Scott Fuller, CEO and Partner of EB5 United was recently featured in an article by Anayat Durrani of EB5 Investors Magazine with regards to his outlook of the EB-5 investor markets in South America.
“Columbia has demand but is a much smaller country. Many Venezuelans also reside in Columbia and invest from Columbia. Venezuela would be a very strong market if it were not for the severe economic hardships and political issues,” says Fuller.
He notes Mexico is becoming a stronger market since the political landscape has changed under the current administration, but says the country has never been a massive market because of the E-2 visa and close proximity.
“COVID-19 and its impact economically and politically are driving uncertainty. As this is the dominant issue in the world it remains the primary hindrance for growth in the EB-5 market,” says Fuller.
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USCIS recently published an update regarding adjudication times for Immigrant Petitions by Alien Entrepreneurs also known as the I-526 form. According to the officially released data processing...