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Banking and FinanceDeals & Dealmakers

Investors flock to EB5 Expo

Tom Rosenfeld, President and CEO of CanAm Enterprises, spoke about the future of EB-5 Program at 2019 Expo Hong Kong.

Rosenfeld shared his views on the future of EB-5 and the effects of proposed regulatory changes to the program.

TOM
ROSENFELD

He also explained what to consider when selecting a reputable EB-5 regional center to Hong Kong-based investors.

Rosenfeld and CanAm’s staff also took the opportunity to greet EB-5 agents and business partners, who are central to CanAm’s operations in Southeast Asia.

“It is always a pleasure to meet our important partners here in Hong Kong and Southeast Asia overall. We are grateful to work with such professional and valuable partners,” Rosenfeld added.

CanAm recently reached an important milestone when its EB-5 project repayments extended to $1.3 billion and its continues to expand its operations in Southeast Asia.

The EB-5 Immigrant Investor Program is administered by the United States Citizenship and Immigration Services (USCIS). The Program provides qualified foreign investors with the opportunity to earn “conditional” or temporary two-year green card status in return for investing $500,000 (or $900,000 after November 21, 2019) in businesses located in high unemployment areas that create or retain at least ten permanent full-time jobs for U.S. workers.

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