Wednesday, March 10, 2010

For Some Immigrants, The Ticket To A Visa Is A Check

Many other countries do this, why not the U.S.? These people start businesses and hire workers and create jobs. - - Donna Poisl

by ROB SCHMITZ
NPR from KQED

You've got half a million dollars. You crave the American dream. May I interest you in a green card?

This may sound like a back-alley deal, but this is the arrangement thousands of wealthy foreigners have made with the U.S. government. The EB-5 visa offers a path to citizenship in exchange for investing in an American business. The numbers of these types of visas issued in the past two years have tripled, and around half of the visas are being snatched up by wealthy Chinese.
Click on the headline to read the rest of this story! This is only a small part of it.

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