This is a good plan, let's hope more take advantage of it. These people have to start a business or invest in one that is struggling or in an area with high unemployment. Certainly a win-win. Other countries do this with much success. - - Donna Poisl
By Matt O'Brien, Contra Costa Times
OAKLAND -- In bustling Oakland Chinatown, an office full of empty cubicles sits ready to greet executives -- all of them newly arrived immigrants who have paid as much as $500,000 for the privilege of living here.
Blocks away at Jack London Square, local developers have transformed a harbormaster building into a meeting place where they hope to channel foreign investments into new hotel construction.
In Napa and Sonoma counties, another venture hopes to woo would-be investors with wine tours, and convince them to buy some vineyards in the process.
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1 comment:
The eb5 is an excellent program. It has generated billions of dollars in foreign investment and created tens of thousands of jobs for Americans. And now the new "startup visa" is before congress, sponsored by john kerry. Hopefully this bill will pass, and strengthen the overall immigrant investor visa program in the US.
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