Many regional centers and developers have been asking a lot questions about Chinese market and the current mindset of migration agents and investors alike. As everyone knows that the EB-5 Regional Center Program will expire on September 30, 2017. Based upon our daily communications with emigration professionals across China who are constantly asking for
updates on the program, here are some quick thoughts on upcoming legislative actions and status of Chinese market.Hope a permanent legislation will pass by the end of September. To learn more about investments from China, please contact us at artisanbusiness@yahoo.com
Under current EB-5 Regional Center Program
- Retrogression has real impact and Chinese market is slowing down due to uncertainties on EB-5 legislation.
- Fraud as a negative impact on marketing of legit projects.
- Without changes to current program, we will see a 50% drop of subscriptions (Approximately 8,000 visas reduced to 4,000 visas) in the coming year.
Under new EB-5 Regional Center Program
- Chinese market will slowly bounce back when investors realize more certainties with the program
- $800,000 investment level is not an issue for investors; retrogression is an issue.
- Investors will find a way to wire money out despite tighter restrictions.
- Good and solid rural projects will be considered by both migration agents and investors since they receive priority consideration under new program.
- Real estate projects continue to be popular among Chinese investors.
