EB-5 Visa Program: $1 million investment = green card
A visa programme called EB-5 offers overseas investors the opportunity to get permanent residence - a green card - in return for $1m (£614,000). In areas with high unemployment, the visas are available for a $500,000 investment.
The visas have been available since the 1990s, when Europeans were the main beneficiaries. But today Chinese citizens represent a majority of the applicants.
While critics complain about foreigners "buying" their way into the US, the scheme's supporters told the BBC that the developers fund projects that create jobs in America.
Posted by: Anguper Hupomosing9418 2013-12-18 |