Created by the United States government in an effort to attract foreign investment and boost economic growth and creation of jobs in the 1990s, the EB-5 Visa Program only gained visibility and importance over the last few years.
The 2008 crisis has generated strong economic impact around the world, but the United States have been recovering from it. With the renewed stability of the U.S. markets and the strengthening of the U.S. Dollar against other currencies, the country has been attracting investments from investors around the globe, as was to be expected, and the “American Dream” came back with an even stronger appeal, especially for the millionaires in China.
The country with the world’s largest population has the largest percentage of EB-5 visa applications, with 87% of the total 8,773 visas issued in FY 2015. China, however, suffered a significant decrease in the number of I-526 petitions sent during the FY2015. There were nearly 1,000 less petitions in comparison to the previous year.