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| Home Front: Politix |
| EB-5 Visa Program: $1 million investment = green card |
| 2013-12-18 |
| 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 |
| #2 In some cases the cost is only $500k. Other countries have had great success with this kind of "investment" for visa program. The US is having trouble getting takers. The amount of visa available under this program each year has never been reached. Never. |
| Posted by: Iblis 2013-12-18 20:23 |
| #1 ...as opposed to retaining funding welfare for illegal aliens (while gutting COLA for military retirees)? How can you have a dependent/obligated class with such a program? |
| Posted by: P2Kontheroad 2013-12-18 17:35 |