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发帖数: 3435 | 1 Investor-Visa Door Opens Wider Under Trump
By BOB DANE June 11, 2018
America’s troubled investor-visa program is getting a surprising and
distressing lift from the Trump administration. Instead of tighter vetting
of foreign nationals seeking green cards, more applicants are gaining entry
into the U.S. via the so-called “golden visa.”
Compared with the Obama era, denials of EB-5 applications have dropped from
15.3 percent to 7.9 percent, according to new analysis by the Center for
Immigration Studies.
This is a troubling trend for anyone concerned about the integrity of our
immigration system. FAIR, along with multiple media outlets, has reported on
the national security and fraud implications of the EB-5 program. The Obama
administration set a low standard for admission; it’s alarming that the
bar may be going even lower.
Increased approvals of EB-5 visas for foreign nationals who effectively buy
their way into the country merely invite more mischief.
EB-5 was launched in 1990 as a pilot program to spur foreign investment in
the U.S. Its track record has been dismal: For every $100 of foreign
investment in this country, EB-5 accounts for one penny.
It’s still early, though. Approval-denial data are only available for the
first nine months of the current administration.
Whatever Trump appointees do, or don’t do, to take administrative control
of EB-5, Congress must get serious about strengthening the accountability
and performance requirements of the program it created.
In a letter to the president last week, Sen. Charles Grassley, R-Iowa,
asserted that EB-5 is “riddled with fraud and serious vulnerabilities that
present real national security concerns” and has strayed far from its
intended purpose.
If EB-5 cannot be mended, it must be ended. | h****g
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