Las Vegas, NV (PRWEB) December 20, 2012
Recently, EB-5 Investment Report attended the EB-5 Capital Raising Seminar: Dialogue with Chinese Investor at the Platinum Hotel in Las Vegas, NV. The seminar was hosted by Artisan Business Group and sponsored by USA Continental Regional Center.
The event gave developers, attorneys and others involved in the EB-5 program an intimate opportunity to speak with industry leaders and experts. Brian Su, CEO and President of Artisan Business Group says events like this are important to the EB-5 community, especially for new developers. He adds that the goal of his event is for guests to gain knowledge of the EB-5 program, how the markets work to secure capital overseas, and for attendees to gain an understanding of the compliance of the laws both in the United States and overseas.
Speakers include Su, who talked about supercharging EB-5 capital raising in China and Korea, USACRC’s Al Rattan, who discusses his journey as a developer raising Asian capital, Steve Anapoell, Shareholder and Attorney at Greenberg Traurig, who speaks about securities issues and due diligence, and John Li, CEO, EB5Supermarket.com who advises attendees on marketing projects through the Chinese Internet Media. A question and answer period follows each speaker and networking ensues in between speeches at the all-day event.
Additional EB-5 experts in attendance are Thom Casebolt, Director, EB-5 Resource Center and Aaron Goforth, President, Wright Johnson LLC who speaks with EB-5 Investment Report about job creation and how the USCIS’s new requirements can affect approvals of the petitions. Goforth said, “The more rigors they put on the 924 and 526 applications, hopefully the more streamlined and efficient the approvals will be down the road at the 829 stage.”
Casebolt also speaks with EB-5 investment report regarding his company’s role as consultants to the EB-5 program, stating that the biggest challenge they face when dealing with USCIS is communication. He said, “What’s our biggest problem in business? You always hear about it, its communication and what’s the biggest problem with our government? It’s communication.”
One topic that continues to come up during the event is how a lack of knowledge regarding an investor’s culture could harm capital raising efforts. Su stresses the importance of learning, respecting and understanding foreign cultures before traveling overseas to recruit investors.
The highlight of the event comes at the end of the day with a panel discussion moderated by Al Rattan. Panelists include Brian Su, John Li, and a Chinese investor who recently obtained her 526 approval and is currently residing in Los Angeles, CA. Although she would not name the project she is invested in, she spoke openly about the challenges she faced with the EB-5 petitioning process and answered questions put forth by attendees.