The two day 2010 Bijing Immigration Summit announced its opening today at the Beijing Conference Center; Over 150 people from Beijing entry/exit business community, migration representatives from other provinces, and delegates from Greentech Auto (Gulf Coast Fund Management Regional Center) and WSLK attended the event. Officials with the Beijing Entry/Exit Administration of the Municipal Bureau of Public Security presented a keynote speech. Mr. Richard Craig of the Commerce Section of the US Embassy will discuss the US government stand on EB-5 immigrant investment program. Mr. Jason Lee, CEO of MasLink Group, will talk about EB-5 program in a breakout session. Mr. Jason Blatt, a Taiwan based Florida immigration attorney will explore the financial guarantee and insurance issues in relate to EB-5 investment. The delegates of the event expressed strong mixed feelings on the current overheated wave of EB-5 program in China, the official representatives of Chinese government placed certain blames on the migration companies that are aggressively marketing EB-5 projects in the marketplace. However, migration representatives disagree. Many representatives from both business and government sides agree that there should be a controlling mechanism in place to screen out the "bad apples" from the U.S. An idea of establishing a Review Council is under discussion.
The EB-5 China Market Council, headed by Mr. Brian Su, also sent representatives to the conference. For more information, contact us today.
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