US visa for Chinese billions in real estate – Wei Gu

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Wei Gu

Wei Gu

Chinese visa seekers to the US provide developers with almost rent-free capital, a brisk business that seems to benefit all parties involved, despite the risks involved. 11,000 EB-5 visa petitions were filed in 2014, representing US$5.5 billion, WSJ wealth editor Wei Gu learns from immigration lawyer Jean Francois Harvey.

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