In the first 9 months of 2013, with the proud performance of 10 U.S. EB-5 project clients successfully obtaining approval, Worldway once again proved to the industry its concept and ability to select U.S. investment immigration projects. In October, Worldway launched a new quality EB-5 project: the California Solar Energy Project, and successfully became the project's chief representative in China.
The California Solar Energy Project is the largest renewable energy company in the United States, and once completed, it will be the largest solar thermal power plant in the United States, with an installed capacity of 250MW. The project has signed a 25-year purchase agreement with the largest public utility company in California, Pacific Gas and Electric Company (PG&E), a company listed on the New York Stock Exchange, to sell 100% of its electricity to PG&E at a fixed price, greatly reducing the project's potential financial or pricing risks. And the funds of EB-5 investors are borrowed to the project through a limited partnership in the form of loans to build a solar thermal power plant.
EB-5 investment immigration passes three tough hurdles for strong guarantee
1. I-526 hurdle: The California Solar Energy Project has received I-526 approval. The project's I-526 began to be approved in August this year, and 14 people have passed successively.
2. I-829 hurdle: The project is expected to be completed in May 2014. The indirect employment generated by construction costs has met the employment requirements of I-829. (According to the employment report, the project will accumulate 3,934 indirect employment opportunities, but only 2,000 indirect employment opportunities are required, and the employment surplus is nearly double.)
3. Capital repayment hurdle: The EB-5 investment proportion is small, accounting for only 8.2% of the total investment. The EB-5 loan is fully guaranteed by NextEra Energy, Inc., the parent company of the largest solar power supplier in the North American region. The borrower of the EB-5 loan is a subsidiary of a company listed on the New York Stock Exchange, and the parent company's assets reached $64.4 billion, with a net income of more than $1.9 billion in 2012. The credit ratings from Standard & Poor's and Fitch are A-.
The successful approval of I-526 is the first step for investors to obtain a U.S. green card. The California Solar Energy Project has currently successfully obtained I-526 approval, and the immigration authorities will no longer approve the project, which means that the approval speed for investors will be more rapid. As a leading institution in U.S. investment immigration, up to now, Worldway has not had a single case of refusal due to inconsistency in personal and family information, and has created the record of I-526 approval in the fastest 11 days.
Adhering to the service concept of starting from the interests of investors, selecting projects for investors, and providing more detailed project references, Worldway, after strictly evaluating the strength, experience, and project feasibility and execution of the California Solar Energy Project, believes that it will be a rare and steady project in the market. The successful approval of I-526 will greatly guarantee that investors will obtain a permanent green card and quickly realize their American immigration dream. The California Solar Energy Project is high-quality and scarce, with limited spots, and is hotly being snatched up! Please pay attention to Worldway's recent seminars or call the free consultation hotline 400-138-2929
