While China’s rapid development has improved the lives of many Chinese, and made a substantial amount of individuals rich, many of the wealthiest citizens are heading overseas. This rush to put money into Western nations rather than China is leaving economists and social experts suspect of the effects it will...
The majority of emigrants become “investment immigrants,” using programs developed by other nations to boost local economies. Examples include the United States’ EB5 Immigrant Investor program, which offers green cards in exchange for investments of $500,000 or $1M. From 2007 to 2011, Chinese applications for the US EB5 visa program have increased 100%. Furthermore, the...
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...
The U.S. government is working to provide easy access to information for foreigners who want to start a business in the country and understand the immigration system. The recent endeavors of the government follow a drop in the national unemployment rate, a drop in foreclosures in the market and an...
While loans in the U.S. are still tough to come by, more and more real estate developers are relying on the EB-5 Immigrant Investor Program to help finance projects. The program, developed in 1990, has seen a steady increase in investors and utilisers over the past decade – and a...
South Florida real estate is selling fast, and well, according to October reports claiming the sales of single-family homes spiked 41.9 percent in Miami-Dade from a year earlier. Amid a tightening inventory of real estate, the number of home sales in the county October 2012 rose to 1,142 units while...
Fixed mortgage rates in the United States moved slightly lower the first week of November, continuing to remain near their all-time low levels amid signs of a growing economy and low inflation. As EB5 regional center investors continue to flock to the U.S., the housing market continues to grow in their favor. “Mortgage rates...
Growing concerns about corruption, inequality and food safety are coming to light in China, according to a recent Pew Research Center study. As the country prepares for its leadership change, the Chinese people are beginning to voice their opinions and concerns on the side effects of rapid economic growth. The Chinese have traditionally rated...
Real estate investors are setting their sights on Miami Beach, just in time to capture part of the market’s resurgent tourism industry. The limited supply of hotel properties on Miami Beach has caused rush for investors to get their money in while there is still room. Most of the beachfront or...
Private bankers are beginning to help wealthy Asians find investment and short-term residences overseas, according to recent reports from the International Herald Tribune. The wealth management divisions of banks have entered the business of setting up short-term revolving loans for property purchases. Typically five years in length, the loans are...