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Give Us Your Rich, Your Money

The EB-5 visa program is a good idea, but it needs to be reformed
Give Us Your Rich, Your Money
Illustration by Bloomberg View; Photographs by Getty Images (2)

This summer’s scenes of ragged Central American children and teenagers crammed into makeshift detention centers didn’t exactly affirm Lady Liberty’s invitation to “your tired, your poor, your huddled masses yearning to breathe free.”

Rest assured: Your well-rested, your rich, your coddled elites face their own difficulties opening the golden door to U.S. citizenship. Exhibit A is the dysfunctional U.S. program that’s meant to grant foreign investors green cards in return for investments in new U.S. enterprises that create jobs.