[Worldway Shanghai Report] On December 6, the East China premiere of Phase II of the Pennsylvania Turnpike project, an EB-5 project exclusively represented by Worldway, one of the Top 500 Asian Brands, was held in Shanghai and received enthusiastic support from a large number of investors. Worldway's U.S. immigration experts were on-site to provide investors with a detailed introduction to the project's outstanding advantages, the regional center, the developer's background, and the current status of the project, effectively addressing investors' concerns regarding U.S. immigration.
With 17 years of professional experience, Worldway clearly understands the needs of investors. Many investors hope to obtain U.S. permanent resident status through investment immigration. However, the biggest challenge in fully understanding U.S. investment projects is the inability to conduct a comprehensive and professional assessment of project risks. Personal experience is often one-sided; however, if an EB-5 project has already received a professional credit rating from the three major international rating agencies, it undoubtedly reduces the blindness of investment for investors.
In fact, Pennsylvania is the sixth-largest state in the U.S. and the 18th-largest economy in the world, possessing strong economic power. According to the latest data from the regional center, the Pennsylvania Turnpike Commission currently collects $830 million in tolls annually. It is projected that by 2020 (the time of the EB-5 project repayment), its annual toll revenue will reach $1.3 billion, with a default rate of zero to date. Rated with an A+ credit rating by the three major credit rating agencies, the Pennsylvania Turnpike Commission (PTC) is affiliated with the Pennsylvania state government and is the largest government financing and bond-issuing agency in the state. It has a history of over 70 years, and its credit rating has consistently remained at A+ or above. The three major credit rating agencies have conducted comprehensive assessments of its asset status, liabilities, debt repayment capacity, and performance credit. The results show that the Pennsylvania Turnpike Commission has strong performance and debt repayment capabilities, which is higher than the current credit rating (A grade) of all Chinese state-owned banks, and there has never been a single default event in its history. This is the most powerful highlight attracting investors. These Chinese EB-5 investors are social elites, successful individuals, and mature investors who have their own unique judgment. Why did hundreds of investors quickly make up their minds and even scramble for the Pennsylvania Turnpike project? The reason is self-evident.
With years of industry experience, Worldway's U.S. immigration experts understand the questions investors have regarding project selection and their concerns about information asymmetry. Worldway's U.S. immigration experts verified the authenticity and validity of this news in real-time by logging into the official Moody's website on-site.
To access the official Moody's website (www.moodys.com), you need to register an account to perform searches.
Enter "Pennsylvania" in the search box in the upper left corner; the first result is the Pennsylvania state government rating, and the second is the Pennsylvania Turnpike Commission rating.
On-site, Worldway's U.S. immigration experts also pointed out that after the EB-5 visa quota for the new U.S. fiscal year is reopened, a new wave of application peaks is bound to arrive. In the process of considering U.S. immigration, to cope with the impact of the extended immigration cycle caused by visa retrogression on the overall plans of investors and their families, prioritizing government projects that have already received pre-approval from the U.S. Citizenship and Immigration Services (USCIS) is the best way to deal with delays. During the process of handling U.S. immigration, making payments early and submitting files early to secure a priority number, ensuring a quota spot is obtained, and reducing the impact of retrogression is the golden rule for realizing the family immigration plan as soon as possible.
Regarding the question of whether Phase II and Phase I of the Pennsylvania Turnpike project are the same project, Worldway's U.S. immigration experts gave a very affirmative answer: Phase II of the Pennsylvania Turnpike project is the second financing of the same project. Like Phase I, it has 100 spots, invests in the same highway project, uses the same set of I-526 project documents for the application, and is also a 100% government project that has already received pre-approval from the USCIS.
Phase II of the Pennsylvania Turnpike project continues all the advantages of Phase I. It is an extremely rare EB-5 project in U.S. investment immigration that is jointly invested by the U.S. federal government and the Pennsylvania state government, and is borrowed and guaranteed for repayment by the Pennsylvania Turnpike Commission. Especially against the backdrop of impending U.S. investment immigration retrogression, the Pennsylvania Turnpike project Phase II, which has also received pre-approval from the USCIS, has become the best choice for investors to actively cope with retrogression.
For many investors who regret missing out on Phase I of the Pennsylvania Turnpike project, now is the best time to seize the scarce spots in Phase II.
For more details, please follow: WeChat account "Worldway Shanghai Immigration Company", Weibo account "Worldway Shanghai Immigration Company", or call the toll-free consultation hotline "400-0907-099". More events and more information can be found at Worldway Shanghai.
