This past Tuesday, NES Financial wrapped up its 2015 EB-5 Innovation Summit seminar series with resounding success in Los Angeles, California. Between the New York, Miami, and Los Angeles events, more than 300 people attended. Each city’s panel hosted an impressive array of EB-5 industry experts, who offered valuable insight and expertise into the rapidly changing EB-5 industry. Attendees left well prepared to face the challenges and opportunities the EB-5 sector is likely to encounter in the coming year.
To determine the topics for the Summit series, NES Financial surveyed leading players in the EB-5 industry on what they expected to be the major challenges and opportunities for EB-5 in 2015. Compliance/legislation and the EB-5 program’s capacity, including the possibility of Chinese retrogression, topped the list. This was followed closely by increased investor demands for transparency, the globalization of EB-5 markets, and the new challenges expected to arise as more and more EB-5 projects reach the end of the immigration process.
The EB-5 Innovation Summit addressed all of these topics, providing valuable insight into what lies ahead for the EB-5 industry. As Reid Thomas noted in his State of the Market Address, the EB-5 industry has grown explosively in the last two years. EB-5 has become a mainstream source of funding for projects of all sizes, spanning many industry sectors. As a result, new demands have emerged within the industry; a growing number of projects have found a need for streamlined escrow, fund administration, and immigration workflow solutions. NES Financial has seen record adoption of our products across all three categories, and announced that it has been engaged in over 300 EB-5 representing over $12Billion in EB-5 capital.
In the next several weeks, the NES Financial blog will offer an in-depth exploration of the primary conversations from the 2015 EB-5 Innovation Summit, including:
- The impact of Chinese retrogression on EB-5 markets in the coming year
- New regulatory, legislative, and investor demands for EB-5 projects
- Globalization of EB-5 markets
- USCIS processing times and managing the end of the EB-5 life cycle, including return of investor funds
Once again, we’d like to thank our many excellent speakers and everyone who attended the events for helping to make each seminar such a success.
What is EB-5? Find out more by downloading our EB-5 Solution Kit.