July 16th, 17th, and 23rd, Worldway Immigration held seminars for Phase 2 of the U.S. EB-5 South Dakota Turkey Processing Project in Shenzhen, Qingdao, and Beijing, respectively. The two keynote speakers, Maurice Berez, Senior Consultant for Immigration Investment Projects at the South Dakota Regional Center, and U.S. immigration attorney James Park, introduced the advantages of the 20th project in South Dakota—the Turkey Processing Project—to the attending clients. Given that the project is developed by a regional center directly managed by the U.S. state government and building on the success of the previous 19 projects, clients showed great enthusiasm for this turkey processing project. The venues in all three cities were packed, and clients engaged in active discussions with project representatives, creating a lively atmosphere.
Beijing Seminar Venue
Qingdao Seminar Venue
Why does Worldway Immigration recommend Phase 2 of the Turkey Project? Addressing this question, immigration experts from Worldway Immigration provided an answer to the attending clients, summarized by four major reasons: a successful regional center, experienced immigration attorneys, a mature investment immigration project, and three highlights that make it superior to Phase 1. The South Dakota Regional Center is one of the earliest established regional centers in the U.S., affiliated with a government agency and directly managed by the State Department of Economic Development, with 7 years of successful operation. Relying on government advantages, the project team ensures the normal operation of the project. To date, they have completed the development of 19 EB-5 projects, and the number of people who have successfully applied for U.S. investment immigration through this regional center accounts for 15% of the total number of EB-5 investors in the U.S. The Hanul law firm, responsible for this project, has handled over 750 client applications. The improvement in the quality and quantity of collateral for Phase 2 is also a strong guarantee of the project's success. In this regard, Worldway Immigration experts presented a certificate issued by the SBS law firm at the seminar, indicating that the project has obtained collateral with a market value of over $400 million, with a collateral ratio as high as 8.7 times.
Clients Consulting On-site
Mr. Maurice Berez, Senior Consultant for Immigration Investment Projects from South Dakota, provided a detailed introduction to the project advantages of this South Dakota Turkey Processing Project. The four major advantages ensuring the project's success are: the project can operate even without EB-5 funding; the state government's goal is to create jobs rather than generate profit; before developing all EB-5 projects in South Dakota, the government considers the long-term stimulus to the state economy; and strong investment return guarantees. Because the South Dakota Regional Center is a government-managed regional center, the state government will heavily invest in local advantageous projects, and the loan ratio from EB-5 investors accounts for only a small portion of the project's total investment cost. The smaller the loan ratio, the lower the risk borne by investors. The project partner, Dakota Provisions, is one of the largest chicken and pork suppliers in the U.S., and large chain supermarkets like Walmart have always been its main supply channels, ensuring the project's profitability.
As the 20th project in South Dakota, the South Dakota Turkey Processing Project has been highly sought after by Chinese investors since its promotion. Recently, South Dakota state government official Kim Easland personally wrote a letter of commendation to the project manager, Mr. Joop Bollen, recognizing his tremendous contributions to South Dakota's EB-5 projects while affirming the significant benefits and current success of this turkey project. For a company with the ability to repay loans like Dakota Provisions, Kim, on behalf of the state government, expressed a willingness to maintain long-term cooperation to jointly promote the economic development of South Dakota.
