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[HOT] Has recession led to an increase in the number of EB-5 regional center cases?


If you read articles such as the below one, it would appear that the current recession has somehow contributed to the increased EB-5 based immigrant visa numbers. However, that is not true because these immigrant visas are for the cases that have already been obtained in the past. The tripling of immigrant visa numbers from 2008 to 2009 is due to a big increase in the popularity (especially in China) of EB-5 Regional Center cases before the recession. We would not be surprised if the immigrant visa numbers for EB-5 cases decreases in 2010.

http://www.migrationinformation.org/USFocus/display.cfm?id=764

A more accurate analysis is that while the current recession has definitely increased the demand for foreign capital from U.S. projects, there is no cause and effect relationship between the current recession and any increase in the number of Immigrant Visas in 2009.

Generally speaking, recession is not good for EB-5 investors: a stable, growing world economy is good, but recession is not good for EB-5 program.