Do I Need a Feasibility Study for My EB-5 Regional Center Project?

(Author: Phil Cohen)  Feasibility studies are becoming more and more commonplace in the EB-5 world to prove the feasibility and plausibility of a given EB-5 regional center project.  This is especially true for larger projects but also for projects where feasibility studies are common, such as in the hotel business.

When things become common in EB-5, the community often starts to treat them as (essentially) expected by USCIS in order to be safe. Indeed, when it comes to increasing the professionalism of what is being presented for an EB-5 project, USCIS does follow suit as often as not. Using a feasibility study developed by a reputable source is the best form of market, competitive and overall plausibility analysis for the project in question, giving very little basis for USCIS to respond with an RFE for these particular points.  In our business we consider it a best practice and strongly recommend that our clients make the investment in these analysis reports where it is reasonable to do so.
 
Always seek to maximize your odds of success the first time when it comes to starting an EB-5 regional center and project application.  Follow the general rule of thumb for feasibility studies that if they are readily available or commonly used for a particular type of development then they should be attained for you I-924 submission.  It will help to save processing time, and minimize the likelihood of an RFE, and money in the long run.  Of course the added overall benefit is providing an extra element of credibility to your investors. Log on http://www.starteb5.com/