11 Dec Chinese Interest in EB-5 Immigrant Investor Program Expected to Grow
In March of next year, the son of a Communist revolutionary general, Xi Jinping, will take over China’s presidency. According to recent reports from NBC, the recently-named General Secretary of the Communist party was not welcomed with mass celebration. Rather, there remains a general consensus of disappointment among Chinese citizens about the government changes.
The NBC report noted that many of the Chinese population had hoped that the recently held congress would result in a renewed period of change and liberalism. This disappointment paired with the existing worries and concerns over the current state of affairs and government practices, as noted by the recent Pew Research Center study, will likely lead to an influx in individuals trying to leave China.
Because of these recent drops in approval of Chinese government and culture, and the re-election of Barak Obama, the US Citizenship and Immigration Service expects a larger increase in Chines individuals applying for American visas through the EB-5 Immigrant Investor program than was noted last year.
Chinese investors make up the largest group of EB-5 holders, with 77% of overall petitions filled, according to USCIS reports. Even a small increase in 2013 will result in increased competition for approval.
The U.S. immigration and visa allocation system allots a limited amount of visas for the program. Due to the fast-growing popularity of the program, it is important to obtain the services of a reputable and results-driven EB-5 Regional Center if you are attempting to apply.
The U.S. Immigration Fund has received full approval as a designated regional center by the United States Citizenship and Immigration Services (USCIS), this highly-anticipated initiative has been garnering great interest worldwide for the wealth of development opportunities in the prime paradise of Florida.
Located in a dynamic tropical destination famed for its business and its beaches, the U.S. Immigration Fund provides worthwhile opportunities for foreign investors and their families to obtain permanent U.S. residency through the EB-5 Visa Program.
For more information about U.S. Immigration Fund, and to schedule a consult, call +001.561.799.1883 or register to request additional information by visiting the USIF website.