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

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

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As the US debates reform its immigration machine – and tackle roughly 11 million undocumented immigrants residing in the nation – successfully off foreigners already ranking a trusty route to a brand new existence in America.

A visa programme known as EB-5 affords in a foreign nation investors the different to ranking eternal space – a green card – in return for $1m (£614,000). In areas with high unemployment, the visas are readily available for a $500,000 investment.

The BBC’s Franz Strasser takes a more in-depth look at this procedure.

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