Trump Prone To Kill US Visas For Chinese Super Rich Investors

Trump Prone To Kill US Visas For Chinese Super Rich Investors

The newest American President Donald Trump needs to restrict the migration of China's super rich to the U.S., especially the granting of the so-called "golden visa" or the EB-5 visa. The EB5 is the ticket for most affluent Chinese super rich to buy the U.S. Many American legislators wish to leave it alone, but Trump is taking a different stand. Nuri Katz, head of financial services business Apex Capital Partners, said, "As such, I do not consider that Trump will start any developments to the EB5.

" "Having said that, many other individuals, including many representatives and senators do need to change or fight the program entirely, so that'll happen despite what Trump may think or want," he added. It was ratified by the Congress in 1990. Total investments have amounted since 2008, that have created tens of thousands of jobs for Americans.