IIUSA President, Robert Kraft, signs Partnership Agreement between IIUSA and GDEIA at the 2019 Global Investment Immigration Summit in Guangzhou, China
Monday, May 20, 2019 - Last week, IIUSA President Robert Kraft, had the honor of participating as a guest speaker at the 2019 Global Investment Immigration Summit in Guangzhou, China and delivered important updates on the EB-5 legislative reform. The Annual Summit, which was hosted by the Guangdong Entry & Exit Immigration Association (GDEIA), is one of the most anticipated events of the immigration industry in China bringing together over 400 industry stakeholders, officers from the Guangdong Public Security Bureau, leaders of each province’s entry & exit association, and over 300 licensed migration agencies from across the country.
During the event, Mr. Kraft formalized a strategic partnership by signing a Partnership Agreement between IIUSA and GDEIA. This partnership is a significant step towards promoting best practices and transparency for the investment immigration industries in both China and the U.S. With an estimate of over 1,200 I-526 filings in FY2018, China still remains the largest EB-5 investor market and continues to play an important role in generating foreign direct investment for EB-5 economic development projects across the United States.