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by bduerst
3671 days ago
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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. |
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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...