The Federal EB-5 visa program provides foreign investors with a US green card, for them and their families, and (after two years) permanent resident status in exchange for agreeing to invest $500,000 in an approved US business. In recent years the majority of EB-5 foreign investment funds have been from wealthy Chinese. EB-5 provides a “safe” place for their cash outside of China. Is it possible Donald’s EB-5 immigrant investors are issued a Trump visa card?
The Trump investors’ EB-5 money is for a 50-story luxury apartment building in New Jersey only a short distance from Lower Manhattan. It is licensed under the Trump name and run by the Kushner Company. Jared Kushner is married to Trump’s daughter Ivanka.
The EB-5 is a jobs generator...It encourages foreign businessmen to bring in funds to invest in businesses in the US.
What is the problem with bringing bringing money into the US from China or anywhere else? This is really the opposite of sending US dollars abroad.
Apparently poorly or not adequately vetted in this problem laden program. There have been Senate hearings about loopholes apparently. Senate Judiciary Committee under Grassley is where the problems came out. This merits a much closer look. It’s selling essentially a “pathway to residence” in the USA. Trump’s son’s project the Trump Bay Street deal closed out on this one with visas for nearly 85% Chinese applicants
But he’s been pissed off in debates and rallies endlessly saying the Chinese screw us in trade deals, and with those ill gotten proceeds, cash rich, they in turn “buy up our country.” Interesting. Wouldn’t these kinds of globalist biz desks precisely perhaps put him at the forefront of that unwelcome situation?
Why do they need permanent residency in order to invest in a project?
I finally understand why Trump had to bribe Federal officials.
Let me see if I can explain. It is selling America to the Chinese for Citizenship to America. Now do you understand.
Selling LAND to CHINESE for CITIZENSHIP. They come in buy up land and boom, they get citizenship and Donald Trump and his cronies (the hosts) get rich.
OR to Arabs or Russians or South American Drug Lord or Mexico or anyone that has the money to buy American SOIL from the hosts.
Put this in perspective, 500K is about 50 acres in Texas. So for buying 50 acres for a development (does not have to be developed) under EB5 (IIRC EB4) and lasting for two years a foreign national has Citizenship and his family (cousins, aunt, uncles, etc).
This is the NEW illegal immigration scheme. Say for instance, a mexican here in America host an EB5 and sells 50 acres to a Mexican national from Mexico. The Mexican national comes over and stays here for two years and gets citizenship and then brings over his entire family from Mexico. We now have 30-40-50 -100 or 1000 new illegals here just from that one sell of 50 acres claiming kinship.