dismissed EB-2 NIW Case: Real Estate Finance

U.S. Citizenship 
and Immigration 
Services 
In Re: 23071280 
Appeal of Texas Service Center Decision 
Non-Precedent Decision of the 
Administrative Appeals Office 
Date: FEB. 16, 2023 
Form 1-140, Immigrant Petition for Alien Worker (National Interest Waiver) 
The Petitioner, a financial analyst, seeks employment-based second preference (EB-2) immigrant 
classification as a member of the professions holding an advanced degree as well as a national interest 
waiver of the job offer requirement attached to this EB-2 classification. See Immigration and 
Nationality Act (the Act) section 203(b)(2), 8 U.S.C. § 1153(b)(2). 
The Director of the Texas Service Center denied the petition, concluding that although the record 
established that the Petitioner qualified for classification as a member of the professions holding an 
advanced degree, he had not established that a waiver of the required job offer, and thus of the labor 
certification, would be in the national interest. The matter is now before us on appeal. 8 C.F .R. 
§ 103.3. 
The Petitioner bears the burden of proof to demonstrate eligibility by a preponderance of the evidence. 
Matter ofChawathe, 25 l&N Dec. 369, 375-76 (AAO 2010). We review the questions in this matter 
de novo. Matter of Christo 's, Inc., 26 I&N Dec. 537, 537 n.2 (AAO 2015). Upon de novo review, 
we will dismiss the appeal. 
I. LAW 
To establish eligibility for a national interest waiver, a petitioner must first demonstrate qualification 
for the underlying EB-2 visa classification, as either an advanced degree professional or an individual 
of exceptional ability in the sciences, arts, or business. Because this classification requires that the 
individual's services be sought by a U.S. employer, a separate showing is required to establish that a 
waiver of the job offer requirement is in the national interest. 
Section 203 (b) of the Act sets out this sequential framework: 
(2) Aliens who are members of the professions holding advanced degrees or aliens of 
exceptional ability. -
(A) In general. - Visas shall be made available ... to qualified immigrants who are 
members of the professions holding advanced degrees or their equivalent or 
who because of their exceptional ability in the sciences, arts, or business, will 
substantially benefit prospectively the national economy, cultural or 
educational interests, or welfare of the United States, and whose services in the 
sciences, arts, professions, or business are sought by an employer in the United 
States. 
(B) Waiver ofjob offer-
(i) National interest waiver. ... [T]he Attorney General may, when the Attorney 
General deems it to be in the national interest, waive the requirements of 
subparagraph (A) that an alien's services in the sciences, arts, professions, or 
business be sought by an employer in the United States. 
Furthermore, while neither the statute nor the pertinent regulations define the term "national interest," 
we set forth a framework for adjudicating national interest waiver petitions in the precedent decision 
Matter of Dhanasar, 26 I&N Dec. 884 (AAO 2016). 1 Dhanasar states that after a petitioner has 
established eligibility for EB-2 classification, U.S. Citizenship and Immigration Services (USCIS) 
may, as matter of discretion, 2 grant a national interest waiver if the petitioner demonstrates: (1) that 
the noncitizen's proposed endeavor has both substantial merit and national importance; (2) that the 
noncitizen is well positioned to advance the proposed endeavor; and (3) that, on balance, it would be 
beneficial to the United States to waive the requirements of a job offer and thus of a labor certification. 3 
II. ANALYSIS 
The record reflects that the Petitioner qualifies as a member of the professions holding an advanced 
degree. The Director also determined that the Petitioner had established that the proposed endeavor met 
the substantial merit portion of the first prong set forth in the Dhanasar analytical framework. However, 
for the reasons discussed below, the Petitioner has not established the national importance of his proposed 
endeavor. 
The first prong, substantial merit and national importance, focuses on the specific endeavor that the 
noncitizen proposes to undertake. The endeavor's merit may be demonstrated in a range of areas such 
as business, entrepreneurialism, science, technology, culture, health, or education. In determining 
whether the proposed endeavor has national importance, we consider its potential prospective impact. 
Initially, the Petitioner stated that he intends to continue using his expertise and knowledge in the field 
of real estate finance by working as a financial analyst in the United States. He indicated that he was 
currently employed as a financial accountant by I a company 
that sells real estate and brokers real estate transactions. 
1 In announcing this new framework, we vacated our prior precedent decision, Matter of New York State Department of 
Transportation, 22 T&N Dec. 215 (Act. Assoc. Comm'r 1998) (NYSD01). 
2 See also Poursina v. USCIS, No. 17-16579, 2019 WL 4051593 (Aug. 28, 2019) (finding USCIS' decision to grant or 
deny a national interest waiver to be discretionary in nature). 
3 See Dhanasar, 26 I&N Dec. at 888-91, for elaboration on these three prongs. 
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The Petitioner stated that his proposed endeavor would potentially impact the United States in the 
following ways: 
• Identify investment opportumt1es and establishing relationships with new 
clients abroad, in order to facilitate cross-border transactions between the U.S. 
and foreign investors; 
• Provide financial guidance to U.S. companies and private individuals while also 
creating new jobs through my endeavors; 
• Attract foreign direct investment into the United States; 
• Conduct risk analysis, monitor market trends while also helping clients make 
smart investment decisions; and 
• Apply my expert advice and analysis in order to increase the financial profits 
of U.S. companies and private individuals. 
The Petitioner also supplemented the record with a copy of his job offer from I I 4 articles and reports discussing the occupation of financial analyst, copies of 
industry reports pertaining to the real estate market, articles discussing the economic impact of 
immigrant entrepreneurs, and testimonial letters from former employers. 
In a request for evidence (RFE), the Director noted that the Petitioner had not demonstrated the 
national importance of his proposed endeavor. Specifically, the Director found that the Petitioner's 
statements, as well as the supporting letters and industry reports, were insufficient to demonstrate that 
his proposed endeavor working as a financial analyst in the real estate industry would have significant 
potential to employ U.S. workers or show that it has other substantial positive economic effects, 
particularly in economically depressed areas. 
In response, the Petitioner provided an updated statement indicating he intended to continue working 
as a financial analyst as well as a business developer, providing land acquisition, residential analysis 
and market feasibility services to and other clients. The 
Petitioner further claimed that he would promote this endeavor through a real 
estate investment company he cofounded inl 2020. 
The Petitioner submitted a detailed business plan, indicating that through his new company he will 
conduct feasibility analysis for the land development process, and raise capital based on the numbers 
generated from the analysis. The business plan also indicated that the company would create 40 direct 
jobs and 200 indirect jobs in the United States, and that the company's ultimate goal was to have 
"US$500.000.000 in assets under management by 2031 or sooner." 
In the decision denying the petition, the Director concluded the record did not establish that the 
proposed endeavor has national importance, observing that the Petitioner did not offer sufficient 
evidence to demonstrate that that his business stands to impact the regional or national population at 
a level consistent with having national importance. The Director also concluded that the Petitioner 
4 We note that, while information about the nature of the Petitioner's proposed endeavor is necessary for us to determine 
whether he satisfies the Dhanasar framework, he need not have a job offer from a specific employer as he is applying for 
a waiver of the job offer requirement. 
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did not demonstrate that the specific endeavor he proposes to undertake has significant potential to 
employ U.S. workers or otherwise offers substantial positive economic effects. 
On appeal, the Petitioner contends that he has demonstrated the national importance of his proposed 
endeavor under the preponderance of evidence standard, arguing that the Director focused more on 
the Petitioner's company than "emphasizing and analyzing his preparation, expertise, and experiences 
as a financial and real estate specialist." With respect to the standard of proof in this matter, a petitioner 
must establish that he meets each eligibility requirement of the benefit sought by a preponderance of 
the evidence. Matter of Chawathe, 25 I& N Dec. at 375-76. In other words, a petitioner must show 
that what he claims is "more likely than not" or "probably" true. To determine whether a petitioner 
has met his burden under the preponderance standard, USCIS considers not only the quantity, but also 
the quality (including relevance, probative value, and credibility) of the evidence. Id. at 376; Matter 
of E-M-, 20 I&N Dec . 77, 79-80 (Comm'r 1989). 
In determining national importance, the relevant question is not the importance of the industry, field, 
or profession in which an individual will work; instead, to assess national importance, we focus on the 
"specific endeavor that the foreign national proposes to undertake." See Dhanasar, 26 I&N Dec. at 
889. Dhanasar provided examples of endeavors that may have national importance, as required by 
the first prong, having "national or even global implications within a particular field, such as those 
resulting from certain improved manufacturing processes or medical advances" and endeavors that 
have broader implications, such as "significant potential to employ U.S. workers or has other 
substantial positive economic effects, particularly in an economically depressed area." Id. at 889-90. 
Preliminarily, we note that the Petitioner established his new company inl 12020, nearly two 
years after he filed the petition. When he first filed the petition, the Petitioner did not indicate that he 
would establish his own business. Rather, as discussed above, he stated an intention to continue his 
work as a financial analyst while employed by I I At the time of 
filing, the Petitioner provided his job offer with l I and claimed that 
he would "apply [his] expert advice and analysis in order to increase the financial profits of U.S. 
companies and private individuals. 
A petitioner must meet all eligibility requirements at the time of filing the petition. 8 C.F.R. 
§ 103 .2(b )(1 ). A petitioner may not make material changes to a petition that has already been filed in 
an effort to make an apparently deficient petition conform to USCIS requirements. See Matter of 
Izummi, 22 I&N Dec. 169, 175 (Comm'r 1998). Here, when the Director asked the Petitioner for more 
details about his proposed endeavor in the RFE, the Petitioner responded by significantly changing 
the endeavor, rather than establish the national importance of the proposed endeavor as described at 
the time of filing. The Petitioner's establishment of a new company and plan to perform services as a 
CEO for this entity formed after the filing date cannot retroactively establish eligibility. 
In Dhanasar, we determined that the petitioner's teaching activities did not rise to the level of having 
national importance because they would not impact his field more broadly. Id. at 893. Here, we 
conclude the record does not show that the Petitioner's proposed endeavor, as initially described, 
stands to sufficientl y extend beyond his employer and its clientele to impact the real estate industry or 
the U.S. economy more broadly at a level commensurate with national importance. Beyond general 
assertions, he has not demonstrated that the particular work he proposes to undertake offers original 
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innovations that contribute to advancements in his industry or otherwise has broader implicat ions for 
his field. In addition, he has not sufficiently demonstrated that his specific proposed endeavor has 
significant potential to employ U.S. workers or otherwise offer substantial positive economic effects 
for our nation . While the Petitioner 's initial statements reflect his intention to provide real estate 
financial advice and expertise, he has not offered sufficient information and evidence to demon strate 
that the prospecti ve impact of his proposed endeavor rises to the level of national importance. 
Moreover, subsequent material changes to the proposed endeavor cannot retroactively establish 
eligibility at the time of filing, and the record contains conflicting information about the basic nature 
of the proposed endeavor. 
Although the Petition er provided information and statistics regarding such matters as the housing 
market and real estate development industry , 5 in determining national importance , the relevant 
question is not the importance of the field, industry, or profession in which the individual will work; 
instead, we focus on the "the specific endeavor that the foreign national proposes to undertake ." See 
Dhanasar , 26 I&N Dec. at 889. 
In addition, the Petitioner cites to his expertise and record of success in previous projects. His 
education and past experience, however , are considerations under Dhanasar's second prong, which 
"shifts the focus from the proposed endeavor to the foreign national." Id. The issue here is whether 
the Petitioner has demonstrated the national importance of his proposed work. 
For all these reasons , the Petitioner's proposed work does not satisfy the "national importance" 
element of the first prong of the Dhanasar framework. Since the identified basis for denial is 
dispositive of the Petitioner's appeal, we decline to reach and hereby reserve the Petitioner 's appellate 
arguments regarding his eligibility under the second and third prongs . See INS v. Bagamasbad, 429 
U.S . 24, 25 (1976) ("courts and agencies are not required to make findings on issues the decision of 
which is unnecessary to the results they reach") ; see also Matter of L-A-C-, 26 I&N Dec. 516, 526 n. 7 
(BIA 2015) (declining to reach alternative issues on appeal where an applicant is otherwise ineligible) . 
III. CONCLUSION 
As the Petitioner has not met the requisite first prong of the Dhanasar analytical framework , we 
conclude that he has not demonstrate his eligibility for or otherwise merits a national interest waiver 
as a matter of discretion. 
ORDER: The appeal is dismissed. 
5 While we may not discuss every piece of evidenc e submitt ed, we have reviewed and considered the record in its entirety . 
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