WorldWay Immigration's latest news on U.S. investment immigration: According to the regulations of the U.S. Citizenship and Immigration Services EB-5 program, the investment funds for EB-5 projects must be at a certain level of risk and must create 10 full-time job opportunities. This establishes two essential risks for EB-5 projects: investment risk and employment risk.
Investors cannot choose a project without risk; they can only select a project with the lowest possible risk level among existing EB-5 projects. The root of these two major risks comes from the projects themselves. Therefore, the fundamental solution to mitigate risks lies in carefully selecting EB-5 projects.
The primary goal of EB-5 investors is to obtain a permanent unconditional green card in the United States, and the key factor is whether the I-829 can be approved. When the U.S. Citizenship and Immigration Services reviews the I-829 documents, the most critical aspect is whether the investor's EB-5 project has created at least 10 full-time job opportunities per person. Clarifying this relationship makes it easy to understand: whether one can obtain a permanent unconditional green card in the United States ultimately hinges on job creation. Analyzing from this perspective, choosing a high-employment-rate EB-5 project means that the I-829 conditions have more robust employment guarantees, which undoubtedly can significantly reduce employment risks in U.S. investment immigration.
So, how can investors identify a project as a high-employment-rate EB-5 project? Below, we will analyze the Pennsylvania Highway Project as an example, which has three major highlights in employment and is a veritable high-employment-rate EB-5 project.
The first highlight is the reliability of the employment calculation method.
How is employment calculated? The method of calculating employment is crucial. The Pennsylvania Highway Project calculates employment using a method developed by a renowned American economist, which uses construction costs to calculate job positions rather than actual hiring, and this method has been approved by the U.S. Citizenship and Immigration Services. In other words, the U.S. Citizenship and Immigration Services has recognized this method of counting jobs and the specific number of jobs created.
The second highlight is the extremely high employment surplus.
According to calculations by authoritative American economists and approval from the U.S. Citizenship and Immigration Services, the Pennsylvania Highway Project can generate a total of 5,368 jobs. After deducting the 1,000 jobs used for the first phase's 100 slots, there are currently 4,368 jobs available in the second phase. These 4,368 jobs are evenly distributed among 100 investors, creating 43.68 jobs per EB-5 investor, which is 4.368 times the standard set by the EB-5 program. Generally, if the employment surplus is above 30%, it is considered reliable. A surplus of 4.368 times is exceptionally rare.
The third highlight is that jobs created three years in advance can be counted for EB-5 investors.
In typical EB-5 projects, investment is made first, followed by a waiting period for the project to commence, during which job creation is anticipated. However, the Pennsylvania Highway Project has been underway since 2012, meaning it has already created three years' worth of jobs in advance, which are now waiting to be allocated to the second phase of EB-5 investors. Additionally, the project duration extends until 2018, providing ample assurance for job calculations for investors.
Currently, the second phase of the Pennsylvania Highway Project, exclusively represented by WorldWay Immigration, has created a rare situation of near-sellout in China. This is not only because it is a government project with an A+ credit rating as the borrowing entity but also because it is a high-employment-rate project with a 4.368 times employment surplus that has been approved by the U.S. Citizenship and Immigration Services. Such a high employment surplus and job security can minimize the employment risks associated with the I-829 conditions, making it a rare opportunity in the EB-5 market.
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