Chinese Investors Warm to Sweetened U.S. Cash-for-Visa Program

The U.S. EB-5 program has seen increased interest from wealthy Chinese investors due to concerns over China's economy and direction.

August 2, 2023 . 11:32 AM

1 min read

The U.S. EB-5 program, which offers permanent residency to foreign investors, has attracted renewed interest from wealthy Chinese individuals.
Chinese investors are worried about their country's direction and economic prospects.
Last year, Congress reauthorized the EB-5 program, reserving a portion of the visas for rural projects.
The revamped program requires a minimum investment of $800,000 and has drawn significant interest from Chinese investors.
Developers are taking advantage of the lower funding costs through the EB-5 program for various projects across the U.S.