On November 8 and 9, Mr. Mike Fitzpatrick, U.S. Congressman, along with Mr. Pat Deon, Chairman of the Pennsylvania Turnpike Commission, Mr. Young, Director of the Regional Center, and Mr. Joseph, President of the Regional Center, visited Worldway Capital's Beijing and Shanghai offices, where they engaged in in-depth discussions with Dr. Winner Xing, President of Worldway Capital, regarding the U.S. EB-5 investment immigration program. Mr. Mike Fitzpatrick, just a day after successfully being re-elected on November 4, made a special trip to meet with Worldway Capital to jointly promote the Pennsylvania Turnpike project, highlighting the importance of the U.S. EB-5 investment immigration program and recognizing the significant contributions made by Worldway Capital in promoting the U.S. EB-5 program, adhering to the spirit of "selecting quality projects," conducting on-site inspections, and fostering the healthy development of EB-5 in China.
Mr. Mike Fitzpatrick, U.S. Congressman, Visits Worldway Capital Beijing Office
Mr. Mike Fitzpatrick, U.S. Congressman, Visits Worldway Capital Shanghai Office
Mr. Mike Fitzpatrick, U.S. Congressman, places great importance on immigration issues. This visit to Worldway Capital marks the first time in 25 years since the enactment of the EB-5 legislation that a U.S. Congressman has visited a Chinese immigration agency. During the discussions, Congressman Mike Fitzpatrick stated that during the two-day itinerary in Beijing and Shanghai, they participated in Worldway Capital's project briefing and visited the Beijing and Shanghai offices, witnessing the responsible work ethic and strong capabilities of Worldway Capital. He expressed satisfaction in entrusting the promotion of the Pennsylvania Turnpike project, which is related to U.S. national interests, to Worldway Capital. The Pennsylvania Turnpike project is funded through the U.S. EB-5 investment immigration program to improve municipal construction at various levels of government in the U.S., benefiting local economic development, and aligns with the legislative purpose of the U.S. EB-5 program, which Congress should continue to support vigorously.
During the discussions, Dr. Winner Xing, President of Worldway Capital, introduced Congressman Mike Fitzpatrick to the three major documentation centers of Worldway Capital, which strictly review all client documents in accordance with EB-5 program requirements, ensuring that each client's investment funds have a legitimate source, and that all transfers comply with Chinese foreign exchange regulations. He also highlighted the importance of Chinese outbound investment in facilitating economic exchanges between China and the United States.
In a relaxed and pleasant discussion, Dr. Winner Xing also introduced the growth and development of Worldway Capital, as well as the current market situation and prospects for Chinese applicants in the EB-5 program. Congressman Mike Fitzpatrick attentively listened to Dr. Winner Xing's presentation and highly praised Worldway Capital's efforts in promoting U.S. EB-5 investment immigration in China since 2006.