Three Tidbits of Immigration Policy News
By David North on December 27, 2017
Three immigration policy news items emerged recently, on cheating in the EB-5 program, on the House Judiciary Committee's minority leadership, and on birthright citizenship in a U.S. island territory.
EB-5. Yet another way to defraud the immigrant investor (EB-5) program has appeared, but in this case the DHS staff noticed it before it went into effect.
In the type of investment concerned, that of an alien buying a specific existing operation, the EB-5 rules demand that the alien must fund an "at-risk" investment of at least $1 million that will produce 20 jobs in order to secure the family-sized set of green cards. (Most EB-5 investments are pooled, and require a $500,000 investment and the creation of 10 jobs.)
https://cis.org/North/Three-Tidbits-Immigration-Policy-News
