T
o celebrate the power and transforming landscape of the
investment immigration industry, EB5 Investors Magazine
hosted the 2018 Las Vegas EB-5 & Uglobal Investment
Immigration Convention at the luxurious Bellagio Resort and
Casino on Jan. 26-27.
More than 900 industry professionals from around the world
gathered for two days of networking and moderated educational
panels, discussing the future and legislative developments of the
growing market.
Another hot topic was Vietnam, which is now the top market
for several prominent regional centers and demand does not
seem to be slowing down. However, when it comes to source of
funds, Vietnam can be a challenge since it’s a cash economy.
Cryptocurrency seems to be one way to deal with the restrictions
in moving capital out of certain areas.
Dan Nguyen, director of American Immigration & Multi Services,
described the educational convention as “a playground for all
experts and professionals.”
A distinguished group of migration agents, regional centers,
attorneys, developers, broker-dealers and other prominent
EB-5 and global investment immigration stakeholders had
the opportunity to learn about new industry trends, emerging
markets, capital redeployment and potential legislative change
to the EB-5 regional center program. More than 100 panelists
shared their insight during the event, which was supported by
more than 70 sponsors. “It creates a business environment and opportunities for related
people around the world,” he said. “Its meaningful scope is to
bring U.S. dreams to everybody, to change their lives and future.
We are happy to see that EB5 investors Magazine is holding
regular seminars around the country and overseas to create
more opportunities in this business."
Keynote speaker Mark Hutchison, Nevada Lieutenant Governor,
praised the EB-5 program for strengthening families, the
economy and helping to create jobs. “As always with EB5 Investors Magazine-sponsored conventions,
this was a well-run, expertly executed conference that will provide
value all year long,” he said.
“The EB5 program is the essence of the American dream,” he
said. “It’s the essence of bringing people to the United States
of America, giving them opportunities to prosper and thrive
and bless their families while increasing job growth. It’s a great
facilitator of the American Dream.” Joel Stewart, legal advisor for the General Consulate of Brazil in
Florida, also enjoyed the event.
EB5 Investors Magazine also held a special American Dream
lunch reception to celebrate the lives of four EB-5 investor
immigrants, who shared their personal and heart-warming
experiences journeying towards the American Dream.
Daniel Healy, CEO of Civitas Capital Group, agreed.
“The EB5 Investors’ conference in Las Vegas was a world class
EB-5 event that brought together the best of the best - regional
centers, turnkey projects, entrepreneurs, creative financing and
migration agents,” he said.
The convention held sold-out workshops about global
immigration programs, where panelists from Cyprus, Malta,
United Kingdom, Ireland, Portugal, Canada, Italy and Vietnam
provided insight about the booming citizenship-by-investment
market. An international crowd learned how newly proposed
regulations could improve the Cypriot program, that several
European and Caribbean countries have lowered their investment
amounts to compete for investors, and potential benefits of
Grenadian citizenship given the country’s E-2 treaty status.
Attendees in the attorney workshops heard about credit swaps
increasing as a cause of RFEs, that cannabis projects likely will
receive a swift NOID, and that even small inconsistencies in prior
visa applications can result in an RFE.
EB-5 financing workshops highlighted the importance of
working with an experienced EB-5 team in today’s climate and
that regional centers and developers should have a contingency
plan if an EB-5 offering does not sell out. It also focused on the
importance of having different marketing strategies for the Indian
market compared to other markets, and that Indian investors
have unique money transfer issues.
Panels also discussed the impact of how TEA designation could
change this year. Many shared their concerns about the potential
for long processing times if USCIS were in charge of issuing TEA
letters.
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