The idea of the EB-5 program was that wealthy foreigners could pay a registered Investor Agent $500,000 – $1 million depending on the location. The investor would get a green card and be on the way to getting American citizenship. No matter how they try to frame it, they were selling American Citizenship.
To the right is a map of the locations and the price for an EB-5 foreign investor.
To be able to sell American citizenship, Investor Agents had to register with the U.S. Citizenship and Immigration Service for the authorization.
When this government program was discovered, it was in connection with the Communist Chinese, but the program was open to investors from any country.
EB-5 Visas selling American citizenship (pdf)
Tea Zone Map of Idaho showing prices by color.
Immigration Act of 1990
The EB-5 visa program was authorized in the Immigration Act of 1990 along with a slew of other new types of visas.
101st Congress, S.358, became Public Law 101-649, 11/29/1990
Summary of the Legislation
Co-Sponsors
Text of the legislation (EB – selling American citizenship)
EB-5 Regional Centers Sinomach, energy
EB-5 Investor Visa – BUYING American Citizenship (article – old website)
Idaho Eagle Forum’s activism included going on radio stations and talking about what we found.
The Chinese are Coming!
The Chinese are Coming!
At the point when a man from Las Vegas tracked me down to ask if the story about the Chinese was real and I told him yes it was, I thought we better write a report with everything we knew to that point. The title of the report was How America Became a Land Bridge Between Two Bodies of Water.
Otter met Sunday with the China Council for Promotion of International Trade’s Raymond Wu. Wu, with the
Department of International Relations in Beijing, is Idaho’s host for the mission. As host, Wu makes the
official invitation to the state to hold the trade mission. He also coordinates meetings between Otter and the
Idaho companies with Chinese government officials.
The purpose of the trade mission is a key part of my Project 60 initiative, our comprehensive
plan to grow Idaho’s economy and create more career-path employment opportunities.
Reaching out to international markets and driving investment here in Idaho must occur in order
for our businesses to flourish and grow.
If it succeeds, much of the credit will go to Otter and Taiwanese businessman Raymond Ku,
who made millions helping wealthy Chinese leave Hong Kong in the 1980s and, through his
company Westlink, helps people across Asia immigrate to various countries.
