Comparing with EB-5’ s relatively high demand on net worth and the lengthening queue of backlog, EB-1A is particularly attractive to Chinese investors thanks to its low expenses and efficiency. With all supporting documentation in place, one will be able to obtain a green card in one year.
This is an unparalleled advantage of EB-1A over EB-5. Chinese investors who are trapped in the retrogression quagmire and who do not want to be left in such a situation are in desperate need of an alternative. And EB-1A provides an ideal solution to them.
Moreover, the EB route encompasses more tempting options than just EB-1A. EB-1C, immigration visa for managers and executive transferees, opens the gate to an even larger market.
" EB-5 has been a strong program for a long time and Chinese practitioners have accumulated a tremendous amount of experience..."
This is not to say that we will forsake our EB-5 business and desert everything we know about this specific market. EB-5 has been a strong program for a long time and Chinese practitioners have accumulated a tremendous amount of experience and built great partnerships out of it. These valuable assets equip us with the right ammunition to assist our EB-1 clients better.
WHAT IS THE BIGGEST CHALLENGE IN THE EB-1A MARKET AND WHAT ARE SOME CONCERNS YOUR CLIENTS HAVE ABOUT EB-1A?
EB-1A is a very selective program with strict requirements that need to be satisfied. For migration agents, the biggest challenge lies in the customization of immigration strategies which could best couple the achievements of each investor with the EB- 1A criteria. Most of our EB-1A clients have concerns about the effectiveness of the immigration strategy crafted for them, which is completely understandable.
After all, the highly individualized nature of EB-1A makes it almost impossible to find a“ one size for all” tactic for all applications. The uncertainty of every case incurs clients’ hesitation and anxiety; it also presents new challenges to practitioners like us.
Many potential Chinese EB-5 investors already hold executive positions in multinational companies with extensive experience in investment and business operation.
This is an option that fits them perfectly. Based on what we have heard from our clients, agency peers, U. S. investment groups and immigration attorneys, we estimated that the scale for EB-1C in China is three times as much as that of EB-1A.
PLEASE EXPLAIN YOUR BUSINESS OF THE AUSTRALIAN INVESTMENT IMMIGRATION PROGRAM AND WHERE DO YOU THINK THIS SECTION OF THE INDUSTRY IS HEADING?
We concentrate our Australian business on two schemes: 188A and 188C. As a traditional immigration destination with tons of established Asian communities, Australia is an even more
EB5INVESTORS. COM 96