Home Care Services
Home health aide services and unskilled home care or in-home care services are for people who prefer to stay at home but need ongoing and persistent care that cannot easily be provided by their family or friends.
Why Home Care Services?
The notion is that as we age, the comforts of ‘the familiar’ become more and more important. Our food, music, special family and cultural celebrations, and languages can provide this comfort and confirm our individual identity. It is estimated that nine out of ten older adults prefer to live non-institutionalized lives, and in-home care is a safe and effective way to provide care in the comfort of their own home.
Opportunity
According to the US Census, by 2050, the population of adults age 65+ will almost double, to 88 million, and the number of adults over 85 is expected to more than triple, to 18 million. The population of 85+ years old is the fastest growing segment and will increase by 30% in the next 10 years.
US home healthcare is evolving into a massive market for US health systems and hospitals. The US home healthcare market is projected to grow about 7% annually from $103 billion in 2018 to $173 billion by 2026 — while global Home Healthcare Market Size Worth $528.2 billion by 2026.
The global home healthcare market size is projected to reach USD 298.2 billion by 2026 from USD 198.9 billion in 2021, at a CAGR of 8.4%. Population aging around the world and increased patient preference for value-based healthcare are anticipated to fuel market growth. According to the World Health Organization (WHO), there were 703 million persons aged 65 years or over in the world in 2019. The number of older persons is projected to double to 1.5 billion by 2050.
market
Home Care primary market consists of retirement, assisted living communities, and nursing homes. Our secondary market consists of independently living senior citizens and people with disabilities. Our third market consists of people with short-term disability or illness. Initially we will target the 65+ years old population and handicapped. We will later provide in-home care to those with a short-term disability or illness until they can get on their feet again.
Services
Home health care services for seniors, people with disabilities, and special needs clients include, but not limited to:
Live-in care services and hourly care
Entertaining (games, crafts, reading, etc.)
Providing companionship and conversation
Assisting with mobility
Performing light housekeeping
Running errands (prescription pick up, dry cleaning, grocery shopping, etc.)
Personal Care Services
Alzheimer’s and dementia care
Respite care for family personal attendants
INVESTMENT
Initial Capital Investment – $60,000 ONLY
Investment amount will be calculated at actual and progressively as on every stage of the process would involve a budget price and its deliverables, so as to keep the investors fully updated and transparent.
An additional 25% of the investment amount to be kept in business bank account for operating expenses.
This amount includes at a minimum three (3) months of average projected expenses to cover startup costs, working capital costs, and contingency financing.
Return on INVESTMENT
- 35% ROI per annum
- 2.5 – 3 Years Break Even
- $2,500 - $4,000 Income Per Month
Process
DOCUMENT SUBMISSION AND AGREEMENT SIGNING:
The client first submits all the requested documents following which an agreement is signed with them to commence the business.
BUSINESS REGISTRATION AND BANK ACCOUNT:
Once the agreement is signed, we register the client’s business and set up a bank account for all the transactions.
OFFICE SPACE LEASE AND SETUP:
We also have an option to set up the office for our clients to give them a physical platform to run their business.
INITIAL STAFF RECRUITMENT:
We then begin to recruit the staff required to carry out the duties and tasks to accomplish the concerning business.
STATE LICENCE APPROVAL AND REGISTRATION:
We endorse the business by securing State License and the registration of the business thus becomes approved and stands legal.
BRANDING AND DIGITAL SET UP:
After the successful registration and attainment of the State License, we commence the branding, marketing and promotion of the business in question to make it live up to all the hype.
BUSINESS LAUNCH AND VISA APPLICATION:
Once the business gains sufficient promotion and branding, we inaugurate it officially and begin to accept the Visa applications of the clients.
APPLICATION SUBMISSION AND VISA INTERVIEW:
After the clients have successfully submitted their applications and they have been processed, we conduct the visa interviews to select the clients who fulfill and meet our set criteria and parameters.
VISA ISSUANCE AND LANDING IN USA:
We issue the visa to the clients selected after conducting the interviews, and enable them to depart for USA in a successful manner.
Business Opportunity:
US is an aging population and the number of adults age 65+ will almost be double in next 10 years. More and more older adults prefer to live independently and want to stay in their houses specially during covid-19 induced restrictions while looking for the care services to meet their day-to-day needs. This social shift means new opportunities for growth, services, and profit in our business segment.
E2 Criteria:
When it comes to E2 Visa criteria, Home Care Services is one of the most affordable, low investment budget and productive business opportunity which can not only fulfil all E2 visa related requirements but can also generate good business opportunities.
We will setup the home care agency for you as per all requirements and eligibility criteria for E2 Investor Visa.
Partnership:
We have sufficient expertise to establish, run and manage the home care services for our clients and hence we offer the PARTNERSHIP opportunity to foreign investors.
Covid Impact:
While Covid has impacted the overall economy, yet the Investor Visa has a good potential and higher success ratio this time, and also good business opportunities have risen up specially as Home care services have increased in demand due to COVID because elderly want to stay at home and receive required care too.
Financial Breakup:
- Initial Capital Investment – $50,000 ONLY
- Average expected Monthly Profits – $4,000 – $6,000
- Partnership – 50% – 50%
Timeline:
- Time to Setup the Business – 3-5 Months
- Agency License – 2 Months
- Visa Application: 3 Months
Process:
Step 1 – Finalize the Business model.
Step 2 – Sign the agreement to start the process.
Step 3 – We prepare the Business.
Step 4 – We prepare the application.
Step 5 – Engage an Immigration Attorney to manage the application.
Step 6 – Attend the interview in USA embassy.
Step 7 – Get Visa approval.
Get Visa Approval
Please send us the following documents;
- Latest updated resume
- Passport copy
- Business Registration & Profile (If applicable)
- NTN registration
- Tax returns
- Bank statement showing the Investment amount