“American investment immigration will become the new hotspot for immigration next year.” A senior immigration expert in the industry predicted in an interview: next year will be the "Year of America" for investment immigration.
The immigration expert stated that since 2009, American investment immigration has begun to heat up rapidly, with the number of Chinese applicants for investment immigration to the United States increasing several times compared to 2008. In the past, it took several months to sell out an investment project in China, but this year the situation has changed significantly; a project with over 200 spots was snapped up in just two to three months.
What is causing the surge in Chinese applications for American investment immigration? The immigration expert believes that the primary reason is the gradual recovery of the Chinese economy. Since the beginning of this year, the Chinese stock market has outperformed the global market, rising from 1,500 points to 3,500 points, creating a wealth effect that has fueled interest in American investment immigration.
Additionally, the investment amount for the EB-5 Economic Zone project in the United States is only $500,000, which is relatively low. Some have calculated that instead of sending their children to study in the United States, it is better to choose immigration, as the benefits of immigration are greater: free primary and secondary education, and easier access to prestigious American universities compared to international students. The immigration expert noted that Chinese people have always valued education, and the quality of education in the United States is world-leading, with about 50 of the top 100 universities in the world located in the United States. With immigrant status, students can gain admission to prestigious universities with an SAT score of over 1,000, while international students need an SAT score of 1,500. Furthermore, the Obama administration announced on October 29 that the EB-5 Economic Zone project would be extended for three years, allowing this advantage of the United States to continue.
Moreover, another advantage of the American investment immigration project is the fast application approval speed. The immigration expert mentioned that some clients received approval just 19 days after submitting their application, and the total time from application to obtaining the immigration visa was less than three months. “On average, the time from application submission to obtaining the immigration visa and timely landing in the United States to receive the green card is about five months, which is much faster than Canadian immigration.” With the U.S. immigration authorities transitioning from mailing files to electronic file processing, the approval speed has been increasing.
The immigration expert pointed out that with the dust settling on the three-year extension of the EB-5 Economic Zone project, the policy has alleviated investors' concerns. At the same time, more and more projects will be introduced to China, providing Chinese investors with more choices.
