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dismissed EB-2 (NIW)

Entrepreneur

Investment Management Company ยท 2024-12-16

Decision Date
2024-12-16
Location
Florida, United States
This case is from a USCIS Administrative Appeals Office (AAO) appeal decision. Appeal cases represent a subset of petitions and may not reflect typical outcomes.

Proposed Endeavor

The petitioner proposes to establish a pioneering investment management company focused on providing Brazilian Ultra High Net Worth (UNHW) individuals with investment opportunities in the United States. This endeavor includes buying land, constructing residential properties, and planning future growth in private equity, stocks, and bonds.

Framework Evaluation

0 of 3 criteria met
1 The proposed endeavor has both substantial merit and national importance Not Met

The Director determined the Petitioner established the substantial merit, but not the national importance, of the proposed endeavor. The record does not show how the business would broadly influence the field or offer substantial positive economic effects beyond its prospective clients and employees.

Why This Petition Was Denied

The appeal was dismissed because the Petitioner failed to establish the national importance of the proposed endeavor under the first prong of the Dhanasar framework. While the substantial merit of the business was acknowledged, the specific endeavor of providing investment management services to Brazilian UHNW individuals in Florida, including real estate and financial investments, was not shown to have broader implications or substantial positive economic effects beyond its direct clients and employees. The business plan's projected revenues of $184K in year 1 to $1.2M in year 5 and job creation of 4 positions in year 1 to 14 in year 5 were not deemed significant enough to demonstrate national importance.

Evidence

Evidence Types
Business Plan
Industry Reports

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Frequently Asked Questions

A dismissed EB-2 NIW petition means USCIS found the evidence insufficient to meet the eligibility criteria. Common reasons include weak documentation, failure to meet the required number of criteria, or insufficient evidence of the claimed qualifications. Petitioners can refile with stronger evidence or explore alternative visa categories.

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Case data sourced from publicly available petition decisions and case studies. Decision date: 2024-12-16.

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At a Glance

Outcome dismissed
Criteria Met 0 / 3
Evidence Types 2

EB-2 (NIW) Case Data

Scraped Case Data

Total Cases 3,813
Success Rate 53.7%
Sustained 2,046
Dismissed 1,671

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