Become American Investor returns from successful meetings in Brazil and Argentina

Become American Investor returns from successful meetings in Brazil and Argentina

June 12, 2012

 

Charles O. Hutton, Arturi Venti and Tery Fuentes have returned from a very successful round of meetings with prospective EB-5 investors and decision makers held in Sao Paulo, Brazil and Buenos Aires, Argentina.
 
The Brazilian economy is the world's 6th largest by nominal GDP and the 7th largest in purchasing power parity, being one of the world's fastest growing major economies.  According to an article published in the Brazilian newspaper Estaduo, 19 new millionaires are "created" every day. The explosive growth of commerce, credit, the appreciation of Brazilian Real Estate and the discovery of massive oil reservoirs in the Latin American mammoth country are among a few of the factors driving such impressive numbers.
 
Although a new market for EB-5, Brazilian investors are receptive to the idea of investing in US-based projects in exchange for their US residency.  Historically, Brazilians pursued US Residency either through L-1 or H-1B visas, which has proven more and more difficult with the recession that decimated the US job market, leaving executives and high net-worth individuals with EB-5 as a safer and faster pathway to their green cards, and, subsequently, US Citizenship.