Saturday, November 28, 2015

EB-5 gets an unskeptical mention in the New York TImes

From a Sunday Business section story in the New York Times, headlined Chinese Cash Floods U.S. Real Estate Market:
Investments in the United States provide another advantage: a pathway to a green card.
Chinese investors have been particularly aggressive at using a federal visa program called EB-5 that allows overseas citizens to put $500,000 to $1 million into a project that will create at least 10 jobs. Investors can get a green card in about two years. So far this year, 86 percent of the EB-5 visas issued worldwide have gone to Chinese.
Ha! It should be "that will purportedly create at least 10 jobs."

No comments:

Post a Comment