The United States of America is globally viewed as the land of opportunity, which is why so many families from outside the country flock to our borders. They are searching for a better way of life than their current country can provide.
Let’s start by being very clear that the EB-5 program is a great opportunity for foreign investors to get involved with US businessmen. It should not, however, be a springboard to getting residency in the US. Just because you have money, doesn’t mean that you should be able to buy your way into the country.
When Nicole Kushner Meyer went to China last month looking for investors to buy into her brother’s new luxury apartments in Jersey City, it was no accident that she name dropped. Then to publish an apology claiming that was not your intention to obtain additional investors…look, everyone knows the game. Say what you have to say to get the job done, then apologize later. Either way, the EB-5 program should be eliminated.
I know plenty of people who have struggled through the immigration process, and eventually have the opportunity to raise their right hand to be sworn in as a citizen of the United States. To give the wealthy anything more is just a double standard. It’s the same double standard we see time and time again when a professional athlete or public figure gets less than the same punishment that your average Joe gets for whatever crime it is he/she has committed.
If you want to become a U.S. Citizen, do it the right way. Take your $500,000, start your paperwork, find one of the many 2 bedroom apartments for rent to house your family, get a job/start your own business, and become a productive member of society.
If you want to invest money into the luxury apartments in Jersey City at One Journal Square, by all means go ahead. And, while you are waiting for the complex to be finished, you can live a few blocks away at The One Jersey City so you can keep an eye on the progress of construction.