{"id":12186,"date":"2021-02-10T09:45:00","date_gmt":"2021-02-10T09:45:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/02\/10\/us-eb-5-programs-independent-route-for-hongkongers-new-biden-administration-makes-immigration-reform-its-top-priority\/"},"modified":"2021-02-10T09:45:00","modified_gmt":"2021-02-10T09:45:00","slug":"us-eb-5-programs-independent-route-for-hongkongers-new-biden-administration-makes-immigration-reform-its-top-priority","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/02\/10\/us-eb-5-programs-independent-route-for-hongkongers-new-biden-administration-makes-immigration-reform-its-top-priority\/","title":{"rendered":"US EB-5 program&#8217;s independent route for Hongkongers \u2013 New Biden administration makes immigration reform its top priority"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p class=\"xmsonormal\">HONG KONG SAR &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211; 10 February 2021 &#8211;\u00a0During the first week of his&#13;<br \/>\npresidency, President Biden has executed six immigration-related executive&#13;<br \/>\norders, including rescinding the Muslim ban, restoring the Deferred Action for&#13;<br \/>\nChildhood Arrivals (DACA) program and halting construction of a U.S.-Mexico&#13;<br \/>\nborder wall. This marks a return to policy where immigrants are welcomed and&#13;<br \/>\nvalued for their contributions to the economy and society. <\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">Even though the Biden administration&#8217;s&#13;<br \/>\nproposed immigration reform bill, <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/01\/20\/fact-sheet-president-biden-sends-immigration-bill-to-congress-as-part-of-his-commitment-to-modernize-our-immigration-system\/\">The U.S. Citizenship Act of 2021<\/a>, doesn&#8217;t&#13;<br \/>\nmention EB-5 specifically, the program and EB-5 investors do stand to benefit from some of the measures in the&#13;<br \/>\nproposed bill, which favor economic growth and employment-based visa categories&#13;<br \/>\nincluding EB-5. These measures aim to clear employment-based visa backlogs, recapture&#13;<br \/>\nunused visas, and reduce lengthy wait\/processing times. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">Over the past 20 years, the EB-5 program has been a very popular pathway among&#13;<br \/>\nChinese communities to obtain green cards by investing in the U.S. The&#13;<br \/>\npopularity has created a more than 10-year wait time for mainland-born investors.&#13;<br \/>\n\u00a0Hongkongers, on the other hand, still&#13;<br \/>\nenjoy a separate immigration line from the mainland investor without the long&#13;<br \/>\nwait, making EB-5 an attractive option. \u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">With a minimum investment of US$900,000, the&#13;<br \/>\nEB-5 program appeals to high net-worth individuals aiming to obtain permanent&#13;<br \/>\nresident status in the U.S. While the Trump administration cracked down on&#13;<br \/>\nimmigration, experts anticipate positive impact on the program with the new Biden&#13;<br \/>\nadministration in charge and President Biden has already pledged to undo many&#13;<br \/>\nof Trump&#8217;s anti-immigration policies. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">The EB-5 visa&#13;<br \/>\nprogram grants investors the opportunity to live and work anywhere in the U.S.&#13;<br \/>\nand allows investors to return to their country of origin for personal or business&#13;<br \/>\npurposes if they maintain U.S. residency. For families looking to educate their&#13;<br \/>\nchildren in the U.S., there are even admission advantages and reduced tuition&#13;<br \/>\ncosts available. &#8220;CanAm has always applied the investor-first mindset when managing&#13;<br \/>\nour investors&#8217; immigration and investment capital,&#8221; said Mr. Tom Rosenfeld, President&#13;<br \/>\nand CEO of CanAm Enterprises. &#8220;We look forward to seeing the Biden&#13;<br \/>\nadministration bringing more positive changes to the program, and CanAm will&#13;<br \/>\ncontinue to provide qualifying projects and top-notch services to our investors&#13;<br \/>\nglobally.&#8221;\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">CanAm&#13;<br \/>\nhas 30 years of experience exclusively promoting and administering&#13;<br \/>\nimmigration-linked investment funds with a proven track record in assisting investors&#13;<br \/>\nachieve their immigration and investment goals. Having\u00a0raised more than US&#13;<br \/>\n$3 billion of EB-5 capital\u00a0for 60 projects, CanAm leads the EB-5 industry&#13;<br \/>\nin capital repaid to investors. As of December 2020,\u00a0more than $1.75&#13;<br \/>\nbillion in EB-5 capital from 45 completed CanAm projects has been successfully repaid&#13;<br \/>\nto 3,500 investors &#8212; representing their full loan amounts. Over 2,300 investor&#13;<br \/>\nfamilies\u00a0have already achieved their permanent resident status\u00a0in the&#13;<br \/>\nU.S. through CanAm&#8217;s EB-5 projects with 7,200+ permanent green card\u00a0issued&#13;<br \/>\nto CanAm&#8217;s Investors and their families.\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">CanAm believes that trust is&#13;<br \/>\nborn out of transparency and provides a\u00a0fully audited immigration and&#13;<br \/>\ninvestment track record to our partners and investors. It is one of the first EB-5&#13;<br \/>\nRegional Centers to establish its\u00a0own FINRA-registered&#13;<br \/>\nBroker-Dealer\u00a0to ensure full regulatory compliance.\u00a0A\u00a0third-party&#13;<br \/>\nescrow bank\u00a0is also set up for each investment project to safeguard the&#13;<br \/>\ninvestment funds.\u00a0Headquartered&#13;<br \/>\nin Manhattan, New York, CanAm has local representatives in Beijing, Shanghai,&#13;<br \/>\nNew Delhi, Ho Chi Minh City, Singapore, Hong Kong and Dubai.\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">&#8220;Despite the turmoil in the&#13;<br \/>\nprevious years, the U.S. remains one of the top migration destinations for&#13;<br \/>\nHongkongers. Key appealing factors are the comparable salary packages, living&#13;<br \/>\nstandard and quality of education. Yet it is crucial to choose a credible&#13;<br \/>\nRegional Center with sound repayment track record to partner with, and it is&#13;<br \/>\nexactly why we choose to represent CanAm for our local clients,&#8221; said Belinda&#13;<br \/>\nChan, Managing Partner of CCGi, local partner of Global Migration Solutions and&#13;<br \/>\nCanAm Enterprises in Hong Kong.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">CanAm&#13;<br \/>\nhelps Hongkongers achieve their path to citizenship by offering a &#8220;full&#13;<br \/>\nservice&#8221; support and management role in going through EB-5&#8217;s six step process,&#13;<br \/>\nwith the track record, financial infrastructure and legal expertise to offer full&#13;<br \/>\nregulatory compliance and investment security. CanAm is uniquely positioned as&#13;<br \/>\na bridge between qualifying projects and accredited investors, and with a&#13;<br \/>\nresponsibility to both, investors trust that CanAm is also invested in the&#13;<br \/>\nsuccess of every investment. The process will take&#13;<br \/>\napproximately 24 months for a conditional Green Card, and another 21 to 45&#13;<br \/>\nmonths for a permanent green card.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\"><b>Upcoming FREE webinar on latest EB-5 program updates:&#13;<br \/>\n<\/b><b\/><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">Date:&#13;<br \/>\n\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 26th&#13;<br \/>\nFebruary 2021 (Friday)<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">Time:&#13;<br \/>\n\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 7pm&#13;<br \/>\nHKT<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p class=\"xmsonormal\">Platform:&#13;<br \/>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Live on Zoom<\/p>\n<p class=\"xmsonormal\"><span style=\"font-size: 1rem\">To register, please sign up with this link: <\/span><a href=\"https:\/\/bit.ly\/3cSOLqm\" target=\"_blank\" title=\"https:\/\/bit.ly\/3csolqm\" style=\"font-size: 1rem\" rel=\"noopener noreferrer\">https:\/\/bit.ly\/3cSOLqm<\/a><\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/release.php\/View\/64869#Contact\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211;\u00a0Media OutReach\u00a0&#8211; 10 February 2021 &#8211;\u00a0During the first week of his&#13; presidency, President Biden has executed six immigration-related executive&#13; orders, including rescinding the Muslim ban, restoring the Deferred Action for&#13; Childhood Arrivals (DACA) program and halting construction of a U.S.-Mexico&#13; border wall. This marks a return to policy where immigrants are welcomed &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/12186"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=12186"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/12186\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=12186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=12186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=12186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}