On August 23th, the salon room at the new location of WorldWay Immigration Shenzhen, located in the CBD of Shenzhen, was filled with guests. As the first briefing held at the new location, the briefing for the Las Vegas Third Street Redevelopment Project was a great success.
This briefing featured heavyweight guests, including Mr. Reed, Chief Marketing Officer of the Las Vegas Third Street Redevelopment Project, Mr. Lin, Director of the Asian Market for the Las Vegas Third Street Redevelopment Project, Vice President Justin Gardinier of CIM Group, and Mr. David, a prominent attorney and partner at the renowned American law firm BHFS, as well as the head of the EB-5 team. They traveled from afar to share the latest developments regarding the Las Vegas Third Street Redevelopment Project and the EB-5 policy in the United States with investors.
BHFS is one of the top five lobbying law firms in the United States, responsible for managing government relations for many large commercial organizations. Mr. David, who is the head of the EB-5 team at BHFS, is based in Washington, D.C., and is responsible for establishing communication channels and managing relationships between large developers, investment institutions, and U.S. legislative bodies, including the Department of Homeland Security and the Department of the Treasury. He actively participates in lobbying for the legislation of the latest immigration reform bills in the United States. David has previously served as the Chief of Staff for three U.S. Customs and Border Protection Commissioners and as a senior professional member of the U.S. House of Representatives Committee on Banking and Financial Services. At the briefing, David discussed the legislative developments of the latest immigration reform bill and delivered a speech on the latest approval policies from the immigration bureau, covering topics such as the calculation of investment immigration visa quotas, increases in investment amounts, recognition of bridge financing for EB-5 projects, and key approval concerns for investors.
Mr. Reed, Chief Marketing Officer of the Las Vegas Third Street Redevelopment Project, provided detailed explanations to investors regarding the overall planning, development prospects, government support, and funding ratios of the Third Street Redevelopment Project. Mr. Lin, the Director of the Asian Market for the project, showcased a large number of the latest operational images and related details of the project to the investors on-site, allowing them to gain a clearer and more thorough understanding of the project.
From the perspective of project safety, current U.S. investment immigration regulations require that projects must have a certain level of risk. Selecting high-safety EB-5 projects involves multiple considerations, with the most critical question being, "Who will manage the money?" Choosing a well-known manager with government backing or one that has a high reputation and extensive experience will minimize risks. The funding for the Las Vegas Third Street Redevelopment Project is managed by CIM, a private real estate fund ranked 27th globally, which is as safe as entrusting funds to the Washington State government. Over the past 19 years, CIM has maintained a 100% success rate with $6.4 billion in equity investments and manages $11.6 billion in assets, ensuring that investors do not need to make that consideration again. It is important to emphasize that among all current EB-5 projects, the Las Vegas Third Street Redevelopment Project is the only one whose safety can be compared to the recently approved $520 million bridge project.
At the event, investors engaged in lively discussions and interactions with the guests regarding their concerns about approval times, investment cycles, and other issues. With the further standardization of the EB-5 market, its attractiveness to global investors is increasing day by day, and the industry generally predicts that the investment amounts will soon undergo significant adjustments. Faced with the "once-in-a-lifetime" opportunity of the Third Street Redevelopment Project, many investors expressed strong investment intentions, with several signing contracts on-site.
From August 19 to September 2, during the major discount period of 15 days, signing contracts for various projects with WorldWay Immigration will enjoy unprecedented discounts. For details, please call 400-138-2929.
