The problem we have is with UNLIMITED Student Visas that are filling our college classrooms,** internship visas, visa extensions, and H-1B Visa abuse by replacement of US workers and US workers having to train their replacements, etc.
Bringing money into the US from any Country for investment is not a problem. It generates jobs. Instead of sending money out of the country supporting foreign investment, money comes into the US.
It may be a pathway to residence for the investor, but if a businessman from ANY country is willing to bring in a sizable sum of money to invest in a businesss or start a new business, they usually are granted a way to relocate their family just like would occur with any employee transfer.
I have been a fierce critic of the H-1B visa program for months if not years—have probably posted a dozen or more articles myself. However, I don’t see this as a Yuuuuge story.
As an aside, my son, a computer engineer in San Jose, just lost his job 2 weeks ago due the elimination of his technology group—i.e., no fault of his own. So I am personally and painfully very aware of the H-1B Visa situation as my son is now competing with the Tech Industry Cheap Labor Express H-1B visa holders in the job market :(
**University of Illinois actually travels to China to recruit students...a state-funded school denies classroom seats to talented state residents because it is heavily recruiting foreign students... travel
So true! Excellent post. Very sorry about your son. Slowly heading back to Illinois. How is Trump doing in Illinois?