On November 16, 2012, Mr. Brian Su, Chairman of the ImmiGroup/EB-5 Investors Magazine US-China Market Committee, led a 17-member US EB-5 delegation—comprised of regional center representatives, project sponsors, and renowned attorneys—to visit the new Shanghai office of the Worldway Immigration Agency (www.worldwayhk.com), located in the Lujiazui Financial Center, and hosted a US EB-5 investment seminar. This visit by such a large-scale EB-5 delegation to a Chinese immigration agency is the first of its kind in the domestic market.
The US EB-5 delegation first toured Worldway’s Shanghai office and offered their congratulations on our relocation, praising the Shanghai office for its industry-leading supporting facilities, user-friendly design, and comprehensive services. As the only immigration agency resident in the Lujiazui Financial Center, Worldway’s leading position in the industry was clearly highlighted.
During the seminar, Dr. Winner Xing, President of Worldway Group, welcomed the visiting US EB-5 delegation and delivered an insightful speech. Dr. Winner Xing reviewed the development history of the US EB-5 program in China: when EB-5 first entered the Chinese market in 2007, investors had very few project options. 2009 was a watershed year for the Chinese investment immigration market as numerous EB-5 projects began to enter China. Worldway took the lead in proposing that the EB-5 industry had entered the "Era of Selected Projects" and identified two major risks in selecting EB-5 projects: principal risk and employment risk. A successful EB-5 project entering China must undergo two levels of selection: selection by the immigration agency and selection by the investor.
Mr. Brian Su, Chairman of the US-China Market Committee for EB-5, expressed full affirmation of the immense achievements made by Worldway Group under the leadership of Dr. Winner Xing in the field of US investment immigration, and extended his heartfelt gratitude for the positive role Worldway has played in promoting US EB-5 projects in China. Mr. Su stated that through years of cooperation with Worldway, he fully appreciates that Worldway always prioritizes client interests and is a professional, honest, and responsible company that remains highly accountable to its clients. For US EB-5 projects to be successfully promoted in China, partnerships with professional, experienced, rigorous, and attentive investment immigration agencies like Worldway are essential. Subsequently, the accompanying US attorneys provided detailed analyses on various issues of current industry concern.
Representatives from various regional centers provided detailed introductions of the EB-5 projects they promote to Worldway’s project experts and conducted in-depth discussions regarding project specifics. Preliminary cooperation intentions were reached for many projects on that very day. The regional centers extended a warm invitation for Worldway to conduct on-site inspections of the projects in the United States. On behalf of Worldway, President Dr. Winner Xing graciously accepted the invitation and indicated that a project inspection team would be dispatched to the United States for on-site visits in the near future.
Worldway has established business relationships with over 100 regional centers in the United States. This visit by the distinguished US EB-5 delegation to Worldway’s Shanghai office has strengthened mutual business communication and served as an important prelude and preparation for Worldway’s next round of project inspections in the United States. Worldway will soon be conducting on-site visits to these projects to select them with great care, and a new batch of high-quality EB-5 projects will be launched soon. Please stay tuned!
