Creating a U.S. Taxable Estate by Accident: The EB-5 Visa Investment Program
In 2018, 9,602 EB-5 Visas were granted with over 48% of the recipients coming from Mainland China and over 80% coming from Asia. The next largest jurisdiction was Vietnam, with recipients receiving just over 7% of the visas. Why is the EB-5 Visa Program so attractive to the Chinese and what are the personal financial pitfalls to be considered? More than a third of rich Chinese surveyed “are currently considering” emigrating to another country, according to a report from the H