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When must a direct EB-5 investor have a completed business plan?

The business plan must be submitted with Form I-526, but it is best to have the plan ready well before then. Because it takes time to create a compliant business plan—which must be comprehensive, feasible, based on verifiable information, and credible—it is important to begin drafting the plan early in the process. Once filed along with Form I-526, the business plan cannot undergo any material changes.