Results 1 to 4 of 4

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Administrator Jean's Avatar
    Join Date
    May 2006
    Location
    California
    Posts
    65,432

    Feinstein calls for end to controversial EB-5 immigration program

    By Kathleen Pender Published 1:19 pm, Wednesday, November 4, 2015

    en. Dianne Feinstein has called for an end to the controversial EB-5 regional center program that lets foreign nationals get green cards for themselves and their families if they invest at least $500,000 or $1 million in a U.S. business that creates or preserves at least 10 jobs.

    The regional center program expires Dec. 11 unless Congress renews it. Other legislators called for reforming the program, but Feinstein appears to be the first to say it should end.

    “At its most basic, the EB-5 program allows a foreigner to invest $500,000 in a U.S. business, in return receive a visa that puts them and their direct family on a special path toward citizenship,” Feinstein, D-Calif, wrote in an opinion piece in Roll Call Wednesday. “At the same time, individuals unable to buy their way into the country remain trapped in seemingly endless visa backlogs that often last more than 20 years. I believe the program is deeply unfair, sends the wrong message about this country’s values and is prone to fraud and abuse.”

    The EB-5 program itself is not set to expire, only the regional center program. But regional centers account for more than 90 percent of visa applications submitted under the program.

    Congress created the EB-5 program in 1990 to stimulate the economy. To get a visa, foreigners had to invest at least $1 million — or $500,000 in high-unemployment areas — in a business that created or preserved at least 10 jobs. But it got off to a slow start, in part because it was hard to prove job creation.

    http://www.sfgate.com/business/netwo...-5-6610957.php
    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn

  2. #2
    Senior Member
    Join Date
    Jan 2012
    Posts
    4,815
    She needs to retire, she is either senile or sick. She wants to stop the program that gives a green card to someone investing a million dollars and creating at least 10 jobs because.individuals unable to buy their way into the country remain trapped in seemingly endless visa backlogs that often last more than 20 years. And in the same breath does zero to stop allowing millions of illegals here and to stop criminal aliens from freedom to kill more Americans. She voted against Kate's law also.

  3. #3
    MW
    MW is offline
    Senior Member MW's Avatar
    Join Date
    Jun 2006
    Location
    North Carolina
    Posts
    25,716
    Quote Originally Posted by artist View Post
    She needs to retire, she is either senile or sick. She wants to stop the program that gives a green card to someone investing a million dollars and creating at least 10 jobs because.individuals unable to buy their way into the country remain trapped in seemingly endless visa backlogs that often last more than 20 years. And in the same breath does zero to stop allowing millions of illegals here and to stop criminal aliens from freedom to kill more Americans. She voted against Kate's law also.
    I agree with her. American citizenship is not a commodity that should be bought and/or sold like agricultural dry goods!

    "The only thing necessary for the triumph of evil is for good men to do nothing" ** Edmund Burke**

    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts athttps://eepurl.com/cktGTn

  4. #4
    Senior Member
    Join Date
    Jan 2012
    Posts
    4,815
    True in a way but a lot of countries offer citizenship for a large fee and Eb5 creates JOBS too - a contribution to the economy and coffers. I think her time could be better spent holding on to that option and work to remove the millions of illegals and their so called anchor babies, prevent further invasions too and ensure ALL citizens have jobs before utilizing foreign worker visas for those jobs.

    Many countries require a certain amount of guaranteed income as criteria to reside there - income you bring with
    you, not income you would make there. They don't take in freeloaders.
    Last edited by artist; 11-04-2015 at 11:31 PM.

Similar Threads

  1. Replies: 0
    Last Post: 02-15-2014, 12:00 AM
  2. Gwinnett County renews controversial 287g immigration program
    By JohnDoe2 in forum illegal immigration News Stories & Reports
    Replies: 1
    Last Post: 06-27-2013, 04:10 PM
  3. Sheriff reviewing controversial immigration program (287g)
    By JohnDoe2 in forum illegal immigration News Stories & Reports
    Replies: 0
    Last Post: 06-09-2013, 11:06 PM
  4. Los Angeles: Controversial immigration enforcement program i
    By Jean in forum illegal immigration News Stories & Reports
    Replies: 11
    Last Post: 08-16-2011, 06:18 PM
  5. Summit today on controversial immigration program
    By JohnDoe2 in forum illegal immigration News Stories & Reports
    Replies: 1
    Last Post: 08-15-2011, 07:33 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •