Foreign Investor Program Offers Green Cards for Cash

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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.

Credits

Guest:
Kevin Sullivan - Washington Post - @sullivank

Host:
Mike Shuster

Producers:
Katie Cooper, Evan George, Anna Scott