Recently, Worldway Immigration Group exclusively and authoritatively released the "Top 10 Immigration Events of 2017," which attracted widespread attention from domestic and international media and the industry. Among them, the advancement of EB-5 Regional Center Program reform by the U.S. Congress and USCIS was successfully selected as one of the "Top 10 Immigration Events of 2017."
The U.S. Congress and USCIS have been committed to the reform of the EB-5 Regional Center Program from both legislative and administrative levels. Since April 2017, when Senate Judiciary Committee Chairman Grassley and Senate Appropriations Committee Chairman Leahy jointly introduced the "American Job Creation and Investment Promotion Reform Act of 2017" (draft), Senate Judiciary Committee Chairman Grassley, in October 2017, joined House Judiciary Committee Chairman Goodlatte to propose the "new, best, and final proposal" (the "2G" proposal), which further revised the original draft bill. These drafts and proposals have greatly pushed forward the progress of the EB-5 bill reform in Congress, and the reform of the EB-5 Regional Center Program by the U.S. Congress is imminent. It is expected that the provision for reserved visa quotas for "Urban Priority Investment Areas" and "Rural Areas" will be retained in the final EB-5 bill.
At the same time, USCIS has also strengthened the reform of EB-5 administrative rules. In January 2017, the U.S. Department of Homeland Security (DHS) officially announced the administrative reform plan for the "EB-5 Regional Center Program"; in June 2017, USCIS released an update to the "Policy Manual"; and in December 2017, USCIS moved the "final action date" for the EB-5 administrative reform plan forward from April 2018 to February 2018.
Under the pressure of the extremely stringent USCIS administrative reform plan, Congress may accelerate the reform process of the EB-5 bill. The reform of the EB-5 Regional Center Program is nearing its end, and the introduction of a new bill is just around the corner!
It can be seen that for investors, it is a wise move to break away from the current wait-and-see attitude, choose a professional company and high-quality project as soon as possible, apply promptly, and seize the current opportunity.
Regarding project selection, investors should apply for EB-5 projects that qualify for reserved visa quotas, which are expected to shorten waiting times and lead to faster green card acquisition, potentially making them the first beneficiaries after the reform.
Currently, such projects are very rare in the market. The 9th Avenue Manhattan Luxury Boutique Hotel project, exclusively represented by Worldway Immigration Group in Greater China, is the first project in Manhattan that meets the definition of an "Urban Priority Investment Area." It is expected to shorten waiting times, and the project's data is excellent, greatly assisting investors in obtaining permanent green cards and the repayment of investment funds, thereby fully protecting the interests of investors.
Project Advantages
● The first EB-5 project in Manhattan that meets the "Urban Priority Investment Area" definition in the draft bill, with the potential to be exempt from visa backlogs
● A rare EB-5 project in the market with first-priority repayment in Manhattan
● High developer equity investment ratio and low debt ratio
● The LTC (Loan-to-Cost) ratio at the maturity of the EB-5 loan is only 26%, with extremely strong project refinancing capability
● Sufficient job creation and completion guarantee
● Project construction has commenced, and some jobs have already been created
● Adheres to industry-leading high compliance standards to ensure highly transparent supervision and use of EB-5 funds
● Refund guarantee provided by a wholly-owned subsidiary of the developer if the investor's I-526 is denied
● Superior geographical location with strong market demand
● Top-tier developer DLJ joins forces with EB-5, and Worldway Immigration partners again after the Four Seasons Hotel and Resort project, a powerful collaboration
The 9th Avenue Manhattan Luxury Boutique Hotel EB-5 project has been highly sought after by investors since its launch, sparking a wave of U.S. investment immigration. Currently, project quotas are tight, and interested investors should seize the opportunity! From January 13th to 14th, the project will hold purchase events in several cities including Beijing, Shanghai, Shenzhen, Qingdao, and Guangzhou. At that time, project developers, authoritative EB-5 lawyers, and senior U.S. executives will be present to provide investors with first-hand project information and the investment value of projects expected to shorten waiting times. Please book your participation and grab the rare spots! VIP reservation hotline: 400-138-2929.