IIUSA Data Report: 2019 EB-5 Immigrant Investor Trends in Hong Kong
by Lee Li, Director of Policy Research & Data Analytics, IIUSA
Hong Kong is one of the earliest EB-5 investor markets since the inception of the EB-5 Regional Center Program. In fact, between U.S. federal fiscal year (FY) 1992 and FY1999, Hong Kong was one of the top 10 largest EB-5 markets in the world with the highest demands for EB-5 visas (see Chart 1).
After experiencing some ups and downs in early 2000s, the EB-5 market in Hong Kong started to regain momentums in FY2010, reclaiming its seat as one of the top 20 EB-5 investor markets in the world. Furthermore, as Chart 1 illustrates, demands for EB-5 visas in Hong Kong started to grow consistently since FY2013. In FY2017 and FY2019 (Q1 and Q3), Hong Kong became one of the top 10 largest EB-5 markets in terms of the number of filings of new EB-5 applications (Form I-526 filings).
Using data from the U.S. Citizenship and Immigration Services (USCIS) and U.S. Department of State (DOS), this analysis provides a quantitative review on the latest trends of the EB-5 investor market in Hong Kong, including quarterly I-526 filings, EB-5 capital outflows, investment preference, average approval rate and processing time. In addition, we also discussed the recent surge of the net outflows of Hong Kong residents in 2019 largely due to the political and socio-economic issues.
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Join IIUSA for an In-Depth Look at the EB-5 Program and the Hong Kong Market on Our Next Webinar
Join Invest in the USA (IIUSA), Investment Migration Daily (IMI) and our industry experts as our complimentary guests on August 12 at 8:00 AM est (8:00 PM Hong Kong) for a in-depth look at EB-5 and the Hong Kong investor market.
During this live and interactive event, our panelists and partners will share their local market insights, the ins and outs of EB-5, and take a deep dive into other industry hot topics.
The event is a must-attend for investors or international intermediaries who are looking for detailed information on EB-5 as an investment immigration option as well as project sponsors looking to expand their efforts to Hong Kong.
Agenda Includes:
- EB-5 program basics;
- IIUSA investor market data report;
- Recent changes to EB-5;
- Investor timeline;
- Post-COVID 19 outlook;
- Other U.S. investment options;
- Q&A
All investors, intermediaries, and IIUSA members are invited to participate in this discussion for FREE! Space is limited so please register today to secure your spot.
