A quote from Bass, Berry & Sims attorney Mike Gibson previously used in Forbes was republished in an article exploring the future of Chinese investment under the EB-5 visa program. According to the article, many are speculating about how President Trump’s potential changes in immigration policy will impact the “golden visa” program within the EB-5 context. As Mike told Forbes in January 2017, “[t]here’s been a specter of reform in the background for so long, it’s been tough to have certainty about how the program will function. Will projects that qualify under the current program be grandfathered in? No one knows. Everybody believes there will be some reform, but no one knows what it will look like.”
The article, “Where Will China’s Super Rich Migrate if Trump Kills the ‘Golden Visa’?” was published in three outlets on March 3, 2017, and is available online:
- EB-5 Investments
- EB-5 News Blog
- Asia Times