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Question:

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What is the level of scrutiny by USCIS at the I-829 phase? For example, what issues may arise if the approved construction budget is roughly adhered to, but savings in one area of construction are applied to overages in another area of the construction budget? What steps might USCIS take if aspects of the construction budget runs over our original budget submitted to USCIS?

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Answers:

March 07, 2014 15:19 Sal Picataggio

USCIS will require evidence that the investor actually invested the required capital and sustained this investment throughout the entire CPR period. Also, that the new commercial enterprise created or will create, within a reasonable time, the required jobs. Showing that the planned expenditures were actually made can help, as it will show the economic models would be correct in their estimates of indirect job creation.

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March 07, 2014 14:38 Ed Beshara

The hiring of an experienced EB-5 attorney and EB-5 experienced economist will be able to advise you on required expenditures into established categories and expenditure timelines needed for the required job creation.

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