The Strange Marriage of Two Programs: EB-5 and Charter Schools
By David North December 2016
David North is a fellow at the Center for Immigration Studies. Donna Desrochers provided valuable research assistance.
[EB-5 Visas]
One of the more obscure impacts of our immigration policies is on charter schools that provide K-12 education for what would usually be public-school children. The subject of this report is the handful of charter schools that have used EB-5 investments to get started.
It appears that the investors, the kids, the teachers, and the taxpayers are all in the same boat, contributing generous but unknown amounts of money to all the educational middlemen. And the middlemen are often trying to hide information on this situation.
Alien Investors. We will initially focus on how the alien investors in these programs are likely to be treated. Will the aliens, who will also get a set of green cards for their families, ever see their half-million-dollar investments again? If so, how long with it take before they are repaid?
http://cis.org/Strange-Marriage-of-Two-Programs-EB-5-and-Charter-Schools
