A Matter of Ho business plan is a specific type of business plan required for the EB-5 visa program, as outlined in the precedent-setting immigration case "Matter of Ho."
The Matter of Ho business plan is a comprehensive and detailed document that demonstrates the feasibility, credibility, and viability of a proposed EB-5 project. It is expected to meet certain criteria to satisfy the United States Citizenship and Immigration Services (USCIS) requirements. Key components of a Matter of Ho business plan include:
A clear description of the business, including its products or services
A detailed market analysis and competitive landscape
The business's organizational structure and management team
A thorough financial analysis, including projections and job creation estimates
A comprehensive marketing strategy
Evidence of job creation, particularly the creation of at least 10 full-time jobs for U.S. workers per investor
A timeline for the project's development and execution
By meeting the Matter of Ho standards, the business plan helps demonstrate to the USCIS that the proposed EB-5 project is well-planned, well-researched, and has a strong potential for success and job creation.