Monday, May 21, 2018

Quick US green cards are available to Indians — but they're not cheap


(Source: CNBC) Indians are discovering a quick — though super-expensive — way around the long wait for an American permanent residency. Read a good report at https://www.cnbc.com/

Palm Beach attorney accused of EB-5 fraud sells mixed-use property

(Source: The Real Deal) A Palm Beach attorney who federal prosecutors allege was involved in $50 million EB-5 fraud scheme just sold a three-building mixed-use property in Palm Beach for about $4 million. See the story at https://therealdeal.com/

Saturday, May 19, 2018

Chinese EB-5 investors lose patience

Chinese EB-5 investors are losing patience due to long waiting line, a result of retrogression.  The Chinese market has reflected such impatience. The market is very slow, even the large immigration agencies have difficulties of recruiting investors, the rumor is one of the top five leading agencies have decided not to promote EB-5 projects, instead real estate sales will be the key revenue generator.  In some cases, investors demand refund of investment capital, their hired gangsters show up at migration agency's offices to scare company owners and make threats to employees. In some cases, senior executives at migration agencies either flee or hide, and a few people got beaten up. Investors also know how to use Chinese social media such as Wechat groups, weibo mini blogs to attack migration agency and project developers as well as regional centers.  It is also common some investors would hire US attorneys to file lawsuit against regional centers or project developers.

When things get worse, Chinese investor groups would show up at the doorsteps of regional center offices and developers. It may get ugly or even violent. Regional centers should not be surprised if Chinese investors show up at your office or even house one day.

To learn more about Chinese investors market and its trends, contact us today. 

http://www.blockchainchinaconnect.com

Friday, May 18, 2018

China update: are investors abandoning EB-5 program?


In recent months, Chinese immigration agencies are calling upon their clients to file a petition with the  White House, it is reported over 10,000 investors and stakeholders are signing the online petition.  Obviously EB-5 market in China is extremely slow and pretty much dead. Families with older children are less willing to consider EB-5 program. A few families with minor children are still in favor of EB-5 program. However, retrogression is a key concern.

Many immigration agencies around China are replacing their core business from EB-5 promotions to real estate sales in Thailand and Cambodia. Even some of the largest leading immigration agencies are devoting their efforts in promoting real estate deals in Asia and Europe. For the US market, some Chinese clients are exploring EB-1C or NIW type of visas though many of them are not qualified. Due to long time retrogression, more investors from China have been demanding for refund. 

The lack of legislative actions in the US congress is a major road block for many potential EB-5 investors, we are not expecting anything to be done soon this year.  It is pretty soon that Vietnamese and Indian investors would be facing the same retrogression issues. The majority of Regional Centers will be forced out of business as large projects will never see sufficient EB-5 funding if the US Congress continue to be inaction with EB-5 program. 

Tuesday, May 1, 2018

Chinese EB-5 investors might be jumping ship for private equity

(Source: The Real Deal) The EB-5 gravy train has left the station, however a new generation of private equity firms could be poised to step into the gap for Chinese investors interested in U.S. real estate, though a green card may not be part of the equation. See the story at https://therealdeal.com/

Tuesday, April 24, 2018

US developers feel pinch as Chinese investors pull back from EB-5 programme that offers green card as a reward

(Source: South China Morning Post) A big drop in Chinese applications for a US investor immigration programme is causing pain in sizeable American real estate projects as a source of affordable funding dries up. Read report at http://www.scmp.com/news/

Monday, April 16, 2018

Young Chinese families show interest in EB-5 investor program

 
ABG host Real Estate Training Program in Shanghai
For last five years, Chinese investors have overwhelmed the EB-5 program and have resulted in tens of thousands of petitions. However, since last year there is a sharp decline of investors from China due to retrogression and tighter control of foreign exchange by Chinese government. It has been quite difficult for Chinese citizens to sign up EB-5 program as many investors would not be able to get their funds or path of fund verified as USCIS required. Instead of coming to the US, many investors have discovered their new interest in investing in Thailand, Cambodia, Malaysia and other European countries.

Despite uncertainties around the EB-5 immigration investor program, some Chinese families with young children are still interested in investing in the program and setting up their children's education plan.  Families with teenager are encouraging their teens to file EB-5 petitions on their own before Trump administration eventually closes door of the US, as many people believe that President Trump's immigration policy is not quite friendly to wealthy investors.

Since many US developers are turning their attention to markets of Vietnam, India, Taiwan and other countries, fewer US EB-5 projects are now available in the China market and fewer Chinese migration agencies are marketing them. EB-5 market in China is less crowded in 2018. Targeting the right investor pools can be critical for raising EB-5 capital this year in China.  To learn more about current status of EB-5 market and action plan, please contact us at http://www.ArtisanBusinessGroup.com

Sunday, April 15, 2018

Shanghai to host China International Import Expo in November 2018

The Ministry of Commerce of the People's Republic of China and Shanghai Municipal People's Government will be hosting China's largest import trade show -"China International Import Expo" at the Shanghai National Exhibition and Convention Center November 5-10, 2018. It is a significant move for the Chinese government to hold CIIE to give firm support to trade liberalization and economic globalization and actively open the Chinese market to the world. It facilitates countries and regions all over the world to strengthen economic cooperation and trade, and to promote global trade and world economic growth in order to make the world economy more open.  

Artisan Business Group is planning to organize a trade mission to China, if you are interested in exporting your product to Chinese market, contact us today at mailbox@artisanbusinessgroup.com.

Lawsuit alleging EB-5 scam at Metropolis has been dropped

(Source: The Real Deal) A federal lawsuit filed against a Los Angeles attorney accusing him of running an EB-5 scam at the Metropolis megaproject has been dropped. See news report at https://therealdeal.com/la/2018/04/12/lawsuit-alleging-eb-5-scam-at-metropolis-is-dropped/

Thursday, April 12, 2018

Artisan Business Group to host investment training tour in China



Artisan Business Group is planning a multi-city investment executive training tour in Shanghai, Beijing, Hangzhou, Shenyang and Guangzhou in June and July 2018. To learn more about how you can get involved in our training tour, contact us at mailbox@ArtisanBusinessGroup.com

Tuesday, April 10, 2018

Judge agrees to freeze Quiros properties in Bahamas, Colombia in EB-5 case

(Source: VTdigger.org) A Vermont judge has sided with the state in its bid to freeze the assets of Jay Peak developer Ariel Quiros, issuing an order Monday that applies to property in Vermont as well as outside the state and country. The order against Quiros freezes not only five properties in the state, but others in Florida and Colorado as well as Colombia, the Bahamas and Puerto Rico. To learn more story at https://vtdigger.org/

Sunday, April 1, 2018

Brian Su visits wealth managers in China


Brian Su, CEO of Artisan Business Group visited  wealth management firms and family offices in Beijing, Shanghai and Shenzhen during his trip in March 2018.  Artisan Business Group will be working closely with wealth managers and family offices on various real estate investment projects in the US this year.  ABG will be organizing professional training programs for family offices and wealth management firms this summer.

Friday, March 30, 2018

Brian Su met with leading migration agencies in China


Brian Su, CEO of Artisan Business Group, held fact-finding meetings with chief executives from Wailian Overseas Group, Maslink Group, KBL, Visas Consulting Group, Worldway Group during his visit in Beijing, Shanghai and Shenzhen in March. As EB-5 business is getting slower, the market is not completely dead.  Families with young children are still interested in EB-5 program. Chinese teenagers are also filing petitions on their own.  Overall, market is slower than ever.  Migration agencies are diversifying their service offerings.  

Due to recent change of Chinese constitution, there is a growing interest in foreign passport programs among elite business executives and owners. European and Caribbean programs are very popular this year.

Friday, March 23, 2018

Artisan Business Group hosts US real estate investment seminars in China

Artisan Business Group hosted two US real estate investment and sales training seminars in Beijing and Shenzhen in March 2018. Experts from the US lectured over 100 executives from migration agencies, wealth management firms and overseas investment consulting firms. As EB-5 market is getting much slower in China, many migration agencies are focusing their efforts in US real estate transactions. Two similar events will be scheduled this fall in Shanghai and Guangzhou.  To learn more about Chinese investments and hosting your own promotional events in China, contact us today.




Sunday, March 4, 2018

Companies allowed to issue B&R bonds

(Source: China Daily) China's securities regulator said on Friday that it will allow domestic and overseas companies to issue bonds in the onshore stock exchanges to finance projects related with the Belt and Road Initiative.

The Shanghai and Shenzhen stock exchanges will carry out the pilot B&R bond program. Government-backed institutions in economies participating in the B&R initiative can also sell bonds in China, according to the China Securities Regulatory Commission, or CSRC.
"The CSRC will continue to push the opening-up of the bond market at the country's stock exchanges, and facilitate international cooperation and financing under the B&R initiative," CSRC spokeswoman Gao Li said at a news conference in Beijing.

The move is the latest effort of China to further open its capital markets and to boost investment and financing for regional infrastructure development under the B&R initiative.
Seven domestic and overseas companies have gained the regulatory approval to issue B&R bonds worth a total of 50 billion yuan ($7.9 billion) and four of them have already raised 3.5 billion yuan through their bond issuances, according to the CSRC.

Last March, Russian aluminum producer UC Rusal issued renminbi-denominated bonds worth 1 billion yuan at the Shanghai Stock Exchange, becoming the first company from an economy involved in the B&R initiative to sell bonds in China.

In January, Chinese cement producer Hongshi Group raised 300 million yuan through its bond offering at the Shanghai Stock Exchange to fund its projects in Laos. The group was the first Chinese company to issue B&R bonds at the stock exchange, according to the CSRC.

Fang Xinghai, vice-chairman of the CSRC, earlier said that the regulator will encourage good-quality companies to float shares and issue bonds in the Chinese capital market and will work to ensure the financing for projects under the B&R initiative. The regulator will take advantage of both onshore and offshore markets to support domestic and international companies' financing activities for the development of the B&R initiative, Fang said.

Join us at Belt and Road Initiative Investment Forum in Washington DC on March 14, 2018, register at http://amcenterbeltroad.org

Tuesday, February 27, 2018

One Belt, One Road Policy to affect Global Trade



In 2014, China established the $40 billion Silk Road Fund to finance their One Belt, One Road initiative and they have made investments in several key projects since its inception to put total costs closer to $1 trillion.  According to McKinsey & Company, more than 60 countries and 200 enterprises, with a combined GDP of $21 trillion, have expressed interest in participating in the One Belt, One Road action plan. The Belt and Road Initiative will provide businesses across the world the opportunity to compete and transform the global economy. China plans to transform global infrastructure with this 21st century ambitious initiative.

There is a lot of hope for the Belt and Road Initiative across Asia and also some skeptics about the true intent of the plan. The Hoover Institution at Stanford University proclaims “The One Belt, One Road initiative certainly has the potential to enhance Beijing’s political influence while hopefully (from China’s  perspective) reducing concerns that Beijing will employ such greater influence in threatening ways.” The One Belt, One Road policy is drawing attention across the globe and we will look to discuss in detail the challenges and opportunities in Washington DC on March 14th.


The one day "Belt and Road Initiative" Investment Form in Washington DC jointly hosted by Artisan Business Group and American Center for the Belt and Road Initiative provides an overview of China's global economic development and investment strategy. The forum will provide useful insights for the Belt and Road Initiative and opportunities for US business and industrial sectors as the Initiative approaches Latin America and North America.

Will removing term limits in China’s Communist party increase immigration?

President Xi and China’s communist party is planning to change its constitution to remove term limits. The recent announcement has made a lot of Chinese worried about the future of the country. The search of "immigration" on Chinese search engine Baidu.com has increased dramatically after the announcement. The Chinese government is now restricting search data for “immigration” to be public due to the influx of interest. We believe if President Xi plans to stay in power long-term, there will be a higher percentage of Chinese looking to emigrate in the next few years, as citizens are concerned about the direction of the country.

Tuesday, February 20, 2018

Discover new opportunities with "One Belt and One Road" Forum

 March 14, 2018 Washington DC

This one day "Belt and Road Initiative" Investment Form in Washington DC jointly hosted by Artisan Business Group and American Center for the Belt and Road Initiative provides an overview of China's global economic development and investment strategy "The Belt and Road Initiative" initiated by President Xi Jinping, the topics range from background, opportunities and challenges for US companies, and outlook, etc. It provides useful insights and outlook of the Belt and Road Initiative and opportunities for US business and industrial sectors as the Initiative will approach markets of Latin America and North America.

Featured Guests: 
  • Mr. Zhao Zhenge, General Representative, China Council for the Promotional of International Trade
  • Mr. Luis Fortuno, Former Governor of Puerto Rico
  • Dr. Wanfa Zhang, Political Scientist 
  • Mr. Xiaoli Hu, Jiangsu Maritime Institute (China)
  • Mr. Jonathan Lim, President, JLA Holding Co. (Singapore) and more...
Program:
  • Introduction and Background of the Belt and Road Initiative
  • American Perspectives and Strategic Outlook
  • Belt and Road Initiative with International Blockchain Infrastructure
  • Opportunities and Challenges for US Industrial Sectors
  • Opportunities for US Infrastructure Improvements
  • Leveraging International Platform for Cooperation
  • The Next Steps for US Companies to Access BRI Partners and Opportunities

    Email: artisanbusiness@yahoo.com
    Register at  https://beltroad.eventbrite.com