U.S. Investment Migration-Shenzhen people make the last train

Published on April 18, 2009 by connie | This story has been viewed 489 views

In late March, the Government of South Dakota State in United States cooperates with alien migrants for holding the global first issue of the new region center investment migration project respectively in Nanjing and Shenzhen, which is the first time that American investment migration project is issued in China and the first time for American authority to issue new project after Obama signed the Migration Act continuation.

EDITOR’S CHOICE

American Region Center Investment Migration Act, valid until September 30, 2008, was enacted by the former president Bush in September 2003 for attracting global investors to invest $500,000 dollars in the designated region centers in America with the return of getting “green cards” for the whole family within one year. After the Act expired, US made a continuation for the Act as of March 2009 and this is the second continuation announcement when President Obama signed the Act, which will be expired on September 30, 2009.

Shenzhen migrants to America account thirty percent in the national market

Some expert analyzes, due to the bad damages inflicted by the financial crisis, the American government hopes to attract oversea capitals through the investment migration to support the economic reconstruction of each state, in which the investment projects focus around the constructions of basic projects that can complete the government’s transfer payment and the promotion of employment.

Except directly attracting migration investment, the new migrants will also open business, purchase house properties and have other investments and consumptions, which have significant meanings to the economic reconstruction of America as well as the raise of employment rate.

In early February this year, U.S. Citizenship and Immigration Services quickened the examination and approving of the applications of Chinese investment migrants. The approved American visas surge in March this year.

Actual investment amount decreased due to the dollar depreciation

Since last November, the financial storm has resulted in the financial instability and increase of investment risks in America, which brought direct impact to the American investment immigrants and most of the investors take the attitude of “wait-and-see”. The principal of the American project of investment migration said, “Many quasi-applicants can not invest temporarily due to damages of their assets in the financial storm. If the investors who possess the application conditions and abundant capitals transact the US investment immigration, the application period will be accordingly shortened. The depreciation of the U.S dollars results in the decrease of the investment amounts that only about 3 million RMB will be needed according to the current exchange rate for realization of the dream of migration to U.S.”

Experts forecast that the U.S government may raise significantly the investment threshold even close the door after September 30. Insiders said, “Therefore, the investors who have the intention of migrating to the U.S have accelerated the speed of application.” “Of course there may be new policies.”

The $500,000 dollars invested could be returned in full after five years

Currently, different consultant companies recommend different U.S. investment immigration projects. The investment project recommended by ADH Information Consultation Company is for the construction the Natchez gambling house in the State of Mississippi. And there are other projects relating to the sight seeing, science and technology, transportation, education, manufacture and trade in different states. The investment project brought in late last month by South Dakota State in United States is a government based infrastructure construction project.

“This is a large infrastructure construction project with 5 large power companies’ guarantees and millions of consumers and the future economic return is appreciable, which provides a powerful economic guarantee for the return of the investment”, Chief Executive Officer of international business center of South Dakota State, Mr. Joop Bollen said on the explanation session for the project.

President Obama addressed in White House on March 14 after signed the Migration Act, “Investors from all around the world including China should be absolutely confident to the security of investing in U.S.” American government’s clear attitude plays an important role in the raise of Chinese investors’ confidence.

Shenzhen Post staff Connie contributes to the story.
visitchn@gmail.com

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