In the 1990s, the TV series "A Beijing Native in New York" became a nationwide sensation, realistically reflecting the fervor of Chinese people at the time to obtain a U.S. Green Card. For a long time thereafter, the difficulty of immigrating to the United States increased day by day, especially after the "9/11" incident, when U.S. Green Cards became rare and highly sought-after commodities. However, a once-in-a-century financial crisis has caused the United States to open its immigration doors wide to wealthy individuals from mainland China.
U.S. Investment Environment: What is Needed Most is Capital
"Before this financial crisis, the United States was not short of money, nor did it place much value on the wealth brought by foreign investors; what the U.S. valued most was talent." Sun Lijian, Vice Dean of the School of Economics at Fudan University, pointed out in an interview with the "International Finance News": "This financial crisis has clearly caused the U.S. government to begin changing its immigration policy, because what the U.S. currently lacks most is capital."
Sun Lijian stated: "Relaxing immigration thresholds to allow wealthy individuals from mainland China to enter the U.S. will clearly and effectively promote local consumption. Moreover, investment immigration will also, to a certain extent, alleviate the employment pressure in the United States."
Domestic Wealthy Individuals Choose to Immigrate to the U.S.
In the past, when the U.S. Consulate General in Guangzhou reviewed such visas, it always maintained a very cautious and skeptical attitude. However, the attitude of the Guangzhou Consulate has now relaxed, focusing only on whether the applicant has a criminal record or has engaged in anti-American terrorist activities.
For those few wealthy individuals, on one hand, there is a lack of an environment for high-end consumption domestically; on the other hand, due to a lack of investment channels, they naturally set their sights abroad. Immigrating to the U.S. is equivalent to expanding their business globally.
Sun Lijian pointed out: "Educational investment is also a major factor for wealthy Chinese people immigrating to the U.S. Among the top 400 universities globally, China only has Peking University, Tsinghua University, and Zhejiang University on the list. The U.S. education industry is the most advanced in the world, so wealthy individuals send their children to the U.S. and then pursue investment immigration. The U.S. is also keeping a close eye on the infinite potential of the Chinese education industry investment sector."
However, the open attitude of the U.S. government may also bring significant negative impacts to China. The smooth flow of investment immigration channels may lead to some illicit funds flowing from domestic to overseas through these channels, becoming a conduit for money laundering, which will greatly increase China's financial regulatory costs.
U.S. Investment Immigration Focuses on Project Selection
Worldway Immigration recently took the lead in launching the Los Angeles Core Area Bank Comprehensive Loan Program, which belongs to the U.S. EB-5 investment immigration project category, attracting the attention of many U.S. investment immigration applicants.
The project is located in the 34th Congressional District of Los Angeles. Wilshire State Bank, a local U.S. publicly listed bank located in downtown Los Angeles, has selected 7 industrial clusters in the 34th Congressional District, encompassing over 7,000 high-quality commercial enterprises as targets for significant investment. It pioneered a joint investment model with a publicly listed bank and possesses four major advantages: an excellent location, lower investment capital, no need to consider employment, lower investment risk, and a professional dual-attorney system.
Since its grand launch at the end of 2009, the project has been enthusiastically sought after by domestic investors. Currently, many investors with the intention of applying for U.S. investment immigration have unhesitatingly chosen the Los Angeles Core Area Bank Comprehensive Loan Program.
As the global economic trend warms up, many investors want to catch the last train of the recovery following the global economy's double-dip. Therefore, at the urgent request of many investors, Worldway Immigration will hold the Year of the Tiger Immigration Lecture: Los Angeles Core Area Bank Comprehensive Loan Program Briefing in the budding spring month (March 13 at 2:30 PM). At that time, we will invite Dr. Winner Xing, a senior expert in U.S. investment immigration, to provide an in-depth analysis on how to choose a U.S. investment immigration project. We cordially invite you to attend at the 12th Floor of the Times Fortune Building. You can also call our hotline at 0755-33302888 or visit the project center website at www.worldwayhk.com.