of the immigration and investment requirements available to newcomers . Independent databases listing regional centers and having testimonials from former investors will bring enormous benefits to investors , he said .
They will also exert influence on the healthy development of the industry , he added . Nguyen advocates for tightening regulations on EB-5 brokerage activities to avoid scams and frauds . He also stresses the importance of having clearer guidelines for TEA designations to enable investors to evaluate numerous projects .
Nguyen reckons that investors in Vietnam are becoming more educated about EB-5 and more skeptical of marketing pitches from agents . Vietnamese investors are taking every piece of information handed to them with a grain of salt .
“ Some agents are still boasting about 100 percent success ,” he said , “ But smart investors can smell something wrong here .”
Nguyen urges regional centers and developers to take more effort in gaining exposure in the local market and reach out to prospective investors directly . According to him , they know their business well . platforms like EB5Investors . com build more checklists of EB-5 dos and don ’ ts to help investors tiptoe around pitfalls during the application .
Nguyen believes it is the responsibility of every gameplayer in the community to promote information availability and create a sustainable ecosystem for the Vietnamese EB-5 market . “ Bringing information to people from all sides of the program is critical ,” he said .
With strong confidence in the effectiveness of his due diligence and the project he selected , Nguyen has promptly started preparing for the establishment of his new company with his I-526 pending . He plans to travel to the U . S . soon to negotiate contracts with potential partners .
“ I want to get the ball rolling ,” he said . “ I am not waiting for anything .”
Sources : 1
https :// travel . state . gov / content / travel / en / legal / visa-law0 / visa-statistics / annual-reports . html
“ They are very helpful ,” he said , “ but they don ’ t have enough access to the market .” Nguyen suggested that information
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