Now that China’s EB-5 visa backlog has stretched well into the 2030s, the powerful Chinese visa agents — who once controlled the flow of information to the majority of the industry’s investors — have largely gone away. Who, or what, will replace them?
In this week’s featured article, Kurt Reuss, CEO of EB5 Deals, suggests that the decline in influence of home-country visa agents is leading to the “democratization” of the EB-5 marketplace. Increasingly, he argues, investors are able to learn about project options and review multiple offering documents themselves online, and changes to the ways EB-5 investments are registered and advertised are helping to accelerate this shift.
In this landscape, Reuss says, it may be digital deal platforms — directories hosted by broker-dealers — that most successfully fill the information void.
Read the article: “The Future of EB-5 Fundraising: Seismic Changes Ahead”
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