Latest news on U.S. investment immigration from Worldway: On January 17, Worldway's Shenzhen branch held a grand presentation for the Pennsylvania Turnpike Project Phase II, with many clients arriving early. Worldway's immigration experts provided a detailed analysis of the current global investment immigration situation and trends, with a particular focus on the unique advantages of the Pennsylvania Turnpike Project, which has once again attracted frenzied purchases from investors.
The Pennsylvania Turnpike Phase II continues all the advantages of Phase I and is composed of a limited partnership of EB-5 investors, each contributing an investment of $500,000, which is loaned to the Pennsylvania Turnpike Commission, the agency responsible for this project, and guaranteed by the Pennsylvania Turnpike Commission for repayment. Therefore, from an investment perspective, it is a government project where money is lent to the Pennsylvania government, which will repay the loan.
The reason the Pennsylvania Turnpike Project has garnered significant interest from numerous investors, even nearing a buying frenzy at times, lies fundamentally in its two outstanding advantages: first, it is a 100% government project that has received actual project I-924 pre-approval from the U.S. Citizenship and Immigration Services; second, the Pennsylvania Turnpike Commission, as the borrowing entity, has maintained an A+ credit rating for a long time.
The Pennsylvania Turnpike Commission was established by the Pennsylvania government in 1937 and has never experienced any default events in its 77 years of operation. The various toll road projects operated by the Pennsylvania Turnpike currently generate annual revenues of $830 million, and by the time the project repays in 2020, the expected operating income will be around $1.3 billion per year. Additionally, the Pennsylvania Turnpike Commission is also the largest government bond issuer in Pennsylvania, thus possessing strong performance capabilities.
Industry analysis: Since 2014, we have witnessed the closure of the Canadian federal investment immigration program and the Hong Kong investment immigration program, as well as price increases in the United Kingdom, Australia, and Hungary. The United States, which has not raised its investment amount in 24 years, is finally feeling the pressure, with industry expectations that the investment amount for the U.S. EB-5 investment immigration program may rise to $800,000-$900,000 in 2015.
With global immigration policies tightening since 2014, especially after Hong Kong suspended its investment immigration program, the path to U.S. EB-5 investment immigration has become even more congested. CCTV and major media outlets have issued warnings: beware of a sudden halt in U.S. EB-5 investment immigration! Many wealthy individuals who missed the opportunity for Hong Kong investment immigration are now turning to the U.S. investment immigration program, which currently has the highest value and lowest threshold, and the already approved government project by the immigration bureau—the Pennsylvania Turnpike Project—has become a hot commodity in the EB-5 market.
Worldway immigration experts remind: opportunities are the most impatient guests; they will only knock on your door once! Investment immigration to Canada has closed, Hong Kong has closed, Australia has an absurdly high threshold, and anti-immigration sentiment is rising in Europe. The U.S. may be the next domino to fall. Currently, it is crucial to make a decision on the project as soon as possible and submit applications early, as this may be the last chance for investors to secure an EB-5 visa. To ensure a successful application on the first attempt and reduce approval time, choosing an already approved project by the U.S. immigration bureau—the Pennsylvania Turnpike Project—may be the best option to cope with the upcoming backlog and price increase. For more information, please call: 400-138-2929.
