Sunday, May 17, 2009
TIDBITS
NuWire Investor talks about immigrant investors helping the US economy.
EarthTimes - Realtors Use New Types of Visas To Open Doors for Foreign Investors
# posted by Greg Siskind @ 9:42 AM
DETROIT LEADERS CONSIDERING EB-5 REGIONAL CENTER
From Metromode.com.
# posted by Greg Siskind @ 9:41 AM
WADHWA: EXPAND THE H-1B PROGRAM TO INCLUDE HOUSING INVESTORS
From Professor Wadhwa's recent Business Week column:
Many economists have begun to discuss this theme, and not surprisingly, they find the Grassley approach counterproductive. Gary Shilling, a prominent economist, envisions a new visa program that would expand the existing EB-5 visa program, which allows visas to be issued to a foreigner who has invested $1 million in a new enterprise that hires at least 10 new employees. The program allows for as many as 10,000 visas a year and grants foreigners permanent residence after two years.
Econoblogger Tyler Cowen, a professor of economics at George Mason University, proposes that foreigners who buy homes be granted an employment visa, a mechanism he feels might even buoy the U.S. housing market. Melding a home purchase with an expanded H-1B program and a clear, fast-track path to citizenship might be an effective way to not only bring in these immigrant knowledge workers but also harness their economic growth to help the entire country regain some of its lost housing value. Beyond creating more jobs and potentially underpinning the housing market, this infusion of smart immigrants would most likely have other salutary effects, such as expanding the U.S. tax base and boosting the number of patents filed in the U.S. by both immigrant workers and U.S. citizens.
# posted by Greg Siskind @ 9:31 AM
Saturday, May 2, 2009
UK MAN BEING INVESTIGATED FOR EB-5 FRAUD
A lot of new people have been getting in to the EB-5 field as the program grows more popular and many of the processing problems have been reduced. Unfortunately, that will also attract those who seek to make a fast, dishonest buck. The Observer in London reports on one case under investigation.
# posted by Greg Siskind @ 11:46 AM
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EarthTimes - Realtors Use New Types of Visas To Open Doors for Foreign Investors
# posted by Greg Siskind @ 9:42 AM
From Metromode.com.
# posted by Greg Siskind @ 9:41 AM
WADHWA: EXPAND THE H-1B PROGRAM TO INCLUDE HOUSING INVESTORS
From Professor Wadhwa's recent Business Week column:
Many economists have begun to discuss this theme, and not surprisingly, they find the Grassley approach counterproductive. Gary Shilling, a prominent economist, envisions a new visa program that would expand the existing EB-5 visa program, which allows visas to be issued to a foreigner who has invested $1 million in a new enterprise that hires at least 10 new employees. The program allows for as many as 10,000 visas a year and grants foreigners permanent residence after two years.
Econoblogger Tyler Cowen, a professor of economics at George Mason University, proposes that foreigners who buy homes be granted an employment visa, a mechanism he feels might even buoy the U.S. housing market. Melding a home purchase with an expanded H-1B program and a clear, fast-track path to citizenship might be an effective way to not only bring in these immigrant knowledge workers but also harness their economic growth to help the entire country regain some of its lost housing value. Beyond creating more jobs and potentially underpinning the housing market, this infusion of smart immigrants would most likely have other salutary effects, such as expanding the U.S. tax base and boosting the number of patents filed in the U.S. by both immigrant workers and U.S. citizens.
# posted by Greg Siskind @ 9:31 AM
Saturday, May 2, 2009
UK MAN BEING INVESTIGATED FOR EB-5 FRAUD
A lot of new people have been getting in to the EB-5 field as the program grows more popular and many of the processing problems have been reduced. Unfortunately, that will also attract those who seek to make a fast, dishonest buck. The Observer in London reports on one case under investigation.
# posted by Greg Siskind @ 11:46 AM
XML newsfeed
archives
Many economists have begun to discuss this theme, and not surprisingly, they find the Grassley approach counterproductive. Gary Shilling, a prominent economist, envisions a new visa program that would expand the existing EB-5 visa program, which allows visas to be issued to a foreigner who has invested $1 million in a new enterprise that hires at least 10 new employees. The program allows for as many as 10,000 visas a year and grants foreigners permanent residence after two years.
Econoblogger Tyler Cowen, a professor of economics at George Mason University, proposes that foreigners who buy homes be granted an employment visa, a mechanism he feels might even buoy the U.S. housing market. Melding a home purchase with an expanded H-1B program and a clear, fast-track path to citizenship might be an effective way to not only bring in these immigrant knowledge workers but also harness their economic growth to help the entire country regain some of its lost housing value. Beyond creating more jobs and potentially underpinning the housing market, this infusion of smart immigrants would most likely have other salutary effects, such as expanding the U.S. tax base and boosting the number of patents filed in the U.S. by both immigrant workers and U.S. citizens.
# posted by Greg Siskind @ 9:31 AM
A lot of new people have been getting in to the EB-5 field as the program grows more popular and many of the processing problems have been reduced. Unfortunately, that will also attract those who seek to make a fast, dishonest buck. The Observer in London reports on one case under investigation.
# posted by Greg Siskind @ 11:46 AM
