Total Collapse: Chinese Share of EB-5 Program Falls by 45% ’18, Lowest in 10 Years

The effects of 15-year wait times and a growing interest in European alternatives are starting to manifest in Chinese application volumes for the US EB-5 program. Figures for the fiscal year 2018 show the share of EB-5 visas issued to Chinese nationals has fallen to just 42%, down from 75% the year before. Not since

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SEC Charges Couple with $10 Million EB-5 Fraud and Cover-Up

The SEC this week charged California-based lawyer Jean Danhong Chen and her husband Tony Jianyun Ye with raising over US$10 million in undisclosed commissions through the sale of EB-5 securities, as well as for attempting to tamper with evidence after they learned they were under investigation. According to an SEC press release, the couple conspired

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