“Deep government involvement, full-process participation, AAA-rated state credit guarantee, and highly transparent bond financing.” Recently, Worldway Immigration, in collaboration with a U.S. investment immigration regional center, launched the Maryland government office building reconstruction project. Due to its various advantages, the project has been highly sought after by investment immigration clients since its launch. Furthermore, as the exclusive chief agent for this project in China, Worldway Immigration, after in-depth negotiations with project officials, has seen the regional center decide to establish an additional exclusive project account to achieve dual supervision of project funds.
Multiple Project Advantages
The total investment for the U.S. investment immigration Maryland government office building reconstruction project is $230 million, with financing used to rebuild the Maryland government office building to meet the office needs of over 3,500 employees across 16 state government departments. The project involves full-process participation and deep involvement from the government, which provides both funding and support to ensure the project's continuous operation;
According to economists' calculations, the project will create 2,428 jobs, exceeding the requirements of the U.S. Citizenship and Immigration Services (USCIS) by 87%, ensuring that investment immigration clients can successfully remove the conditions on their I-829 green cards;
In addition, of the total investment cost of $230 million, 72% is handled by the well-known U.S. bond issuer CGA. Leveraging its successful experience in issuing over $120 billion in bonds, CGA has committed to completing the $135 million financing within 30-45 days, with any remaining portion to be underwritten by themselves, ensuring that all project funds are in place on schedule and the project is launched smoothly.
Pioneering Dual Account Supervision Ensures Capital Security
The Maryland government office building reconstruction project differs from other U.S. EB-5 projects and is considered the safest investment because, in addition to the project escrow account for the I-526 review process, a special exclusive project account has been added.
In the well-known U.S. EB-5 project application process, after clients submit their application materials to immigration attorneys for review and approval, they must remit their investment funds to the project escrow account. Subsequently, the immigration attorney will submit the client's application materials to the USCIS for review. Once the I-526 is approved, the client's investment funds are transferred from the escrow account to the project party's account. If not approved, the investment funds will be returned to the investor from the escrow account.
The advantage of the dual supervision account in the Maryland government office building reconstruction project is that after the client's application materials are approved by the USCIS, the project's original escrow account used in the I-526 review stage will first remit the client's investment funds to this newly added exclusive project account, rather than directly to the project party's account as in other U.S. EB-5 projects.
This exclusive project account consists of three parts: government funds, bond financing, and EB-5 investment funds. Only when all three parties' funds are in place will the exclusive project account invest the funds into the project. If any party's funds are not in place, the investor has the right to apply for withdrawal of the investment and recovery of funds, avoiding the investment risks faced by early investors if promised funds are not in place and the project is suspended midway.
Furthermore, the exclusive project account transfers funds to the developer in batches according to the project progress, rather than in a lump sum, which also prevents the misappropriation of investment immigration clients' funds. These measures fully ensure the capital security of investment immigration clients.
With its multiple security guarantees, the Maryland government office building reconstruction project has become a rare and popular project in the U.S. immigration market recently. For more information about the project, please follow the Worldway website or call for consultation: 400 0909 899!
【Related Reading】
Worldway Awarded Exclusive Chief Agency for Maryland Government Office Building Project in China
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U.S. Investment Immigration Maryland Government Office Building Reconstruction Project Promotion Held Successfully
http://www.worldwayhk.com/qbzx/news/2431-1.html
