According to reports, 10 Chinese applicants for Canadian investment immigration requested on March 4 that the Canadian government not terminate the naturalization applications of thousands of Chinese individuals due to the end of the investment immigration program. They stated that their confidence in Canada as a "trusted country" with good rule of law, environment, and welfare has begun to waver.
On February 11, Canada announced the termination of its federal investment immigration and entrepreneur immigration programs, which had been in operation for 28 years. Approximately 66,000 applications that had been pending for years were cancelled, and all application fees were refunded. It is understood that more than 75,000 applicants were involved, with about 90% being Chinese citizens.
Faced with the abruptly closed doors of Canadian investment immigration, some investors chose to protest helplessly, while more abandoned Canada and turned to other immigration destinations. Among them, the United States, which has the strongest substitutability with Canada, is the top choice for many. Starryland immigration experts explain that compared to the investment immigration policies of Canada and Australia, the qualification review for the U.S. EB-5 investment immigration is relatively lenient. Applicants only need to be over 21 years old, provide proof of $500,000 in legally sourced funds, and have no criminal record to be eligible. Generally, applicants can obtain a permanent green card two years after receiving a conditional green card, making it a "high-value and cost-effective" immigration option with high gold content.
However, the current "accessible" price of the U.S. EB-5 investment immigration is about to end, and the investment amount may be raised to $800,000. At the same time, due to the rising number of applicants year by year, the 10,000 EB-5 quota for the 2014 fiscal year will be exhausted, which will cause applicants to enter a long waiting period. Therefore, the number of people wanting to apply during the "golden period" of U.S. investment immigration has surged. According to Starryland immigration experts, a series of EB-5 projects recently launched by Starryland have sold out rapidly, which reflects from one perspective the urgent demand of Chinese investors for high-quality EB-5 projects.
This Saturday and Sunday, another powerful project for which Starryland serves as the exclusive chief agent in China, the Crocker Park renovation project, will arrive in Beijing, Shanghai, and Shenzhen. Project representatives including Mr. Brent Leslie, Chief Financial Officer of the Cleveland-Cuyahoga County Port Authority; Mr. Stephen Strnisha, CEO of the Cleveland International Fund (Regional Center); Ms. Kristen Laughlin, Chief Marketing Officer of the Cleveland International Fund (Regional Center); and Ms. Yao Li, Asia Operations Manager of the Cleveland International Fund (Regional Center), will explain the project advantages and the current status of U.S. investment immigration on-site. Investors interested in immigrating to the United States should not miss this opportunity. Reservation hotline: 400-138-2929
Shenzhen March 8 (Saturday) 14:30 Rome Hall, 1st Floor, The Venice Raytour Hotel, Nanshan District, Shenzhen
Shanghai March 9 (Sunday) 14:30 Jin Hai Hall, 3rd Floor, Four Seasons Hotel Shanghai Puxi
Beijing March 9 (Sunday) 14:30 Banquet Hall A, 1st Floor, China World Hotel
