
Controversial Visa Program for Wealthy Foreigners Extended in Omnibus
A 10-month extension of the controversial foreign investor visa program is included in the year-end spending deal scheduled for a vote this week.

A 10-month extension of the controversial foreign investor visa program is included in the year-end spending deal scheduled for a vote this week.

A visa program intended to encourage wealthy foreigners to invest in high unemployment areas in the U.S. is instead being used to direct money to luxury establishments in affluent areas, according to Senate Judiciary Chairman Chuck Grassley (R-IA).

The immigration program for wealthy investors — the Employment-Based Fifth Preference Immigrant Investor Program or EB-5 — is vulnerable to fraud, new a Government Accountability Office report reveals.

The EB-5 visa program — wherein foreign investors can be placed on a path to citizenship by investing and creating at least 10 full-time jobs in U.S. — is a scam, University of Chicago Law School professor Eric Posner concludes.

“I think Harry Reid’s getting out of town ahead of the posse,” former U.S. Attorney Joe diGenova tells Breitbart News. The Senate Minority Leader says he’ll retire in 2017, at the conclusion of his current term.

Senate Minority Leader Harry Reid (D-NV) says he intends to retire at the end of his term in 2017. But he may still face legal pressure before he leaves. Former U.S. Attorney Joseph diGenova, a leading legal expert on the prosecution and defense of white collar criminals, tells Breitbart News there is enough public evidence to launch a criminal investigation of Reid.

An ABC News investigation raises questions about the EB-5 visa program, and whether DHS is responding to political pressure and allowing immigrants with questionable backgrounds into the U.S.