Penelope
Diamond Member
- Jul 15, 2014
- 60,265
- 15,790
- 2,210
Should Congress Let Wealthy Foreigners Buy Green Cards?
Each year, America grants green cards to 10,000 rich investors, the vast majority of whom are Chinese. Is this program creating enough jobs to warrant its continuation?
The massive $20 billion Hudson Yards project is one of the nation’s biggest development efforts. When it’s completed on New York’s west side, it will have have 5,000 apartments, six skyscrapers, and pneumatic tubes for trash disposal. And one more feature of the project: It has paved the way for the green cards of about 1,200 Chinese millionaires.
https://www.theatlantic.com/business/archive/2015/09/should-congress-let-wealthy-foreigners-buy-citizenship/406432/
It was originally scheduled to sunset on April 28, 2017, but was extended with the omnibus spending bill that funded the government for the first half year of the Trump presidency.
Looking Into The Crystal Ball At The EB-5 Investor Immigration Program And Trump's Raise Act
--------------------------------------------------------
I'm sure this is what merit means, ability to buy expensive apts and condos. Money can buy you anything , even citizenship.
So I ask you:
Would you rather immigrants to take the entrance level jobs, and you rise up, (I am talking legal) or do you want on highly skilled whites here or the wealthy.
As it is many Chinese rich kids are here in the US going to college.
Think about it.
Each year, America grants green cards to 10,000 rich investors, the vast majority of whom are Chinese. Is this program creating enough jobs to warrant its continuation?
The massive $20 billion Hudson Yards project is one of the nation’s biggest development efforts. When it’s completed on New York’s west side, it will have have 5,000 apartments, six skyscrapers, and pneumatic tubes for trash disposal. And one more feature of the project: It has paved the way for the green cards of about 1,200 Chinese millionaires.
https://www.theatlantic.com/business/archive/2015/09/should-congress-let-wealthy-foreigners-buy-citizenship/406432/
It was originally scheduled to sunset on April 28, 2017, but was extended with the omnibus spending bill that funded the government for the first half year of the Trump presidency.
Looking Into The Crystal Ball At The EB-5 Investor Immigration Program And Trump's Raise Act
--------------------------------------------------------
I'm sure this is what merit means, ability to buy expensive apts and condos. Money can buy you anything , even citizenship.
So I ask you:
Would you rather immigrants to take the entrance level jobs, and you rise up, (I am talking legal) or do you want on highly skilled whites here or the wealthy.
As it is many Chinese rich kids are here in the US going to college.
Think about it.