Has 2020 been the worst year ever?!?
It could be that 2020 was the worst. However, today we will talk about the positives. After all, the sign of true character is not what you can do when life is easy, but how you behave when times are tough.
In today’s article we will go over the 2020 BAI Capital highlights, investment strategies while in quarantine, and how the world, the USA in particular, continues to respond to the crisis.
“All the world is full of suffering. It is also full of overcoming.”
2020 BAI Capital
The year started well with the completion of our EB5 Development Highlands Residences in North Miami. The project was a success, very solid build, with satisfying returns for the partner investors.
There were 21 EB5 investors as part of the Highlands Residences TEA Approved Development Fund, originating mostly from South America and Mexico. As of December 21, 2020, 10 of the applicant petitions have been approved with many approval coming in the 45 days. Having signed on in 2018, this is a 2 year turn around for the i-526 Petition.
As part of the project, we are able to offer the last of the remaining condominium units at attractive prices, turn-key ready to take advantage of the renter-heavy South Florida market. Inquire for more details.
“Adversity causes some men to break; others to break records.”
– William Arthur Ward
Our new TEA Approved EB5 Visa and Equity project for 2020-2022 began in the spring. It’s called Archer Place and it’s located in the University and medical mecca of Gainesville Florida.
As you may already know, Archer Place is a one-of-a-kind mixed-use condominium development project by BAI Capital, marketed towards college students and medical professionals and their families. It features 195 high end apartment units, with commercial units on the first floor.
At Archer Place, the large college market plus a wealth of health care professionals equals an exclusive one-of-a-kind opportunity for just a limited amount of wealth-seeking investors. We are super excited to be able to offer investment and immigration opportunities in this don’t blink it’s gone project.
So, for us at BAI Capital we look forward to 2021. Another year to expand our business, while staying true to our roots and continuing to offer risk-managed immigration and investment opportunities for both national and international investors. We hope you will join us.
“Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all.”
– Dale Carnegie
Our situation may be better at end 2020 than many in the world. That is because we live in wealth.
For many across the globe, 2020 has been a continued nightmare. From the onset of the pandemic at the beginning of the year in China, to going worldwide by spring, most nations were either unprepared or unwilling to contain the virus appropriately. Once in place, containment measures yielded results, and thus communities and economies were re-opened by summer, partially in some areas and countries. It seems that re-opening without proper safeguards has created another explosion of positive cases, this time more severe than the first, at least in the US anyway. In the USA, the outgoing president, along with a significant amount of the population, continue to ignore the calamity that is engulfing the country. In our opinion, this callous indifference has resulted in far too many deaths, lives lost for no good reason.
“In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.”
— Theodore Roosevelt
The effects of COVID-19 on society worldwide have been severe, cruel, frightful and disheartening. The ability to adapt is often contingent on affluence and/ or access to alternate means of income.
Which brings us full circle to investment strategies. How does one, of any financial class, move through this madness?
The wealthy can afford to wait, but that goes against many of our natures. However, the poor and rich alike must adapt to new opportunities, as doors shut on previous revenue streams. For example, think about the big changes to the economy worldwide this past year. Travel, hospitality, entertainment: shutdown. The cyber world, digital, health, education: on the rise, big time.
The harsh yet inspiring truth we must face today is this:
Hunger, necessity and desire lead us all to new means and approaches to wealth and health. Whether it’s during COVID or in any tough time. Throughout history our ancestors have faced much worse than this, and through them, we were born. To face and overcome this, and any challenge.
While in Holidays with family, let’s take a moment to cherish our blessings and reflect on what and who has made us. Let’s take the time to think about those less fortunate, and consider sharing some of our richness with those in dire need in these times.
“All the adversity I’ve had in my life, all my troubles and obstacles, have strengthened me… You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.”
– Walt Disney