Commentary
Chinese investors once again can purchase green cards by investing in the U.S. real estate market under the aegis of a controversial immigration program that has been revived after lapsing last year.
FBI agents remove boxes of documents from the California Investment Immigration Fund offices after serving search warrants in an investigation into an alleged $50 million high-end visa fraud scheme involving as many as 100 Chinese nationals in San Gabriel, Calif., on April 5, 2017. The scheme allegedly involved the EB-5 visa program, which offers foreign nationals legal residency in the United States in exchange for investments of at least $500,000 in U.S. businesses that create a minimum of 10 American jobs. Mark Ralston/AFP/Getty Images
Greg Isaacson
Author
Greg Isaacson spent 7 years in China and Thailand researching and reporting on business and real estate in Asia, with a focus on commercial real estate in Chinese-speaking markets as well as outbound investment from China. He has also worked as a real estate research analyst in Chicago and a real estate reporter in New York.
