Last updated on March 20, 2020
Remember the Kushner scam regarding $500K visas and condo sales in New Jersey. Maybe Trump will throw in a free ventilator, because what other fresh grifting hell is this administration.
The Trump administration is considering a controversial proposal to boost the number of visas offered to wealthy immigrants who invest money in the United States as it tries to boost a faltering economy amid the escalating coronavirus outbreak, according to four people familiar with the situation.
The proposal, which could be included in one of the Senate’s coronavirus rescue bills, would significantly boost the number of visas offered annually from 10,000 to 75,000 while halving the investment required to earn legal residence from $900,000 to $450,000, they say.
Half the recipients of the EB-5 visa program — investors and their families — come from China, according to a report by the Brookings Institution think tank. Many others come from South Korea and Taiwan.
When you run out of selling condos in Miami to run Russian anchor baby birth tourism programs, there’s always other enticements using US government visas.
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