Besides the multibillion dollar refugee racket financed by YOU, there are other immigration rackets you need to know about. The Visa investment racket has exploded since the 2008 financial meltdown. The EB-5 visa racket is now generating over 10,000+ investment visas annually, up from a few hundred ten years ago. The actual number may be as high as 50,000 including visas for the family of the applicant, but no one really knows. Like all the government's immigration rackets, it began with good intentions. Fortune has an excellent article about how the EB-5 racket has morphed into a booming business with intermediaries and agents skimming and scamming and the DHS seemingly lost in how to manage the program. No surprise there. If the government is going to be a whore and sell visas, why not cutout the middlemen, and sell the visas directly for $1 million paid directly to the US govt with no refund, nothing, and require the $1 million be used solely for paying down our deficit. Of course, even that simplified scheme would be distorted and abused. I think the government, if it wants to keep the visa for sale racket, should look at other countries' visa for sale schemes and assess what works best and change the program.
The dark, disturbing world of the visa-for-sale program
Whether you’re a skilled technology worker or a poor laborer, it’s getting harder to become a U.S. citizen. But for those with $500,000 to buy their way in, it’s a different matter. That’s just the beginning of the problem.