The highly sought-after U.S. investment immigration EB-5 program is set to expire this September. As major immigration countries such as Canada, Australia, and Singapore have significantly raised their thresholds, and with the impact of the Canadian federal cap, the U.S. EB-5 immigration program, which has maintained its policies, continues to gain popularity. Statistics show that there are currently over 100 U.S. "Regional Center" projects, but the plethora of options does not guarantee the same operational strength, and the uneven quality of projects has left many investors hesitant and cautious.
In the face of the challenging U.S. investment immigration landscape, the "Washington, D.C. Urban Square Project Phase II" launched by Worldway Group has received unanimous praise from the industry and widespread favor from investors since its inception. Since March, Worldway Group has held grand presentations for this project in Beijing, Shanghai, Guangzhou, Shenzhen, and Qingdao, attracting significant attention from the industry and enthusiastic responses from investors. Many investors believe this project is a highly ideal and reliable option, with investment advantages far surpassing other EB-5 projects, leading several investors to sign contracts to subscribe to this project on-site. Following the presentations, the response from investors has been overwhelmingly positive. In response to the strong demand from investors, Worldway Group has decided to hold a special presentation for the U.S. investment immigration Washington, D.C. Urban Square Phase II project before the expiration of the EB-5 program. This is not only due to Worldway's reputation as the most authoritative investment consulting and immigration service institution in the country, which has consistently adhered to a service philosophy of professionalism, efficiency, integrity, and speed, handling tens of thousands of investment immigration cases for overseas Chinese and establishing a strong brand; but also due to the unparalleled advantages of the Washington, D.C. "Urban Square Project Phase II" among numerous investment projects.
Beijing Presentation Site
Shanghai Presentation Site
Qingdao Presentation Site
(1) Due to the impact of the U.S. subprime mortgage crisis, the development of the U.S. economy has been severely hit, prompting the government to continuously relax investment immigration policies to attract more foreign capital to support economic development and alleviate the high unemployment rate and public grievances. The employment bill previously proposed by Obama has yet to be approved by Congress. At this time, Obama announced 14 nationwide fast-tracked infrastructure projects, which undoubtedly provide significant relief for American citizens and investors looking to immigrate to the U.S. The Washington, D.C. "0" Street Urban Square Project is one of these projects and is backed by the Federal Housing Administration's 220 program, which guarantees financing for the development of mixed-use real estate projects, providing investors with dual security. (2) All 10 EB-5 applicants from Phase I of the project have been approved, adding substantial assurance and confidence for both the entire operational team of the Washington, D.C. "Urban Square Project Phase II" and the Phase II applicants. (3) The "Urban Square Project Phase II" is located in a TEA area just one mile from the White House; Washington, D.C. is the capital of the United States and the location of the three pillars of the federal government: the White House, Congress, and the U.S. Supreme Court, as well as numerous federal agencies and international organizations. Additionally, the height restrictions in downtown Washington keep property prices high, accelerating the redevelopment of older areas. The "Urban Square Project Phase II" was born out of this market demand. (4) The job creation model exceeds the immigration bureau's requirement by 2.6 times; although the construction period is two years, the project is expected to create 2,394 jobs through the immigration bureau-approved RIMS calculation. This number far exceeds the 900 job requirement for a maximum of 90 investors. Below is the link to the "Federal Infrastructure Projects Website" under the Office of Management and Budget (OMB):
http://permits.performance.gov/hud-completes-review-citymarket-development
(5) The project has received special approval for a $128 million long-term low-interest loan from the U.S. Department of Housing and Urban Development and a $35 million grant from the Washington, D.C. government, with EB-5 investment accounting for only 14% of the total project investment; (6) David Morris, the chairman of the regional center and managing partner of the EB-5 limited partnership, has extensive EB-5 experience and significant influence in the industry, laying a solid foundation for investors to obtain permanent green cards. (7) On November 18, 2011, the creation of 2,400 jobs was recognized by the U.S. Department of Housing and Urban Development. (8) Phase II of the project officially commenced on November 18, 2011, allowing investors to track progress remotely 24/7, ensuring the protection of investors' rights. (9) A lease has been secured with the "Giant" supermarket chain and the "Cambria Suites by Choice Hotels" chain, accounting for 9% of the overall budget, fully reflecting the commercial value. (10) The developer, Roadside Development, LLC, has extensive experience in development services, ensuring the smooth completion of the project. (11) The EB-5 loan is secured by a first-priority lien on the ownership of a 181-room hotel, ensuring the safety of funds.
The expiration date of the U.S. EB-5 "Regional Center" program is approaching. Worldway Group's immigration experts advise investors interested in U.S. investment immigration to seize the current opportunity decisively to avoid uncertainties in immigration policies after the expiration of the EB-5 program.
