EB-5 Emerging Markets omy and stock market crash this past summer, EB-5 actors have started looking outside China to other markets that promise the next generation of EB-5 Investors. While Chinese Investors still dominate the EB-5 world stage, smaller players are poised to consume a larger chunk of the EB-5 investment pool. In light of this, it would be wise to look beyond the current horizon and acclimate to other emerging EB-5 markets that can fill the void, should interest in the EB-5 program level off in China.
BY PARISA KARAAHMET FRAGOMEN, DEL RAY, BERNSEN & LOEWY, LLP
W
ith the arrival of a visa cut off date for EB-5 immigrant visa numbers for China last year, and the more recent woes of the Chinese econ-
Brazil
6
Syria
6
Singapore
7
Iraq
7
Kuwait
8
Kazakhstan
9
France
9
United Arab Emirates
9
Regional Center EB‐5 Visas Issued
South Africa
13
Hong Kong S.A.R.
15
Canada
18
Egypt
21
Great Britain and Northern Ireland Venezuela
Direct EB‐5 Visas Issued
25 30
Japan
35
Nigeria
37
Mexico
44
India
55
Russia
56
Iran Vietnam China ‐ Taiwan born Korea, South China ‐ mainland born
In this regard, there are several interesting parts of the world to watch, including Iran, Nigeria and Russia, as well as parts of Asia, such as South Korea, Vietnam and Taiwan. While it is not possible to address all of these jurisdictions in detail, this article will highlight some common source of funds issues, touching on several “hot” or soon-to-be hot markets, including Vietnam, India, Turkey, Brazil and Venezuela.
72 92 99 162 8,308
CONTINUED ON NEXT PAGE >> VOL. 3, ISSUE #3, OCTOBER 2015
IIUSA.ORG | 17
Education/research
LOOKING BEYOND CHINA: