Citizenship sold to the Highest Bidder
ANALYSIS
STRATEGY
OPTIMIZATION
REPORTING
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5
The Top 5 US States for EB-5 Invesments
HUGE BACKLOG
According to the Wall Street Journal, there is a 10 year backlog on EB-5 visas in China. Cash for green cards has been a booming business. 82% of applicants are Chinese.
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MURKY JOB CREATION REQUIREMENTS
The investment "can be redeployed to other unvetted ventures." An investor’s full investment may be distributed to more than one job-creating entity in a portfolio investment strategy. The point system proposed in the R.A.I.S.E. Act would be a very good alternative to EB-5.
www.pfirdc.org
EVIDENCE OF FRAUD, WASTE & ABUSE
"Massive investment fraud scheme run amok by hundreds of questionable Regional Centers, shady middlemen, and immigration attorneys profiting from each transaction."
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Source: FAIR, April 2017
The minimum qualifying investment in the United States to get a green card under the EB- 5 Program:
$1,000,000
OR
$500,000
For a
Targeted Employment Area
So, call your representative and discuss it with them!
EB-5 Visa is set to expire on December 9th.