100 GOP Reps Back Fast-Track Citizenship for Chinese Investors
The House will vote Tuesday on a bill that would give wealthy Chinese lenders a fast-track to American green cards and citizenship.
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Sen. Grassley: Real-Estate Lobbies Block EB-5 ‘Chinese Visa’ Reform in Omnibus Bill
House and Senate Republicans developed a consensus reform of the EB-5 visa-buying program — but two New York lobbying groups are using Democratic allies to block the reform, says Iowa Senator Chuck Grassley, the chairman of the Senate Judiciary Committee.
GOP Ignores Scandals, Keeps Funding U.S. Citizenship-for-Investment Visa
The scandal-plagued EB-5 visa, which allows foreign investors and their families to essentially buy U.S. citizenship, is continuing to be funded by the Republican-controlled Congress.
First Settlement Reached in Landmark EB-5 Visa Fraud Case
Five companies involved in Vermont’s Jay Peak ski and water park development reached a $225,000 settlement with the Securities and Exchange Commission (SEC) Wednesday as part of the ongoing EB-5 “golden visa” fraud case against the development’s owner, according to a report by Law 360.
Report: Prosecutors Probe $285 Million Deutsche Bank Loan to Jared Kushner’s Family Business
Prosecutors are reportedly looking into a $285 million loan made by Deutsche Bank to Jared Kushner’s family real estate business.
Report: Jared Kushner’s Family Business Subpoenaed over Use of Immigration Scheme
Jared Kushner’s family business has reportedly been subpoenaed by New York federal prosecutors over its use of an investment-for-immigration program, the Wall Street Journal reported Thursday.
Hirson and Jahangiri: Instead of Pressuring Mexican President Peña Nieto, We Have a Solution to Fund the U.S.-Mexico Wall
The huge infrastructure project in question is the approximately 2,000-mile-long wall along the United States’ southern border with Mexico. This project has been estimated to cost somewhere between $10-20 billion. While the project is supported by many Americans, it’s not a burden the American taxpayer is going to want to shoulder, or a project we should financially burden our ally and neighbor with.
Obama’s Deputies Raise Price for ‘Golden Visa’ EB-5 Green Cards
The outgoing Obama administration has raised the upfront investment required to get citizenship via the fraud-wracked EB-5 visa program from $500,000 to $1.35 million.
Report: Trump In-Laws Using Chinese EB-5 Visas to Build Tower
Bloomberg reported Monday that Trump Bay Street, a 50-story apartment complex being built in Jersey City, is being funded through a controversial immigration program known as EB-5, in which foreigners receive a two-year visa in exchange for investing at least $500,000 in the U.S., with enhanced opportunities for permanent residency.
