From May 16 to 18, 2017, the EB-5 Investor and Immigrant Expo was held in Beijing. This conference gave a detailed interpretation of the latest trends in the EB-5 industry and discussed various experts involved in the latest industry topics and trends. Many experts have analyzed and discussed the hot topics of EB-5. Wang Qianyu, manager of Immigration Department of Wanguo Land, was invited to attend the expo.
Wang Qianyu, Manager of Immigration Department of Wanguo Land, represented the eb-5 Investment Immigration Expo
The forum guests come from all aspects of the field of overseas real estate. What is very impressive is that in addition to Wanguo Land, three law firms representing the Palm Springs luxury hotel project were invited to participate in the expo and give speeches. They include Ronald klasko, former chairman of the EB5 Committee and longtime general counsel to the President of the United States (and counsel for the eb-5 project at the luxury Palm Springs resort of All Nations), Peng Wei and Li Guohua.
Ronald klasko(second from left), former chairman of the EB5 Committee and longtime General Counsel to the President of the United States
Lawyer David Li of Lee & Lee Law Firm (third from left)
This dinner will discuss the extension and reform of the US EB-5 Act; How the Trump administration's immigration policies will affect the future of EB-5; Scheduling issues for EB-5 applicants in mainland China; And the key to getting on the last EB-5 bus as the 930 deadline approaches. Where is EB-5 going in the Trump Era? What happens to immigrant investors in the United States? How to choose a safe EB-5 project? In this meeting banquet have given the authoritative interpretation!
What is the rate of passage of immigration bill after "930"?
The law firm says that for many years projects have been in big cities, and disputes have centred on the focus of urban versus rural investment. In the past, the rural senators have been rejected by the urban faction, which wants to stop the bill. This year, the two groups have put forward their own bills, and one of them is likely to pass. It is still in the draft stage, although eb5 is of great concern to stakeholders.
Representative of law firm Peng & Wei (first from right. Second from right)
More than 20 years have passed since 1990, and no progress has been made on the EB5 bill. The U.S. legislative process is very complicated. Trump himself is a businessman, his family has worked in the past and still does, and many developers are very keen on financing reform. From its own interests tend to invest in immigration, immigration is the important interests of the rural party. The two forces have also been competing.
On the other hand, the U.S. Congress still has a lot of work to do. It will be in session in July or August. The U.S. health care system, North Korea, tax cuts and other issues are under review in Congress, and it is questionable whether Congress can pass the bill in a short time. As a professional institution dedicated to helping Chinese overseas investment immigration, it has been committed to promoting aspects beneficial to investors, such as increasing the visa quota, maximizing economic influence and raising the minimum investment limit. Investment quotas are indexed to inflation and demonstrate required aspects of job creation, capital management, regional center supervision and compliance.
Wang Qianyu, manager of the immigration Department of Wanguo Land, believes that the immigration bill that is likely to be implemented in the industry is the draft of John Cornyn in the United States Senate. According to his draft, there are some projects that will hardly be affected by the immigration bill. Take the Palm Springs Hotel, which is being sold by Wanguo Land, as an example. The Palm Springs Hotel project is located in Coachella region of California, which is famous for vacation and leisure and has a small population. Based on the current population level, Coachella is eligible for the visa reservation. If the reform act is implemented as it is, the project will fall within the 20% visa reservation clause, which means that investment in this type of project will have the inherent advantages of immigration, and this type of product will have more room for appreciation.
Wanguo Land professional immigration service team and quality projects
As the invited company, Wanguo Land, as the leader of the domestic immigrant investment industry, hires a professional service team to provide high quality services for domestic high net worth clients. Our project attorney is Ronald klasko, former Chairman of the EB5 Committee, long-time General Counsel to the President of the United States, named the Best lawyer in America for 17 consecutive years, the most authoritative immigration attorney in the United States, one of the founders of the American Immigration Bar Association, We also have immigration solicitors, Pang & Way, lee&lee,ps, and the International Land Immigration Department working with our high net worth clients.
After the excellent service team is the star project of Wanguo Land - Palm Springs luxury hotel project.
EB-5 immigrant advantage of the Palm Springs Hotel
The EB-5 immigration benefits of the Palm Springs hotel project are more prominent than those of other programs. Why? We can analyze it from four aspects:
Rendering of the Palm Springs Luxury Hotel project
The Palm Springs hotel project is a direct investment project, almost unaffected by recent rumors of a $500,000 price increase
Recently, there have been rumors that EB-5 price increases would be split into two categories: high unemployment areas and prosperous areas, like New York City. At the same time, the amount of money invested in areas certified as having high unemployment will rise from $500,000 to $1.35 million, and the amount invested in areas certified as prosperous will rise from $500,000 to $1.8 million.
However, the certification of high-unemployment and high-prosperity areas will be handed out by the Immigration Service, rather than by state labor departments. That is to say, there are a large number of immigrant investment projects in the market will face price increases. Meanwhile, it was announced that 20% of visas would be reserved for villages and military bases abandoned within 25 years. Rural definition: outside of a town with a population of more than 20,000 and, on average, less than 100 people per square mile outside a metropolitan area or within an area greater than 100 square miles.
Take the US investment immigrant project - Palm Springs Hotel as an example. The Palm Springs Hotel project is located in Coachella region of California, which is famous for vacation and leisure and has a small population. Based on the current population level, Coachella is eligible for the visa reservation. If the reform act is implemented as it is, the project will fall within the 20% visa reservation clause, which means that investment in this type of project will have the inherent advantages of immigration, and this type of product will have more room for appreciation.
The project itself will create 495 jobs, with only 20 investment slots set aside
In the current immigration bill, after the investment of $500,000, there is a requirement to create 10 jobs for two years. The Palm Springs hotel project can create 495 jobs per year, which is enough to meet the needs of 20 investors for 200 jobs per year.
It is the only project that sells EB-5 items for direct revenue
In contrast to other immigrant investment projects in the United States, they are all entered into the project in the form of creditor's rights, which is not only discouraged by the immigration bureau at present, but the income is almost zero. The investors of the Palm Springs project enter the project in the form of preferred stock, which can directly bring profits to the investors. In addition, the Palm Springs hotel project employs top hotel operation managers. Investors can not only get visas but also sit on the profits.
The exit mechanism is safe and reliable
After successfully obtaining a green card, customers can choose a variety of ways to exit safely.
The third phase of the Palm Spring hotel project hot subscription, more about the Palm Spring hotel project investment immigration hurriedly consult the World Land - 400-606-5355
