Full Interpretation of Immigration Trends: Consider the Opportunity Presented by the “Act” Second Extension
Applicants who have long followed U.S. investment immigration are generally aware that the current U.S. Regional Center Investment Immigration Act was revised in 2003. This Act primarily aims to attract global investors to invest $500,000 in designated U.S. regional centers, providing investors and their families the opportunity to obtain a U.S. Green Card in about one year. It is reported that the Act was valid until September 30, 2008. However, on October 6, 2008, the U.S. Congress extended the Act for the first time until March 6, 2009; upon its subsequent expiration, the Act was extended again until September 30, 2009.
Immigration experts believe that the second extension of the Act once again demonstrates the U.S. government's welcome toward investment immigration. Furthermore, experts speculate that the Obama administration is considering whether to convert the EB-5 investment immigration program into a permanent law before the current Act expires on September 30 of this year. Experts predict that once passed, the United States will certainly become one of the top choices for investment immigration applicants. It is reported that to increase investor confidence, the Los Angeles Film Industry Special Economic Zone has launched a loan program for Time Warner, the world's second-largest media and film group. The investment funds will be used by Time Warner for film production in the Los Angeles area. At the same time, Time Warner has provided an unconditional guarantee for repayment. Benefiting from the strong financial strength of the borrowing company, many investors are currently considering this program.
