Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

8/27/2013 (1 year ago)

Catholic Online (www.catholic.org)

Program just for rich people allows them to buy green cards, may become permanent.

If you want to come to the United States on a green card, you may as well get in a very long line and wait your turn. Generally the process takes months, and up to a year, sometimes more. However, for those who have money, there is a special line you can enter.

Invest enough money and you get a green card. Congress plans to make the program permanent.

Invest enough money and you get a green card. Congress plans to make the program permanent.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

8/27/2013 (1 year ago)

Published in U.S.

Keywords: immigration, rich, green cards, investement, money


LOS ANGELES, CA (Catholic Online) - As part of the recovery plan for the U.S. economy, the federal government is handing out green cards to any foreign investor that invests at least $500,000 on a project in the U.S. that creates at least 10 jobs.

It is a legal option to buy your way into the country.

If you do it, your entire family becomes eligible to move into the country and reside here legally. Aside from the money and the jobs, the only catch is that there is a 10,000 per year cap on the visas issued to such persons.

It seems a bit un-American to allow one class of people to have preference over another, however there is nothing new to the notion that money buys privilege in the United States.

The program has already demonstrated great success and may even become permanent as Congress mulls the option to enshrine it into law. It's popular with Congress because it creates jobs and brings foreign investment into the country. Foreigners like it because it's an easy option.

Matchmakers have sprung up to serve on both sides of the border. These matchmakers pair rich foreigners with qualifying projects in the U.S. Once the cash is delivered, the visas are issued and the investor, along with the family, can resettle in the U.S. and watch their investment go to work.

The program isn't without risk however. Foreigners are susceptible to fraud, and some projects end up collapsing. Unscrupulous entrepreneurs sometimes want the foreign cash without regard for the soundness of their business plan. When these plans collapse, investors can lose their money.

Investors have learned to become more conservative as a result.

Still, the program enjoys support and is bringing foreign money into the country. It is also bringing foreign investors and their families to live here as well. We are all familiar with low-end immigration where thousands of people cross oceans and deserts to work long hours for low pay in America. It's interesting to see that this also holds true for wealthy immigrants too.

---


Pope Francis: end world hunger through 'Prayer and Action'


2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for September 2014
Mentally disabled:
That the mentally disabled may receive the love and help they need for a dignified life.
Service to the poor: That Christians, inspired by the Word of God, may serve the poor and suffering.



Comments


More U.S.

Father Frank Pavone: 16433 Children Buried in in One Grave Watch

Image of Fr. Pavone prays at the graveside of the children

By Fr. Frank Pavone

For many years, this mass grave had no marker or headstone, just as the children have no names. But now there is a stone, and we are going to name the babies. Supporters of abortion do not want people to see mass graves in our midst. It's too disturbing a ... continue reading


And you thought you had bad traffic! Tropical storm strands thousands in Nevada Watch

Image of Heavy rain washed out numerous portions of Nevada's critical I-15, leaving many drivers stranded or forced to take roundabout backways.

By Catholic Online (NEWS CONSORTIUM)

In what may be the area's worst storm in decades, a 2-mile-long stretch of highway in Moapa Nevada was destroyed by four inches of rain that occurred in just an hour, part of the end of Tropical Storm Norbert. LOS ANGELES, CA (Catholic Online) - The rain caused ... continue reading


What do you do when a man takes off with millions in sunken treasure? Watch

Image of Gold coins recovered from the SS Central America.

By Catholic Online (NEWS CONSORTIUM)

For the past two years, U.S. marshals have been on the hunt for Tommy Thompson, the man who made the greatest lost treasure discovery in American history back in 1988. LOS ANGELES, CA (Catholic Online) - Thompson has been on the run as a fugitive after he skipped a ... continue reading


Wore out his welcome: Obama advocates withdrawing their support Watch

Image of A recent Washington Post-ABC News poll has yielded some most striking findings. The degree to which the president's approval has slipped among key parts of the Obama coalition, such as women, youth and Latino voters who put in him back in charge two years ago.

By Catholic Online (NEWS CONSORTIUM)

U.S. President Barack Obama's support has been rapidly dwindling stateside. The president, in particular has alienated women voters, especially those who re-elected him in 2012. LOS ANGELES, CA (Catholic Online) - "He's been faced with a lot of challenges, and ... continue reading


Values Voters: What We Can Learn from Ted Cruz Being Booed at the In Defense of Christians Conference Watch

Image of Senator Ted Cruz from Texas was the keynote speaker at what was billed as a Gala Solidarity Dinner. Sadly, it certainly did not demonstrate solidarity between Christians. A small group in the assembly, rudely and loudly, reacted negatively to some of the words Senator Cruz spoke as he expressed his convictions concerning the persecution taking place in this land which is properly holy, precisely because of its role in God's loving plan of salvation for the whole human race.

By Deacon Keith A Fournier

The events of Wednesday, September 10, 2014, at the Inaugural In Defense of Christians Gala make abundantly clear that there is a serious and urgent need for values voters to meet and discuss the crisis in the Mideast and ways in which we can work together to ... continue reading


Democrats and Republicans stand together against the Islamic State at inaugural Christian summit Watch

Image of The Islamic State has continued to murder and persecute Christians in every region they have conquered, displacing millions.

By Catholic Online (NEWS CONSORTIUM)

California representative Anna Eshoo (D.) spoke at a special summit called In Defense of Christians (IDC) on September 10, commenting on the continuing persecution and slaughter of Christians at the hands of Islamic extremists in the Middle East, specifically by ... continue reading


War? Congress and administration agree on conflict, argue over who declares it Watch

Image of President Obama's speech on September 10 outlined continued conflict against the Islamic State, and so far responses among Congress and within party lines have been mixed.

By Catholic Online (NEWS CONSORTIUM)

During a live address to the nation on September 10, President Obama promised to destroy the Islamic State, functionally declaring war without the support or approval of Congress. LOS ANGELES, CA (Catholic Online) - This might be for the best, as a majority of ... continue reading


COMES TO LIGHT: Yahoo was threatened in 2008 with $250,000 daily fine if it didn't cooperate with NSA Watch

Image of Recently released documents, roughly 1,500 pages worth, outline a secret - and unsuccessful legal battle by Yahoo to resist the government's demands.

By Catholic Online (NEWS CONSORTIUM)

Would you capitulate if the United States government threatened to hit you with a quarter-of-a-million dollar DAILY fine if you didn't cooperate with them? Internet search engine Yahoo buckled to pressure back in 2008, and the dreaded National Security Agency ... continue reading


72-hour abortion wait period enacted in Missouri Watch

Image of Crowds gathered for rallies both in support and opposition of the legislation. Abortion rights activists wore purple shirts while abortion foes wore red. Both sides pointed to the personal experiences of women who had abortions.

By Catholic Online (NEWS CONSORTIUM)

Overriding a veto of legislation, Missouri lawmakers enacted a new law that requires women to wait 72 hours after consulting with a doctor before having an abortion. LOS ANGELES, CA (Catholic Online) - The vote by Missouri's Republican-led legislature overrules ... continue reading


Feds take $100 million from cartel related businesses in California! Watch

Image of Federal officers seized $100 million from downtown Los Angeles businesses as part of an anti-cartel bust.

By Catholic Online (NEWS CONSORTIUM)

Federal officials announced that Los Angeles is now the nation's center for money laundering by international drug cartels, after a raid in downtown L.A. seized an estimated $100 million in cash and from bank accounts as part of an ongoing probe. LOS ANGELES, CA ... continue reading


All U.S. News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Hebrews 5:7-9
7 During his life on earth, he offered up prayer and ... Read More

Psalm, Psalms 31:2-3, 3-4, 5-6, 15-16, 20
2 turn your ear to me, make haste. Be for me a ... Read More

Gospel, John 19:25-27
25 Near the cross of Jesus stood his mother and his ... Read More

Saint of the Day

Saint of the Day for September 15th, 2014 Image

St. Valerian
September 15: The massacre of the martyrs of Lyons with their bishop, St. ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter