Single-family home construction remains abysmal as Americans are required to put more money down before buying.
Enter the Chinese. In both the luxury and middle-income housing markets, they have been a stabilizer. The types of projects being funded and built by Chinese investors are much larger than single-family construction. These are multi-story properties that have longer construction time lines. The construction crews are larger, and needs down the supply chain or bigger, for everything from cement to rebar.
Chinese immigrant investors are required to create 10 jobs for each investment under the EB-5 visa law. Asia Society estimates that Chinese investment through the EB-5 program created as much as 70,000 jobs last year. Chinese-funded projects, either under construction or currently in the works totaled, $15 billion last year. Someone has to build them. The projects range from multi-billion-dollar mixed-use projects in Los Angeles and the San Francisco Bay Area to smaller-scale developments in secondary markets nationwide.
Our immigration and investment expertise is available to you in Dr. Finkelson’s groundbreaking book that was published in 2014, How to Find Chinese Investors, Agents & Clients for Your EB-5 Projects & Services. A Practical Guide for Regional Centers, Attorneys, Developers and Businessmen. Ordering information is available on our websites: www.Business-Visa-USA.com, www.Business-Visa-USA.cn, www.Business-Visa-USA.hk and www.Business-Visa-USA.ru.
As always, we welcome your input and discussions about immigration on our LinkedIn group: Business and Immigration News & Views www.linkedin.com/groups/8140530
Dr. Gregory Finkelson’s new book, Moving Your Family to America – A Simple Guide to Business and Investment Immigration is now available in English and Chinese versions on Amazon. Click on the appropriate language link to order your copy now: www.Biz-Visa-USA.com.
– See more at: http://www.datsyn.com/article/5783/2016/05/30/EB-5s-Impact-on-US-Economy-and-Jobs#sthash.sIJQVck9.dpuf