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Rich Chinese overwhelm U.S. visa program
A dramatic surge in interest from wealthy Chinese is threatening to overwhelm a U.S. program offering investors green cards in exchange for cash.
The number of applicants is now so great that the government might run out of permits.
Any foreigner willing to commit at least $500,000 and create 10 jobs in America can apply for an investor immigrant visa -- also known as an EB-5.
The demand from mainland Chinese eager to move abroad has already led the U.S. government to warn the program could hit a wall as early as this summer.
more
http://money.cnn.com/2014/03/25/news/economy/china-us-immigrant-visa/index.html?hpt=hp_t3