise those interested in obtaining an E2 Visa to contact us for help in running through scenarios to see if it is possible to qualify.

Do You Need Help Immigrating to the US with a Business Visa?

If so, Contact VisaPlace today. All our cases are handled by competent and experienced immigration professionals who are affiliated with VisaPlace. These professionals consist of lawyers, licensed paralegals, and consultants who work for VisaPlace Legal, an award-winning immigration firm that adheres to the highest standards of client service.

Ready for the next step? Book your 1 on 1 consultation now or call us at 1-888-317-5770.

Have a Question related to your Immigration Needs?

Fill out the FREE Immigration Assessment form and get a response within 24 hours to see if you’re eligible.

The assessment form should take approximately 5-7 minutes to complete. We will get back to you within one business day to let you know if we can help.

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Gregory Larocque

I had a fantastic experience with Brenda! I was very anxious about my status for an upcoming trip to the U.S and Brenda managed to really ease my nerves. She gave exceptional customer service and she made my day. I truly had an incredible experience. I would recommend Brenda to anyone and everyone!

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Elizabeth Anne Hannan

Meeting with Frank Zhang was very informative. Frank was very pleasant and explained everything I needed to know about the issue. My file was set up in record time. There was confusion at the beginning about the time of the meeting likely due to different time zones. Everything else went smoothly. Very happy with the service so far!

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Anshu Kaur

Thanks Manasi!! You are a wonderful and spontaneous to work with. I highly appreciate your way of working. You are the best for your work. You share plenty of good ideas and do good work.
“I admire your work ethic and your talent.” You are a adorable person and gem to your team. Best of knowledge and best of services anybody can think off. I am one time a customer to you and lifetime customer to you. I m sold!!

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Carlene Henry

VisaPlace has been a great help in answering all my immigrant questions. The staff was very polite and patient. I am comfortable working with them and will recommend them to anyone who is in need of their services.

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Share Ross

Nadia and company worked with us for quite a long time to sort out a complicated Canadian Permanent Resident Status situation. All done and let me say… they are TERRIFIC to work with. Communication. Consideration. Efficiency. Highly recommend.

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Eros Sainz

Bansuri assisted me and let me tell you: she was awesome when I called in, she was very nice in providing the information, being professional and friendly. I felt more drawn and secure to trust and move forward in the process of scheduling appointment with VisaPlace. I must admit I had my doubts, but this helped tons. Plus I didn’t have to wait like other places which they had appointments available in +1month. It was the very next day here. So far all is good 👍

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Mozhgan Eivariboroushghalan

I’m have just started to get the counseling for the journey of bringing my loved one to Canada. Mansi is a good and honest consular. She offered the best option to visiting Canada and explained the details. I think if everything goes well on my side, then I would ask for visitor visa’s experts to make an application.