CanAm Enterprises (“CanAm”) gathered with investor families at locations around the world, uncorked the champagne and toasted the capstone of their immigration journey to the U.S. – the EB-5 Visa program repayment milestone of $2.15 billion. Many of these investors and other partners gathered with CanAm leaders near the company’s offices in the U.S., as well as overseas in India, Singapore and Vietnam, where there is emerging market demand for the EB-5 Visa program.
“CanAm has helped thousands of immigrant families successfully invest and navigate the often-complex landscape to obtain residency status abroad,” Tom Rosenfeld, President and CEO of CanAm proclaimed to investor-families who attended the NYC celebration event. “For 35 years, CanAm has approached this responsibility with the integrity, choosing projects that deliver the results our investors seek, and leveraging the full resources of our company and staff to help you successfully navigate the immigration journey,” he said.
Rosenfeld went on to call the repayment of principal “the hallmark of our promise to our investors when they sign on with us. Our true joy is sharing your success in pursuing a dream for a better life for you and your family. One out of every four jobs in this country are created by an immigrant. I know that firsthand because I am an immigrant myself and have seen EB-5 jobs grow from one generation of investors to the next.”
In Singapore, investor families and business partners gathered to toast the milestone and share stories of their successful EB-5 experiences. The celebrants had the opportunity to meet one-on-one with key CanAm representatives, such as Relationship Management Director Joan Hull, CanAm’s Head of Asia, Min Wu and Evonne Chua, VP of Client Relations, SE Asia.
The celebration continued in Vietnam, where business partners, clients, friends and families joined CanAm’s leaders and regional representatives, including CanAm VP for Vietnam, Frank Le, at a special reception dinner to celebrate the milestone. CanAm Chief Operating Officer Christine Chen said the $2.15 billion milestone “not only reinforces our leadership position in the industry but reaffirms our strong commitment to our clients and their families. We look forward to celebrating the milestone now and all new milestones ahead.”
In India, CanAm leaders expressed their thanks to EB-5 clients, congratulated them on their repayments and huddled with other clients with pending visas or potential interest in participating in the immigrant investor program. In an intimate setting, Peter Calabrese, CEO of CanAm Investor Services, LLC, and Goldi Chawla, CanAm’s head of India and the Middle East, underscored the success of the EB-5 program for investors, and the value proposition that potential clients had by exploring their EB-5 journey with CanAm.
CanAm has robust participation in the EB-5 Visa program from Chinese investor families, but due to COVID-19 restrictions could not hold a formal celebratory event there.
To extend its thanks to families that placed their investment trust with CanAm, company VPs from its Beijing and Shanghai offices — Charles Chang and Robbie Wang, respectively — are personally presenting commemorative trophies to immigration agents in China who helped contribute to CanAm’s repayment success.
CanAm is humbled by the faith and confidence that investors have placed in the company for their immigration journey over the last 35 years. CanAm is proud of its track record of repayments, and its commitment to excellence and integrity is behind every project and client.
About the EB-5 Program
The EB-5 Immigrant Investor Program is administered by the United States Citizenship and Immigration Services (USCIS). The Program provides qualified foreign investors with the opportunity to earn “conditional” or temporary two-year visas in return for investing $800,000 in businesses located in Targeted Employment Areas that create at least ten full-time jobs for U.S. workers.