How will the recent devaluation of the Turkish Lira effect the affordability of the EB-5 investment for investors from Turkey as well as other Emerging Markets?”
This topic is very timely from EB-5 standpoint not so much because the market intrinsically cares or is focused on Turkey and the other emerging markets. The topic is timely because of what we are experiencing in China and Vietnam and perhaps other countries like India. Historically, the lion share of the investors have come from China Homeland. Due to existing retrogression for these investors issuers such as real estate developers and on their behalf Regional Centers have been putting tremendous emphasis in marketing to emerging markets to partially make up for the lost solid investor base. If currency devaluations make the EB-5 investment unaffordable to potential investors from these countries, the prospect for EB-5 business in the near term would be quite bleak. The added uncertainty of the possibility of increased minimum investment amount, redefinition of targeted employment area etc. would exacerbate the effect of the currency devaluation and its ripple effect to other emerging markets like Brazil, India.
On the other hand, given the desirability of residency in the United States, we could end up concluding that the benefit of getting a green card still outweighs the increased cost due local currency devaluations. To find out more please read the article.
Subscribe for News
Join Professionals on EB5Projects.com →
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.