Vietnam is the third-largest source of EB-5 investors worldwide (after China and India) and has a notable concentration of wealth.
Over the last decade, the country experienced a remarkable 98% increase in its population of High-Net-Worth Individuals (HNWIs), with a combined wealth of $28.48 billion among billionaires by 2025. Additionally, the Vietnamese government has set an ambitious goal of having at least 10 billionaires and five of Asia’s most influential business leaders by 2030.
“Vietnam remains one of the strongest and most sophisticated EB-5 markets globally,” says Oliver Yang from Reid & Wise, who will speak at the EB-5 & Global Immigration Expo in Vietnam on March 17-18 at the luxurious Reverie Saigon.
“Globally, we know that the EB-5 program is the surest path to a green card for Vietnamese passport holders,” says Trevor Anderson from HomeFed Corporation, who will also speak at the event.
“The economy in Vietnam is more prosperous, which lets more Vietnamese have sufficient assets to invest in EB-5 projects,” adds EB-5 attorney Tony Wong of Wong & Asociates.
What Vietnamese investors will gain at the EB-5 visa Expo
The event offers a vital opportunity for Vietnamese investors seeking to secure their futures. It serves as a unique platform for these local investors and agents to learn about the EB-5 Immigrant Investor Program and other global immigration options. Attending this event will provide them with exclusive insights and information tailored to their needs, including opportunities for business expansion, educational prospects, and stability for their families in the United States.
Participants will develop a clear understanding of the realities investors encounter, including money transfer considerations and EB-5 project dynamics such as job creation and operational timelines. The event will empower attendees with practical insights and best practices to confidently navigate the EB-5 process.
“Vietnamese investors are highly motivated, well-informed, and long-term oriented,” Yang adds. “That said, they often present unique source-of-funds scenarios — such as multi-generational family wealth, real-estate monetization, informal lending, or cash-based income — that require careful structuring and documentation.”
Anderson adds: “They have the daunting task of choosing the EB-5 investment best suited for them. Investing in an urban project is generally safer, but a green card is more quickly obtained by investing in a rural project. Each investor must find the project that balances their risk tolerance and immigration goals.”
Wong explains that Vietnamese investors face common and specific challenges when applying for the EB-5 visa. “Vietnamese still face the issues of lawful source of funds because of their foreign-exchange controls, while [United States Citizenship and Immigration Service] USCIS tends to issue more RFE or NOID about third-party exchangers in terms of the proof of third party’s lawful source of funds and violation of local regulations, and lack of sufficient documentation for the source of funds there,” he says.
He concludes that Vietnam’s current filing and final action dates in the EB-5 program make the country a more attractive market than China and India, whose applicants face backlogs.
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