Recently, Charles E. Grassley, Chairman of the U.S. Senate Judiciary Committee, along with senior Senator Patrick J. Leahy, jointly proposed the 2015 U.S. EB-5 Investment Immigration Reform Proposal. This proposal, which includes a price increase, has immediately caused a "quake" among domestic immigration intermediaries and investors.What signals does the new EB-5 reform policy actually release? In the face of the "last train effect" brought about by the price increase, how should investors respond rationally? Shenzhen Business News specifically interviewed Hu Kairu, General Manager of Worldway Group Shenzhen.
"The price increase for EB-5 is already inevitable, with the minimum investment amount rising from $500,000 to $800,000, which means that the threshold for U.S. investment immigration has been significantly raised. However, this tightening is not only reflected in the price but also in the time, source of funds explanation, employment calculation, review mechanism, regulatory intensity, and penalty mechanisms. Overall, the standards are higher and stricter."Hu Kairu, General Manager of Worldway Group Shenzhen, stated in an interview with Shenzhen Business News that especially at the time when the U.S. investment immigration first experiences a backlog in 26 years, the reforms following the new policy 930 may proceed in the direction of "more expensive and higher standards." Overall, the new EB-5 reform policy may enter an era of "comprehensive tightening."
In the face of the fierce new EB-5 policy, how should investors respond rationally?Ms. Hu Kairu, General Manager of Worldway Immigration Group Shenzhen, pointed out in an interview with Shenzhen Business News: Given the current surge in applications, investors should be more cautious in choosing professional immigration intermediary companies to ensure that they can submit applications with quality and quantity before September 30. Since the two major risks of U.S. investment immigration come from the projects themselves, carefully selecting projects is more important than blindly applying.Choosing I-924 pre-approved projects not only avoids the impact of the price increase from the new policy 930 but also reduces the review time for I-526. Additionally, whether the conditions for the permanent green card I-829 application are met smoothly also depends on whether the project can create sufficient employment.
Worldway is launching three major projects at the first U.S. Immigration Month. Fortunately, these three projects have already received pre-approval from the U.S. Immigration Bureau for I-924, thus they are not affected by the new price increase policy 930, making them truly the best projects to seize the opportunity before the price increase. Of course, these three projects also have their own unique advantages:
[Pennsylvania Turnpike Project Phase III] The borrower and repayment source is the Pennsylvania Turnpike Commission, a state government agency with an A+ credit rating. The project is owned and operated by the Pennsylvania state government, which has the power to set its own pricing and tolls, thus ensuring good cash flow and revenue stability. Importantly, the projected number of jobs created is 3.368 times the requirement set by the Immigration Bureau, providing ample security for investors' repayments.
[DLJ Four Seasons Hotel Resort Project] Managed by DLJ, known as the "trillion-dollar real estate fund," which has collaborated with domestic real estate developers such as Greentown, R&F Properties, and Oceanwide Holdings to invest and develop 13 projects with a total market value exceeding $1.3 billion. The projected number of jobs is 1.4 times the requirement set by the U.S. Immigration Bureau, and EB-5 funds have the first priority mortgage on the project assets, ensuring that investors enjoy first-priority repayment. Additionally, the project provides two repayment reserve accounts for repayment.
[New York Liberty Garden Luxury Apartment Project] This project has a high net asset guarantee of 14.5 times, and the developer, Lightstone Group, is one of the most successful private real estate developers in the United States. The founder of the developer provides a personal asset guarantee of 11.7 times. There is also over 2.8 times equity collateral.
Finally, Worldway immigration experts remind: We are currently in the last critical period to seize the opportunity before the U.S. investment immigration price increase. Prompt application will undoubtedly seize the initiative. Currently, it is also the special discount period of Worldway's first U.S. Immigration Month, and the opportunity to seize the three high-quality projects for fast immigration to the U.S. should not be missed! Don't miss the special discounts of Worldway's first U.S. Immigration Month. For more details, please call: 400-138-2929
