Monday, April 18, 2016

NH Valley News Editorial: Jay Peak and the EB-5 Program

NH Valley News Editorial: Jay Peak and the EB-5 Program, "it has long seemed to us that EB-5 is fundamentally flawed in two respects. The premise that worthy projects must rely on foreign investors who participate for non-financial reasons seems shaky at best. If a development proposal is truly sound, it should be able to attract capital in the usual ways. The second flaw, as we have discussed here previously, is that permanent residency in the United States is sufficiently precious that it should not be auctioned off to the highest bidders, but rather conferred as part of a comprehensive agreement on what talents, qualities and attributes best qualify immigrants for admission to this country".   

You can read more at http://www.vnews.com/Opinion

 

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