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this post was submitted on 04 Apr 2025
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chapotraphouse
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This type of visa already existed, Trump just wanted to put his face on it. The EB-5 visa was created in 1990. The EB-5 gave permanent US residence to immigrants who payed $1 million and own a US business with at least 10 employees.
https://en.wikipedia.org/wiki/EB-5_visa
i think theres some followup with EB-5 to make sure the investment and jobs actually materialize. this seems like it's a no-strings-attached pay $5 million, get a green card. I also assume with the EB-5 investment, since it's an investment, the line might actually go up. This is probably just setting $5 million on fire.