How will the recent devaluation of the Turkish Lira effect the affordability of the EB-5 investment for investors from Turkey as well as other Emerging Markets?”
This topic is very timely from EB-5 standpoint not so much because the market intrinsically cares or is focused on Turkey and the other emerging markets. The topic is timely because of what we are experiencing in China and Vietnam and perhaps other countries like India. Historically, the lion share of the investors have come from China Homeland. Due to existing retrogression for these investors issuers such as real estate developers and on their behalf Regional Centers have been putting tremendous emphasis in marketing to emerging markets to partially make up for the lost solid investor base.
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