minded to empower cross-border cooperation. It is for sure a
demanding world to work in, but these challenges are also part of
its charm that appeal to me.
WHAT IS UNIQUE ABOUT YOUR
COMPANY COMPARED TO OTHER
MIGRATION AGENCIES?
Cangate has been actively engaged in this industry for almost
10 years. We have witnessed the ups and downs of many
immigration destinations as well as the shift of interest among
Chinese investors. With an innovative mindset, we closely
follow the market trends and adjust the focus of our business
accordingly. Meanwhile, we keep forming new strategies and
exploiting new schemes to expand our scope of services.
Currently, we concentrate a large portion of our business on
EB-1A, an immigration option for foreigners of extraordinary
ability. We have achieved great success in this area within the
Jiangsu Province and have built positive relationships with major
migration agencies throughout the country.
AS A VETERAN CONSULTANT
WORKING AT THE FRONTLINE OF THE
EB-5 MARKET OF CHINA, WHAT IS
YOUR PROSPECTIVE OF THE FUTURE
OF EB-5 IN CHINA?
I am conservatively optimistic about the future of EB-5 in China.
On the one hand, the market of EB-5 service suppliers is growing
mature. The business model is stabilizing; partners on both sides
of the Pacific are building mutual trust.
C
hao “Rachel” Sun serves as the general manager of Cangate
Investment, a Jiangsu-based migration agency licensed
by the Department of Public Security of the Jiangsu Province in
China. Targeting the South China market and serving high net
worth individuals for almost 10 years, Cangate has expanded
its business from the EB-5 program to a wide range of global
investment immigration programs.
With the retrogression roadblock impeding the way of China-
born EB-5 investors, more and more of them are adjusting their
immigration goals to a more global market.
In accordance with the shift, Cangate has established a broad
network of immigration services that covers EB-1, Canadian
provincial programs, European Golden Visa programs and the
immigration program of Australia.
WHY DID YOU DECIDE TO ENTER THIS
INDUSTRY?
Immigration investment is a niche market in the traditional
financial and investment industry. It requires the practitioners to
be well versed in multiple areas, including legislation, finance, real
estate and taxation. One needs to keep pace with the changing
international socio-economic status quo and remain open-
95
EB5 INVESTORS M AGAZINE
Regional centers and developers are getting more and more
experienced in handling EB-5 issues. This undoubtedly boosts
the confidence of Chinese investors.
On the other hand, however, it has almost become a consensus
of all stakeholders in the industry that unless a fundamental
legislative change is achieved to fight against fraud and resolve
the backlog predicament, the Chinese EB-5 market will inevitably
see a significant downturn in demand in the very near future. The
direct aftermath would be a severe impact on job creation and
economic development within the U.S.
WHAT IS THE SCOPE OF YOUR EB-1A
BUSINESS AND WHICH PROGRAM HAS
A MORE PROMISING PROSPECT OF
DEVELOPMENT IN THE CHINESE
MARKET: EB-5 OR EB-1?
We are proud of our track record in the EB-1A business and have
successfully helped clients with extraordinary talent in a large
variety of disciplines realize their American dreams. Our team
digs into the professional background of each client and tailors
applications with the most convincing evidence to raise the
approval rate.