A large crowd gathered for the recent EB-5 investor procurement seminar hosted by Brian Su and the Artisan Business Group. A weekend event, the two-day seminar featured experts from all corners of the EB-5 Visa Program.
The first day's session included presentations from EB-5 practitioners Joseph McCarthy, Jor Law, Michael Homeier, and Suzanne Lazicki, who writes business plans for EB-5 regional centers. All of these speakers demonstrated their experience and expertise when it comes to EB-5 regional center establishment and management.
On the second day, attendees watched as highly influential Chinese migration agents discussed how they select and market EB-5 regional center projects to prospective investors in China. Speakers included Dr. Winner Xing of Worldway Immigration, John Jiang, Managing Director of the Henry Global Consulting Group, Lu Sun of MasLink, Jason Li of Cansine Exit and Entry Services, and others.
Brian Su and USAdvisors.org Managing Director Michael Gibson helped begin day two by extending their welcome to the guests in attendance. Su later awarded Gibson the Artisan Business Group's 2010 EB-5 Media Prize, a testament to the quality of EB-5 news, information, and sustained community interaction provided by his site, EB5info.com.
According to one attendee, Robert Hobbs, whose EB-5 regional center is currently pending USCIS approval and whom Su quotes in an update on ILW.com, the seminar "shed light on how things are done the right (legal) way."
Indeed, the recent seminar was held in light of several new events that will alter the way EB-5 projects are marketed to Chinese investors. A recent decision by the Supreme People's Court of China could prove a significant game changer when it comes to what EB-5 marketers can and cannot do in their presentation of regional center projects to interested investors.
According to Su, practitioners operating in the Chinese agent/broker market may need to stop pushing the investment element of projects and focus instead on the investor's ability to receive a green card. Recent cases of fraudulent fundraising schemes have put the Chinese government on high alert, and EB-5 marketers will be receiving closer scrutiny.