HONG KONG SAR – Media OutReach – 10 February 2021 – During the first week of his
presidency, President Biden has executed six immigration-related executive
orders, including rescinding the Muslim ban, restoring the Deferred Action for
Childhood Arrivals (DACA) program and halting construction of a U.S.-Mexico
border wall. This marks a return to policy where immigrants are welcomed and
valued for their contributions to the economy and society.
Even though the Biden administration’s
proposed immigration reform bill, The U.S. Citizenship Act of 2021, doesn’t
mention EB-5 specifically, the program and EB-5 investors do stand to benefit from some of the measures in the
proposed bill, which favor economic growth and employment-based visa categories
including EB-5. These measures aim to clear employment-based visa backlogs, recapture
unused visas, and reduce lengthy wait/processing times.
Over the past 20 years, the EB-5 program has been a very popular pathway among
Chinese communities to obtain green cards by investing in the U.S. The
popularity has created a more than 10-year wait time for mainland-born investors.
Hongkongers, on the other hand, still
enjoy a separate immigration line from the mainland investor without the long
wait, making EB-5 an attractive option.
With a minimum investment of US$900,000, the
EB-5 program appeals to high net-worth individuals aiming to obtain permanent
resident status in the U.S. While the Trump administration cracked down on
immigration, experts anticipate positive impact on the program with the new Biden
administration in charge and President Biden has already pledged to undo many
of Trump’s anti-immigration policies.
The EB-5 visa
program grants investors the opportunity to live and work anywhere in the U.S.
and allows investors to return to their country of origin for personal or business
purposes if they maintain U.S. residency. For families looking to educate their
children in the U.S., there are even admission advantages and reduced tuition
costs available. “CanAm has always applied the investor-first mindset when managing
our investors’ immigration and investment capital,” said Mr. Tom Rosenfeld, President
and CEO of CanAm Enterprises. “We look forward to seeing the Biden
administration bringing more positive changes to the program, and CanAm will
continue to provide qualifying projects and top-notch services to our investors
globally.”
CanAm
has 30 years of experience exclusively promoting and administering
immigration-linked investment funds with a proven track record in assisting investors
achieve their immigration and investment goals. Having raised more than US
$3 billion of EB-5 capital for 60 projects, CanAm leads the EB-5 industry
in capital repaid to investors. As of December 2020, more than $1.75
billion in EB-5 capital from 45 completed CanAm projects has been successfully repaid
to 3,500 investors — representing their full loan amounts. Over 2,300 investor
families have already achieved their permanent resident status in the
U.S. through CanAm’s EB-5 projects with 7,200+ permanent green card issued
to CanAm’s Investors and their families.
CanAm believes that trust is
born out of transparency and provides a fully audited immigration and
investment track record to our partners and investors. It is one of the first EB-5
Regional Centers to establish its own FINRA-registered
Broker-Dealer to ensure full regulatory compliance. A third-party
escrow bank is also set up for each investment project to safeguard the
investment funds. Headquartered
in Manhattan, New York, CanAm has local representatives in Beijing, Shanghai,
New Delhi, Ho Chi Minh City, Singapore, Hong Kong and Dubai.
“Despite the turmoil in the
previous years, the U.S. remains one of the top migration destinations for
Hongkongers. Key appealing factors are the comparable salary packages, living
standard and quality of education. Yet it is crucial to choose a credible
Regional Center with sound repayment track record to partner with, and it is
exactly why we choose to represent CanAm for our local clients,” said Belinda
Chan, Managing Partner of CCGi, local partner of Global Migration Solutions and
CanAm Enterprises in Hong Kong.
CanAm
helps Hongkongers achieve their path to citizenship by offering a “full
service” support and management role in going through EB-5’s six step process,
with the track record, financial infrastructure and legal expertise to offer full
regulatory compliance and investment security. CanAm is uniquely positioned as
a bridge between qualifying projects and accredited investors, and with a
responsibility to both, investors trust that CanAm is also invested in the
success of every investment. The process will take
approximately 24 months for a conditional Green Card, and another 21 to 45
months for a permanent green card.
Upcoming FREE webinar on latest EB-5 program updates:
Date:
26th
February 2021 (Friday)
Time:
7pm
HKT
Platform:
Live on Zoom
To register, please sign up with this link: https://bit.ly/3cSOLqm
About CanAm Enterprises
With three decades of experience promoting
immigration-linked investments in the United States and Canada, CanAm has a
long and established track record. Basing its business on a reputation of
credibility and trust, CanAm has financed 60 projects and raised nearly $3
billion in EB-5 investments. More than $1.4 billion in EB-5 capital from over
2,800 families has been repaid by CanAm’s 42 projects to date. CanAm
exclusively operates seven USCIS-designated regional centers that are in the
city of Philadelphia, the Commonwealth of Pennsylvania, the metropolitan
regions of New York & New Jersey, the states of California, Hawaii,
Florida, and Texas. For more information, please visit www.CanAmenterprises.com.
Services
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
Upcoming Events
MGBF founding chairman Nordin Abdullah and UMW Toyota president Datuk Ravindran K. will delve into the convergence of automotive innovation and environmental sustainability in Penang, Sarawak, Johor and Pahang.
Hosted by menumiz™ – an end-to-end restaurant management system – this roundtable will feature a case study presentation and a panel session to discuss the latest digital trends, challenges, and opportunities within the food and beverage sector.
In this episode of 'A Working Lunch with Nordin', MGBF's founding chairman, Nordin Abdullah, will host this discussion focusing on the biggest threats and opportunities for businesses as we look to manage change in the South China Sea.
This MGBF Roundtable will focus on regional food security issues and trends in the regional supply chain, and trade regulations and policies, including a new geopolitical tool i.e., weaponisation of supply chains.
MGBF In The News
Planet QEOS, KIS BlOCNG San Bhd, and the Sarawak Land Consolidation and Rehabilitation Authority (SALCRA) have officially signed a tripartite memorandum of understanding (MoU) to establish a collaborative framework aimed at producing bio-hydrogen via the Steam Biomethane Reforming (SBMR) Process. The MoU was signed by Planet QEOS executive chairman Dino […]
Planet QEOS and China Machinery Engineering Corporation (CMEC) are interested in investing RM10 billion to co-develop advanced Megawatt peak (MWp) agrovoltaic in Baram, to further boost Sarawak’s green energy initiative and food security. Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg was briefed on Friday by both the […]
Last week SPM results came out, 373,974 aspirants who have been waiting patiently over the last few months would now know their fate. Some 10,109 have received all A’s, the golden standard of academic success and the ticket to those looking to study the “more advanced” subjects in university. Proudly, […]
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
