[isoos]

Wealthy immigrants can obtain investor visa easier outside of the H1B pool (EB-5).

There is no reason why H1B should be distributed fairly, because the US has a green card lottery that is diversified across various jobs and countries anyway.

[bduerst]

The EB-5 requires starting a company and employing 10+ at >$50k/yr, meaning it costs $500,000+. Do you honestly think the H1B visa will bid higher than $500k/yr for base pay for the employee?

The lottery evenly distributes amongst the positions based on demand. By switching to wealth, you're creating a system that only the highest-paying job categories will prevail.

[gorkemyurt]

That's one way of doing it.

But most of the people use a regional center [1] to park the $500k is a big real estate project like Hunter's Point Shipyard in SF or Hudson Yards in New York with no additional yearly cost.

[1] https://www.uscis.gov/working-united-states/permanent-worker...

[vostok]

I am in an immigrant community where the EB5 is used. It does not cost $500k/year and it is an investment rather than a expense so it is not all comparable to the H1B program.

[bduerst]

We're referring to what it would cost for bad actors to abuse the system. Someone was saying that switching to a biddable H1B visa would solve problems because it's just like the EB5.