The investment of 500,000 USD by 100 Chinese citizens to build roads in the U.S. in exchange for green cards has recently attracted widespread attention on the internet and in major media. What is the truth behind this? On December 14, the "Immigration Policy" column, a popular weekly television program on Shanghai's China Business Network (CBN), flew from Shanghai to Shenzhen to conduct an exclusive interview at the Starryland "520 Bridge EB-5 Investor Dividend Conference" held at the Ritz-Carlton, Shenzhen. During the interview, they conducted an in-depth discussion on the truth behind "100 Chinese citizens investing 500,000 USD to build roads in the U.S. in exchange for green cards."
In the interview, "Immigration Policy" stated: The 520 Bridge Bond Project is the first investment method in history to obtain green cards for the whole family by purchasing tradable bonds issued by a U.S. state government, pioneering a new path for investment immigration. The innovation of the 520 Bridge Bond Project is a milestone in the history of U.S. EB-5 development. This 520 Bridge EB-5 Investor Dividend Conference is also the first dividend conference in the Chinese industry, marking another milestone. It will have a significant impact on the entire immigration industry, and Chinese investors will pay even closer attention to such government projects.
520 Bridge Bond Project's financing method is essentially in compliance with the EB-5 Act, but it faced many malicious attacks from the internet when it was launched. Ultimately, Starryland withstood the pressure, firmly believing that this project is a selected project that complies with U.S. immigration law and maximizes the protection of client interests. The 520 Bridge project was successfully approved, and Starryland has set a new milestone for U.S. investment immigration, creating a new industry orientation!
Currently, the Pennsylvania Turnpike EB-5 project launched by the Pennsylvania state government, like the 520 Bridge project from three years ago, is also a road and bridge project monopolized by the state government. This project is also an EB-5 project where the state government borrows money and provides a credit guarantee to ensure repayment. This project has also been highly sought after by Chinese investors. Once the first phase of the Pennsylvania Turnpike project was launched, it was quickly snapped up by 100 investors in less than 2 months. Therefore, like the 520 Bridge project, it also attracted some malicious criticism and attacks on the internet.
Starryland U.S. immigration experts analyzed and pointed out: The reason why the Pennsylvania Turnpike project is so popular among many investors, and even reached a state of near-panic buying several times, is that the project itself has two outstanding advantages: First, it is a 100% government project that has already received actual I-924 project pre-approval from the U.S. Citizenship and Immigration Services; second, the Pennsylvania Turnpike Commission, as the borrower, has long held an A+ credit rating.
Of course, compared with the 520 Bridge project, the Pennsylvania Turnpike project also has several differences:
First, the Pennsylvania Turnpike project is not an EB-5 project using a bond financing method, but a direct government financing EB-5 project where the state government borrows directly from EB-5 investors and promises repayment.
The borrower of the Pennsylvania Turnpike project—the Pennsylvania Turnpike Commission—has been rated A+ by the three major international rating agencies. It is particularly worth noting that in August 2014, the top-tier tax-supported bonds issued by the Pennsylvania Turnpike Commission were rated AAA by Moody's.
Secondly, another difference between the Pennsylvania Turnpike project and the 520 Bridge project is that the Pennsylvania Turnpike project had already received I-924 pre-approval from the U.S. Citizenship and Immigration Services before it was launched, which is another reason why the Pennsylvania Turnpike project is more popular among Chinese investors than the 520 Bridge project.
The public welfare road and bridge project monopolized by the Pennsylvania state government—the first phase of the Pennsylvania Turnpike project—was quickly snapped up by Chinese investors amidst "complaints." The second phase of the Pennsylvania Turnpike project, with its kingly demeanor, quickly spread across China, attracting even higher enthusiasm and panic buying from Chinese investors.
Finally, Starryland U.S. immigration experts pointed out: The enthusiasm of Chinese investors for such government-monopolized EB-5 projects reflects the cautious attitude of Chinese investors in choosing EB-5 projects, and further illustrates that Chinese investors are becoming more rational and mature in their EB-5 project investments. When choosing EB-5 projects, Chinese investors no longer listen to rumors on the internet, but make rational analyses and objective judgments based on a cautious understanding of the EB-5 project itself and the ratings of the project borrower by the three major international rating agencies, and finally make the correct choice. This is precisely a sign of the maturity of Chinese investors.
