2013 was a year of brilliant achievements for Worldway Group in the field of U.S. EB-5 investment immigration, with twelve major EB-5 projects successfully approved in the first 10 months, shaking the industry. As November arrived, more good news followed: the California Solar Power EB-5 project, carefully selected by Worldway Group and for which it served as the chief agent, with its I-526 application already approved, sold out in a frenzy, taking only twenty days in total.
Since Worldway Group grandly launched the California Solar Power project, every seminar has been packed, with investors showing enthusiastic interest, making it a rare U.S. “hard-to-get” EB-5 project. Adhering to the spirit of responsibility toward investors and based on the philosophy of “Selected Projects”, Worldway Group believes that the California Solar Power project is a rare, high-quality EB-5 project at present. The project has already successfully obtained I-526 approval, meaning the immigration authorities will no longer review the project itself, which implies that the approval speed for investors will be even faster. As long as the investor's personal and family documents meet the requirements, I-526 approval will be very smooth.
In addition, the California Solar Power project is expected to be completed in 2014, and the indirect employment generated by construction costs has already met the employment requirements for I-829. According to the employment report, the project will cumulatively create 3934 indirect job opportunities, while I-829 condition removal only requires 2000 indirect job opportunities, with an employment surplus of nearly double. The project has already signed a 25-year purchase agreement with California's largest utility company, the NYSE-listed Pacific Gas and Electric Company (PG&E), to sell 100% of its electricity to PG&E at a fixed price, significantly reducing the project's potential financial or pricing risks. EB-5 investors' funds are provided to the project in the form of a loan through a limited partnership. The borrower is a subsidiary of a NYSE-listed company, with the parent company having assets reaching 64.4 billion USD and a 2012 net income exceeding 1.9 billion USD, providing a full, unconditional guarantee, which offers a solid safeguard for the safety of investors' funds and the acquisition of green cards.
During the process of Worldway Group promoting this project, many investors who had long intended to apply for U.S. investment immigration but struggled to find an EB-5 project they were completely satisfied with, did not hesitate to sign with Worldway Group and chose the California Solar Power project, due to its clear advantages of I-526 approval, surplus job creation, and guaranteed capital return, as well as their attention to and recognition of the Worldway Group brand.
Selling out in just twenty days, the Worldway Group California Solar Power project has sparked a wave of U.S. investment immigration, and the professional capability of Worldway Group's “Selected Projects” has once again been powerfully proven. In the future, Worldway Group will continue to strictly select projects for the vast number of investors, provide escort, and help more investors successfully realize their immigration dreams.
