"Most Californians, who have seen their taxes increase while public services deteriorate, already know the impact that mass illegal immigration is having on their communities, but even they may be shocked when they learn just how much of a drain illegal immigration has become." FAIR President Dan Stein
Thursday, April 12, 2018
RICH CHINESE FLOOD INTO AMERICA BEFORE THE DICTATORSHIP OF RED CHINA COLLAPSES FROM CORRUPTION
10,000 Wealthy Aliens Annually Obtain Visas, Green Cards Via EB-5 Program; 82% of Applicants from 1 Country
A $500,000 investment can obtain a green card for qualified aliens. (Screenshot)
About ten thousand wealthy foreign nationals obtain U.S. visas that can lead to permanent-resident green cards each year by utilizing America’s EB-5 program.
Under the program, foreign nationals must invest at least a half-million dollars and, in some cases at least a million, in order to qualify, The L.A. Times reports:
“The EB-5 program was created in 1990 to stimulate the U.S. economy through capital investment and job creation.
“Foreigners can qualify for permanent U.S. residency — a green card — if they invest at least $1 million in a new business venture that creates at least 10 jobs. The threshold drops to $500,000 for investments in high-unemployment or rural areas.”
EB-5 immigrants can obtain U.S. residency for their spouses and unmarried children (under 21).