Peter Schweizer’s new book The Invisible Coup: How American Elites and Foreign Powers Use Immigration as a Weapon details how a seemingly innocuous program to entice foreign investors became a massive operation for laundering foreign donations to American politicians, primarily Democrats.
The plot revolved around a program established by the 1990 Immigration Act called the Employment-Based Fifth Preference (EB-5) visa. It was ostensibly intended to encourage foreign investors to put big money into American business and job creation.
Foreigners who invested at least $1.05 million (or $800,000 in certain economically-distressed areas) and created at least ten American jobs were issued a green card and permanent resident status. Applicants under this fast-tracked program were subjected to very little scrutiny.
In practice, the EB-5 program
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!