CanAm’s Position as EB-5 Industry Leader Reaffirmed by Independent Audit

EB-5 regional center operator, CanAm Enterprises, continues to build on its track record of approved visas and repayment of capital.

HONG KONG SAR – Media OutReach – 25 March 2021 – CanAm Enterprises (CanAm) has built a
solid reputation for delivering results for its immigrant investor clients over
the past three decades, and for the third time, it has validated those results
with a third-party professional audit of its accumulated track record as of
December 31, 2020. Certified audit results evidence that an overwhelming 99%*
of the USCIS adjudicated immigration petitions have been approved and that
CanAm has repaid more than $1.8 billion to more than 3,600 EB-5
investor-families across all six of its EB-5 Regional Centers.

 “At CanAm, we
understand that an investment into the EB-5 program by each of our investor
families is one of the most important decisions a family can make. We take very
seriously our commitment and responsibility to be a trusted partner to our EB-5
clients and to doing everything we can to ensure their immigration aspirations
and investment goals are achieved,” said CanAm President and CEO Tom Rosenfeld.
“This is especially true now because of the uncertainty and anxiety caused by
the COVID pandemic and its adverse impact on many businesses and personal
investments. We hope that our investor families are reassured by the results of
our recently completed audit, which indicates that, in spite of the economic
hardships and unprecedented challenges caused by the pandemic, during 2020
CanAm repaid 100% and on-time more than $450 million in EB-5 loans from five
(5) unique projects.”

CanAm commissioned an
audit by the internationally recognized accounting firm of PKF O’Connor Davis,
LLP to provide EB-5 investors and industry stakeholders with a credible,
third-party verification of the accuracy and authentication of its EB-5 track
record. PKF performed a comprehensive audit of several thousand CanAm investor
records, cross-referencing USCIS-issued notices, bank statements, and related
financial documents for every CanAm EB-5 investor who had a USCIS adjudication
or scheduled investment repayment. 

 “We are very proud
of CanAm’s leadership role and its ongoing practice of achieving new industry
milestones,” said Mr. Rosenfeld.  “To my knowledge, we have among the best
track records in the EB-5 industry in both petition approval rate and repayment
of capital. A track record like ours does not happen by accident; it is the
result of hard work, attention to detail and a corporate culture that always
puts the interests of our investor families first.”

CanAm strives to provide
full transparency to its EB-5 investor clients. Please contact us if you would like a
copy of the PKF audit results.

*Note: PKF was able to
verify that the denials were unrelated to sponsored projects associated with
CanAm’s Regional Centers.