On January 18, 2015, the information session for the Pennsylvania Turnpike Project Phase II under the U.S. Investment Immigration program was successfully held at Worldway Beijing. The project attracted numerous investors to attend. During this session, Worldway's U.S. investment immigration experts provided detailed introductions on the project's current status, developer background, project advantages, and regional center information, receiving enthusiastic responses from attendees.
The Pennsylvania Turnpike Project Phase II continues all the advantages of Phase I and is a rare project in the U.S. Investment Immigration EB-5 program that is jointly funded by the U.S. federal government and the Pennsylvania state government, and is backed by loans from the Pennsylvania Turnpike Commission with a repayment commitment. This project has already received pre-approval from the U.S. Citizenship and Immigration Services (USCIS) under the I-924 government project.
Recently, the Chief Executive of the Hong Kong Special Administrative Region, Leung Chun-ying, announced in the 2015 Policy Address that the Hong Kong investment immigration program will be suspended starting from January 15, 2015. Worldway's immigration experts predict that after Hong Kong halts its investment immigration program, the next to take action will be the U.S. government. The investment immigration reform bill proposed in the past two years, although not passed, has clearly indicated plans for price increases. The price increase is imminent; it is only a matter of time. Industry predictions suggest that the most likely time for a price increase will be during the U.S. Congress's "vote on the extension of the investment immigration regional center program" on September 30, 2015.
Currently, EB-5 applications are surging, with severe backlogs and priority date alerts approaching. By the spring and summer of 2015, or even earlier, Chinese investors may officially enter the priority date era. We are currently in the golden period of the 2015 fiscal year, and EB-5 visas may see another peak, as the annual visa quotas are being rapidly consumed. The countdown to the 2015 fiscal year priority dates has begun. Time is of the essence, and investors can no longer afford to hesitate. Making a firm decision before the end of 2015 may be the last chance for investors to secure EB-5 visas. To ensure a successful application and reduce approval time, currently selecting projects that have been approved by the USCIS is the best choice to address priority dates.
The Pennsylvania Turnpike Project Phase II is not only a rare project that has received actual I-924 pre-approval from the USCIS, but also a 100% government project backed by the Pennsylvania Turnpike Commission, which has a long-term A+ credit rating. It is currently the best choice to address many uncertainties in 2015. The first phase of the Pennsylvania Turnpike Project was sold out in just two months. Currently, the second phase of the Pennsylvania Turnpike Project is experiencing even more enthusiastic demand. Consultation hotline: 400-138-2929.
