What Trump’s Return to Office Could Mean for the EB-5 Market in Asia

Written by Jennifer Smith, Director of Business Development

December 16, 2024 — 2 min read

With Donald Trump returning to the White House, the EB-5 industry faces new questions regarding market shifts and potential impacts on foreign investment. During his last term, the EB-5 program saw significant interest from Asian investors. According to IIUSA data, over 80% of EB-5 applicants historically came from Asia, with China, Vietnam, and India leading the charge. Trump’s business background and focus on economic growth previously aligned with favorable EB-5 policy support, which attracted a steady stream of EB-5 investments, particularly in sectors like real estate and infrastructure.

Despite Trump’s strict stance on other immigration programs, EB-5 remained largely unaffected during his previous term. However, the new dynamics introduced by the EB-5 Reform and Integrity Act (RIA) may influence Trump’s administration to emphasize transparency and integrity within the program. For Asian investors, this could mean heightened interest in projects in rural and high-unemployment areas, as the RIA introduced reserved visa categories specifically for these zones. During Trump’s last term, American Life and similar EB-5 program leaders noted significant investments in urban development projects, but this shift in policy may channel more funds toward suburban or rural projects.

While the EB-5 market appears poised to remain stable, Trump’s unpredictable approach to broader immigration could influence perceptions in Asian markets. Investors may proceed cautiously, increasingly favoring established EB-5 regional centers with a transparent, proven history.

In this climate, staying informed about policy updates is essential. Engaging with reputable sources and maintaining open communication with industry experts will be key for investors and industry leaders alike in adapting to any shifts during Trump’s upcoming term. American Life remains committed to providing clarity, reliability, and strong investment opportunities for EB-5 investors worldwide.