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ImmigrationProf Blog
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Million Dollar Visas Up!

By immigrationprof

Jennifer Ludden of NPR reports that the recession has given new life to a program for visas for immigrants who invest between $50,000 and $1 million in a U.S. business and can establish that it created 10 jobs. The number of these investor visas has tripled in the past year.  Still, fewer than half the the 10,000 allotted visas were used.

One reason for the uptick in investor visas — the long backlog in other visa categories that create long lines for noncitizens seeking to immigrate to the United States from certain nations, such as China.

KJ