the business.” Doing so can be tricky, though, especially
given the sheer size of the Latin American market. “They’re
coming from the south in Argentina to all the way up north
in Mexico,” Azpúrua says. “That’s a very large territory
to cover.” Each country has its own regulatory regime,
too, which can make it difficult for EB-5 professionals to
document the origin of investors’ funds, comply with local
tax codes, and navigate varying currency-exchange rules.
“Each country is a different challenge,” Azpúrua says.
FOCUSING ON LATIN AMERICANS
LIVING IN THE STATES
Such concerns are leading some EB-5 developers to focus
on pitching their projects to Latin Americans already living
in the US