CanAm: More Hong Kong residents favoring EB-5 visa to immigrate to the U.S.
HONG KONG, CHINA – Media OutReach – June 24, 2020 – Amid
a recent increase in immigration enquiries in Hong Kong, the U.S. EB-5
Immigrant Investor Program has seen growing popularity. The EB-5 visa,
administered by the U.S. Citizenship and Immigration Services (USCIS), offers a
path to obtaining lawful permanent resident status in the US (Green Card)
through direct investment.
According to Charles Oppenheim,
Chief of the Visa Control and Reporting Division, U.S. Department of
State, with significant number of unused family-based visas in FY2020,
more than 14,200 EB-5 visas will be available for distribution in 2021.
The Department of State treats Hong Kong (and Macau and Taiwan) as a separate
foreign territory from mainland China for the purposes of immigration visa
quotas. Thus, foreign nationals who are born in Hong Kong are not charged under
the mainland China visa categories.
“We are pleased to offer U.S.
immigration opportunities to Hong Kong investors via renowned local partners,”
said Tom Rosenfeld, President and CEO of CanAm Enterprises, a leading EB-5
regional center operator. “CanAm Enterprises’ EB-5 investment track record is
unmatched. More than 5,000 investor-families have come to CanAm to obtain
permanent green cards through the U.S. Immigrant Investor Program. By the end
of this year, we will have repaid $1.7 billion in EB-5 capital from our
investors, more than the rest of the industry combined,” added Rosenfeld.
The U.S. remains a popular
destination for immigration due to matching salary packages, living standards,
and quality of education. Compared to other paths to citizenship, the EB-5 is
attractive for investors due to its more relaxed education or language
requirements, not requiring employment or family sponsorship, reasonable
residency requirements, only requiring a passive investment, and more. The
minimum investment required under the EB-5 Program is US$900,000 in high
unemployment or rural areas and US$1,800,000 outside those areas. The process
will take approximately 24 months for a conditional Green Card, and another 21
to 45 months for a permanent Green Card.
Belinda Chan, Managing Partner
of CCGi: “As local partner of Global Migration Solutions, a premier migration
advisory with 15 years of expertise in migration industry, we are happy to
bring valuable, trust-worthy and direct migration options to our clients in
Hong Kong. Backed by our experience with both middle-class and high-net-worth
profile of clients locally, we have confident that EB-5 investment options
offered by CanAm fit perfectly into requirements of local clients.”
“The U.S remains one of
the top migration destinations for Hongkongers who have an American dream to
enjoy their family life with top quality education for their children, given
that the U.S. has the best universities in the world. The EB-5 Immigrant
Investor Regional Centers program is one of the best pathways by which the main
applicant and their family members get permanent residence through an
investment of minimum US$900,000 into a Regional Center. There is no age limit,
English language and qualification requirement for the main applicant.”
said John Hu, Founder and Principal Consultant of the award-winning immigration
firm in Hong Kong.
CanAm helps Hongkongers achieve their path to citizenship
by offering a “full service” support and management role in going through
EB-5’s six step process, with the track record, financial infrastructure and
legal expertise to offer full regulatory compliance and investment security.
CanAm is uniquely positioned as a bridge between qualifying projects and
accredited investors, with a responsibility to both — as such, investors trust
that CanAm is also invested in the success of every investment.
a Registered Regional Centre licensed by USCIS is important, CanAm is one of
the top choices in Asia
CanAm has 30 years of experience exclusively promoting
and administering private and government immigration-linked investment funds,
with a known track record in assisting with immigration. CanAm leads the EB-5 industry
in capital repaid to investors, having raised nearly US $3 billion of
EB-5 capital for 60 projects. By the end of 2020, US $1.7
billion in EB-5 capital from 3,400 investor-families will have
repaid by CanAm’s 45 EB-5 projects. Over 2,300 investor families achieved
their permanent resident status in the U.S. through CanAm’s EB-5
projects (7,200+ permanent green card issued to CanAm’s Investors
and their families).
is the only EB-5 Regional Center with a fully audited track record.
It is the first EB-5 Regional Center to have its own regulated
FINRA-registered Broker-Dealer to ensure full regulatory
compliance. A third-party escrow bank is also set up for
each investment project to safeguard the investment funds. Headquartered in
Manhattan, New York, CanAm has local representatives in Beijing,
Shanghai, New Delhi, Ho Chi Minh City, Singapore, Hong Kong and Dubai.
News Source: MediaOutreach