It's an immigration program for the rich. The EB-5 program allows up to 10,000 people a year to immigrate to the US in exchange for an investment of at least $500,000 in an American business. If the investment helps create ten jobs, the investor becomes eligible for permanent residency. Last year, more than seven-thousand people used the program. Kevin Sullivan, senior correspondent for the Washington Post, explains.
Foreign Investor Program Offers Green Cards for Cash
Credits
Guest:
Kevin Sullivan - Washington Post -
@sullivank
Host:
Mike Shuster
Producers:
Katie Cooper,
Evan George,
Anna Scott