The possible increase in the prices of EB-5 Immigrant Investment Visa program has caused South Africans to rush for the program so as to avoid being left out when the price is hiked. An estimated increase of 600% from three years ago has been made by NES Financial in the South Africans EB-5 petitions filings this fiscal year. According to Bernard Wolfsdorf, a former South African and US EB-5 lawyer, there has been a lot of South African cases processed last year than in the previous 10 years. He suspected that the potential increase may cause this. However, other outstanding factors like excellent business environment, exceptional educational opportunities, and a stable economy in the country were also stated by Mr. Wolfsdorf. A website focused on South Africans has been set up by Wolfsdorf Rosenthal LLP – the top-ranked immigration law firm in the US. Experienced lawyers are also sent by the firm to explain immigration options to South Africans. As compiled by the office of the United States Trade Representatives, in 2018, an estimated total of $18.9billion was confirmed from the US goods and services trade with South Africa; with imports of about $10.5bn and exports of $8.4bn, whereby a trade deficit of $2.1bn was created with the South Africans. Vehicles, Iron, Steel, agricultural products, precious stones, and metals are most of the US imports from South Africa.
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