The United States Becomes the Most Popular Immigration Destination for Hong Kong Residents

Hong Kong media reports: In recent years, a trend of emigration has emerged in society. According to the latest statistics from the Hong Kong Security Bureau, approximately 7,600 Hong Kong residents emigrated abroad last year, higher than the estimated 7,000 in 2015 and 6,900 in 2014, marking a three-year high. The primary countries chosen by Hong Kong residents for emigration are the United States, Australia, and Canada, with the United States receiving the highest number of people.

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Hong Kong media reports: In recent years, a trend of emigration has emerged in society. According to the latest statistics from the Hong Kong Security Bureau, approximately 7,600 Hong Kong residents emigrated abroad last year, higher than the estimated 7,000 in 2015 and 6,900 in 2014, marking a three-year high. The primary countries chosen by Hong Kong residents for emigration are the United States, Australia, and Canada, with the United States receiving the highest number of people.

 

The wave of Hong Kong residents moving to the United States began in the 1960s, and by 2016, this immigrant population grew to 212,000, accounting for 9% of Chinese immigrants in the United States.

 

Data from the Hong Kong Security Bureau shows that 2,800 people emigrated to the United States in 2016, an increase of 33.3% compared to 2,100 in 2015, while there were 2,200 in 2014. The number of people choosing to immigrate to the United States has hit a five-year high.

 

Clearly, the United States has become an extremely popular immigration destination for Hong Kong residents. In fact, the United States has long been a popular major country for immigration worldwide. Compared with most other countries, the United States offers superior advantages in aspects such as education, healthcare, investment, and immigration policy.

 

Investing $500,000 to apply for the U.S. EB-5 investment immigration program is currently the mainstream way for many investors to immigrate to the United States and is well-known among a vast number of investors. The EB-5 investment immigration route has also become the primary path for Hong Kong residents to immigrate to the United States.


The United States Becomes the Most Popular Immigration Destination for Hong Kong Residents

 

According to the annual data for pending EB-5 visas released by the U.S. Department of State as of November 1, 2017, as shown in the image above, Hong Kong ranks third globally in volume. This reflects the demand for EB-5 visas in Hong Kong.

 

So, why is the number of Hong Kong residents immigrating to the United States constantly growing, and why is there an increasing demand for EB-5 visas? Experts from WorldWay Group state: Due to the tightening of H1B visas and the impending end of chain migration, the investment immigration program, or EB-5 visa, has become the preferred choice for Hong Kong residents to immigrate to the United States. At the same time, Hong Kong residents have a huge advantage when applying for the EB-5 visa: as long as one spouse was born in Hong Kong or Macau, they are exempt from waiting periods and can land in the United States immediately upon approval.

 

With these unique advantages, combined with the current low costs and simple requirements for U.S. immigration, it can be said that this is the best time to immigrate to the United States. Investors should seize the opportunity and apply as soon as possible. The current EB-5 investment immigration policy, which requires only a $500,000 investment with a low threshold and high cost-effectiveness, will expire on March 23. Once the optimal investment window is missed, investors will face higher investment amounts and stricter application thresholds.

 

Currently, the WorldWay EB-5 project and the Dallas No. 1 project are EB-5 projects that have received USCIS exemplar approval and have sufficient job creation surplus, providing a great guarantee for investors to obtain permanent green cards. The projects are currently in high demand; for quota inquiries, please call: 400-138-2929

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