Wednesday, September 3, 2014

U.S. runs out of investor visas as Chinese overwhelm program


The United States has exhausted its annual supply of EB-5 immigrant investor visas for the first time in the program's history following a surge of applications from Chinese nationals.

The State Department's chief of visa control, Charles Oppenheimer, told lawyers at an industry conference earlier this week that no more spots will be available to Chinese for the rest of the fiscal year, which ends Sept. 30. Several attendees confirmed his comments to CNNMoney. Read more: http://money.cnn.com/2014/08/27/news/economy/china-us-visa/

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