CHINESE INVESTORS “BUY” US GREEN CARDS FOR $1M — BBC NEWS

CHINESE INVESTORS “BUY” US GREEN CARDS FOR $1M — BBC NEWS

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Because the US debates reform its immigration system – and contend with roughly 11 million undocumented immigrants residing within the country – affluent foreigners have already bought a correct path to a current life in The United States.

A visa programme known as EB-5 offers in a foreign country investors the replacement to get everlasting space – a inexperienced card – in return for $1m (£614,000). In areas with high unemployment, the visas are accessible for a $500,000 investment.

The BBC’s Franz Strasser takes a more in-depth understand at this system.

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