In May 9 to 7, 2014, the 7th Overseas Property Investment Immigration Exhibition was successfully held at the Shanghai Guangda Exhibition Center. As a representative benchmark enterprise in the investment immigration industry, Worldway showcased eight major investment immigration projects from the United States, Hong Kong, Spain, Portugal, Greece, Cyprus, Saint Kitts and Nevis, and Antigua and Barbuda, attracting attention from major news media and a wide range of investors.
This exhibition followed the announcement in late August that the U.S. EB-5 investment immigration program had officially exhausted its quota for the fiscal year 2014, making it the first industry exhibition since the announcement, which attracted many exhibitors and investors. As a leading organization in domestic investment and property immigration, Worldway set up the largest booth at this exhibition, showcasing advantageous investment immigration projects such as those from the United States, Hong Kong, Europe, and Commonwealth passports. Experienced Worldway immigration consultants provided one-on-one answers to immigration questions and tailored immigration plans for clients.
During the three-day exhibition, Worldway's booth was continuously busy, with many clients still consulting even after the exhibition hall began playing closing music. To better reward the investors who attended the exhibition, Worldway arranged multiple seminars, including topics such as "Central Business District of Saint Kitts and Nevis," "Brooklyn Free Garden Apartments in New York," and property recommendations in Greece and Portugal. Worldway invited project partners and developers to collaborate with senior consultants to provide in-depth introductions to investors interested in overseas property and investment immigration.
The backlog of the U.S. investment immigration EB-5 visa has led to a significant increase in the number of investors interested in immigrating to the United States; at the same time, the depreciation of the Euro has created a rare opportunity for investment in European real estate. Stimulated by these two major news items, investors at this overseas property exhibition showed great enthusiasm for investment. Worldway has consistently emphasized professionalism, responsibility to clients, and a leading attitude in the industry, and after strict selection, introduced truly excellent projects to clients—namely, the luxury apartment project in Brooklyn and the Pennsylvania Turnpike project.
The developer of the luxury apartment project in Brooklyn, Lightstone, provided on-site introductions and answers to clients during the exhibition. Many clients expressed that Worldway's arrangement made them feel very considerate and thoughtful. The Pennsylvania Turnpike project also attracted investors' attention with its multiple advantages. The Pennsylvania Turnpike project has received pre-approval from the U.S. Citizenship and Immigration Services and has already commenced construction, with completion expected in 2018.
The Pennsylvania Turnpike is a key highway connection project in the United States, jointly funded by the federal and state governments. This is a government-funded, constructed, and operated project, with the Pennsylvania Turnpike Commission borrowing from the EB-5 program with unconditional repayment. The borrower, the Pennsylvania Turnpike Commission, is the largest government bond issuer in Pennsylvania, with a credit rating of A+, maintaining a high credit rating and a strong reputation in the U.S. capital markets. Renowned economist Michael K. Evans is responsible for the economic analysis report of the project, and the chair of the American Immigration Lawyers Association EB-5 Committee, Ronald Klasko, provides professional assurance for investors to successfully obtain approval for their applications. The project has a job multiplier of up to 5.3 times, and the job positions have been approved by the immigration bureau.
The participation of Worldway's Shanghai office in the exhibition has attracted widespread media attention, including mainstream media such as First Financial and Dragon TV, which conducted exclusive interviews with Worldway Shanghai's General Manager, Linda, to discuss current hot topics in investment immigration.
