Tuesday, March 14, 2017

King offers repeal: EB-5 visas an invitation to ‘terrorists’

(Source: Pilot Tribune)  Western Iowa Congressman Steve King has introduced a proposed repeal of the EB-5 visa program. The program allows foreign nationals who invest large amounts of money in the United States access to green cards to enter the country legally. The program was intended to stimulate the economy and produce new jobs. King claims it isn’t working. “Developers have monopolized the EB-5 program since its creation, exploiting its flaws and fighting against any compulsory reforms,” said King. See report at http://www.stormlakepilottribune.com