U.S. investment immigration is based on financial security with the goal of immigration.
The characteristics of U.S. investment immigration project selection are: fully adapting to the requirements of U.S. immigration legislation for investment immigration applicants, with a greater focus on low-risk investment return goals. Applicants for U.S. investment immigration are primarily focused on immigration as the ultimate goal, rather than pursuing excessive profits through investment. What matters to everyone is a smooth immigration process and the safety of the investment funds. Therefore, the Comprehensive Loan Program in the core area of Los Angeles is one of the projects that best aligns with the goals of applicants for U.S. investment immigration.
The Comprehensive Loan Program in the core area of Los Angeles is bank-regulated.
This economic development project for investment immigration in Southeast Los Angeles is managed by Wilshire State Bank, a domestically listed bank located in downtown Los Angeles. It first selects seven industrial clusters from all industries in the 34 congressional districts, which includes over 7,000 commercial enterprises, accounting for 28% of all industrial enterprises in the district. From these over 7,000 commercial enterprises, excellent companies are selected as key investment indicators. The investment funds from investment immigrants are combined with the bank's funds to provide loans to these excellent commercial enterprises, with quarterly returns to investors at an annual interest rate of approximately 1.6%. Wilshire State Bank is responsible for the entire loan process, including project selection, credit investigation, risk control, collateral guarantees, loan disbursement and collection, and financial monitoring.
Background of Wilshire State Bank
Wilshire Cooperative Bank Ltd. (Group) was established in 1980, and the company's operations include a range of financial products. The services provided by the group are mainly conducted through its subsidiary, Wilshire State Bank, a commercial bank chartered by the State of California. Wilshire State Bank is a domestically listed bank on NASDAQ. The bank's headquarters is located in Los Angeles, with a nationwide financial loan product line and 23 branches distributed across four states in the U.S., including California, Texas, New Jersey, and the New York City metropolitan area. With the support of the U.S. government, it acquired American Merger Bank in June 2009 (after divesting non-performing assets). By the end of 2008, the bank's non-performing loan ratio was only 1.43%, while interest income increased by 2.8% compared to 2007. The bank was not affected by the subprime mortgage crisis and has maintained profitability for 47 consecutive quarters.
