GOP Sen. Mike Rounds Pushes EB-5 Visa Bill Which Aids Chinese, Indian Migrants, Coastal Cities

South Dakota GOP Sen. Mike Rounds has drafted a bill that would help wealthy Chinese buy citizenship — and would also help steer investment away from the heartland states towards the increasingly wealthy states on the coasts. The giveaway for the wealthy Chinese lenders is buried on page 85 of Rounds’ draft bill, which offers a “parole” shortcut around the backlog of Chinese who are now waiting in line for EB-5 green cards:-- More...