EB-5 Investment Opportunities Conference Could Benefit Arab American Immigrants

posted on: Apr 8, 2014

The Detroit Chinese Business Association (DCBA), a leading Michigan-based, nonprofit trade association for relationships between American and Chinese businesses, today announced it will host the EB-5 Immigration Investment Opportunities for Michigan Conference. Sponsored by Global Detroit and Aspire Lending, the event will take place from 3-6 p.m. April 23 at the Iroquois Club in Bloomfield Hills, Michigan.

“We’re excited about this event,” said DCBA’s President Jerry Xu. “It brings together the best of both the public and private sector to discuss how we can continue to bring top talent and foreign direct investment into the State of Michigan.”

The conference will feature dynamic speakers, including Bing Goei, director of Michigan’s Office for New Americans, Joe Borgstrom, director of the State of Michigan’s EB-5 Regional Center at the Michigan Community Development Corporation, and representatives from Civitas Capital Group, a leading public-private partner for the EB-5 program.

“Events like this are great mediums to exchange ideas and information about how we can continue to bring highly skilled, job-creating immigrants to the State of Michigan,” Goei noted. “This is a key pillar of our state’s economic growth plan and we’re working diligently to move the right policies forward to support this initiative along with creating a welcoming community and culture for immigrants.”

Borgstrom said the State of Michigan has taken a proactive approach to attract foreign investors through the utilization of the EB-5 visa.

“With decades of housing and development experience in Michigan, we’re optimistic about the role EB-5 capital can play in the revitalization of our cities as well as potentially retaining existing foreign national students and new immigrants,” Borgstrom said.

Civitas Capital Group Chief Executive Officer Dan Healy added that he is looking forward to the event, the dialogue it will generate and the opportunity to deepen relationships with key stakeholders across the state.

“Our full-service asset management approach for global investors and unique expertise with public-private partnerships have created thousands of jobs at zero cost to American taxpayers. This model is a great fit for the comeback taking place in Michigan,” Healy said. “We want to play an influential role in the state’s efforts to marry high-quality investment opportunities with the appropriate risk-return profile of global institutions and individuals.”

Seating is limited and tickets are $50 in advance or $75 at the door (if available), which includes dinner, beverages and a cash bar. Please register online at www.dcba.com or call +1-248-918-0391.

About Detroit Chinese Business Association

Founded in 1995, the Detroit Chinese Business Association (DCBA) is a Michigan-based, non-profit organization. Its primary goal is to advocate, educate and form business relationships between American and Chinese companies. For more information about DCBA, please visit www.dcba.com.