On October 18, in response to the enthusiastic demand from numerous investors, a project seminar for the currently popular Pennsylvania Turnpike project for U.S. investment immigration was held again in Shenzhen. This seminar focused on the Pennsylvania Turnpike project, as well as the current status and future outlook of U.S. immigration policy.
The Pennsylvania Turnpike project is the first project launched since the enactment of the U.S. EB-5 investment immigration act in 1990 that is 100% invested, managed, operated, borrowed, and repaid by a U.S. state government. The construction of the I-95 interstate highway is expected to be completed in 2018 and has been described as a "hub project vital to U.S. national interests and security." This type of project is unique and unprecedented in the history of U.S. EB-5 investment immigration to date.
The official launch event for the Pennsylvania Turnpike project was packed, with the high-quality project attracting a large number of investors, requiring additional seating to be added repeatedly. Mr. Charlie ZHANG, Manager of the U.S. Project Department at Worldway Group, provided investors with a detailed introduction to the absolute advantages of the Pennsylvania Turnpike project: The Pennsylvania Turnpike Commission borrows from EB-5 and provides unconditional repayment, enjoying an A+ rated government credit repayment guarantee. At the same time, it has an EB-5 investment bank escrow account to ensure the safety of funds. The project is expected to create 5,368 jobs, with an employment multiplier of 5.37 times, and the job positions have already been recognized by the USCIS. This project is a rare EB-5 project that has already received I-924 pre-approval from the USCIS: This means that the USCIS has pre-approved the reasonableness and legality of the EB-5 investment project. Therefore, when approving the I-526 conditional green card, provided that the project legal documents remain unchanged, the USCIS only needs to focus on the legality of the investor's source of funds without having to re-examine the project itself. This significantly reduces the approval time, allowing investors to obtain I-526 approval and conditional green cards faster, thereby actively addressing potential future issues such as backlogs and visa scheduling in U.S. investment immigration.
What delighted investors is that Worldway has already launched a 5-day express filing service for this project. As long as the investor's personal documents are complete and without issues, the legal team will submit them to the USCIS within 5 days of receiving the client's documents from Worldway, helping investors actively cope with the impending U.S. investment immigration visa scheduling issue. Guests expressed that Worldway Group's leading position in the U.S. immigration industry is reflected in its grasp of U.S. immigration policy and its selection of U.S. immigration projects; it is precisely this foresight that has kept Worldway at the forefront of the industry from the very beginning.
