By EB5 Investors Magazine Staff
In light of Brazil’s rise as the fastest growing EB-5 market in Latin America and the world’s third largest source of EB-5 investors, the EB5 Investors Magazine held its 2018 São Paulo EB-5 Expo at the luxurious Sheraton World Trade Center on April 11 and 12.
Following a VIP cocktail reception on April 11, the networking and educational event hosted a gathering of hundreds of leading regional centers, project developers, local migration agencies, immigration and securities attorneys, wealth managers and other prominent EB-5 program stakeholders. The expo featured interactive panels moderated by professionals experienced in the EB-5 Immigrant Investor Program, discussing the EB-5 process, source of funds and tax issues, the anatomy of an EB-5 project, the mindset of the Brazilian investors, and the future of the EB-5 market in Brazil.
The event celebrated the power of the investment immigration community in Brazil, whose investors poured more than $141 million into EB-5 projects in 2017, according to the U.S. State Department.
Rafael Lamberti of Reinhardt LLP said the event was helpful to expand global networks and acted as a catalyst to increase awareness about the EB-5 program.
"EB5 Investors did a fantastic job organizing the Sao Paulo conference,” he said. “By selecting the most relevant topics and knowledgeable panelists, they brought many well-recognized industry leaders together in an environment that promoted new business and relationships. I look forward to working with them in the near future."
Rogelio Caceres of LCR Capital Partners said he was impressed by the quality of the event.
“The work they are doing to help increase awareness about the EB-5 program is tremendously helpful to the future growth prospects of Brazil's EB-5 market," he said.
Leonardo Antonelli of Antonelli, França, Anastasia & Lopes pointed out the importance of the event when it comes to educating investors about the tax issues.
“Under the new American tax act, the EB-5 industry could be boosted, given that it has become cheaper to invest in the U.S. than in Brazil,” he said. “The São Paulo expo debated this new alternative of fiscal planning. Like other countries, the U.S. is already making it possible to immigrate to benefit from a tax advantage when compared to Brazil.”