A subsidiary of Fintech Creditease, Good Hope Investment Service, is providing “support and sponsored legal fees” to Chinese investors caught up in the EB-5 backlog. CreditEase started as a peer to peer lender but has since migrated into a plethora of Fintech services.
EB-5 is a popular program where foreign individuals may invest in the US and by creating a certain number of jobs gain residence status. The program is not unique to the US and is widely utilized around the world as it helps to fuel economic development.
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