Investment Immigration Challenges and Opportunities

David Enterline, Attorney-at-Law, Enterline and Partners Consulting

How should the investment migration industry ensure its integrity is maintained?

It is my opinion that the investment migration industry integrity is best maintained in two ways. First, governments that offer residence and citizenship programs should take an active role in ensuring that its programs are transparent, clearly defined and regulated, and systems for due diligence are in place and maintained. Second, the encouragement of the membership in professional investment migration associations which have membership screening, integrity standards and policies, and similar attributes as those of the government programs provide a secondary system of establishing and encouraging integrity of the members and the industry.

What are the biggest challenges facing your company over the next 12 months?

For the U.S. EB-5 immigrant investor visa, the biggest challenges continue to be the ongoing temporariness of the EB-5 Immigrant Investor Program which authorized the approval and utilization of Regional Centers and the benefit of indirect job creation to meet job creation requirements. The second challenge continues to be the uncertainty of the pending regulatory changes proposed by the Department of Homeland Security which would, among other things, increase the minimum investment amount to as high as US$1.35 million for investment made in a Target Employment Area. These uncertainties create misunderstanding and panic in the market which often creates a negative view of the program.